$70 million discount on US mega-mansion
This grand, historic estate in Beverly Hills might not be in perfect shape but it comes with a priceless history.
In 2007, Beverly House was the most expensive home for sale in America at the eye-watering and unsuccessful asking price of $US165 million.
Once owned by the famous and controversial American publishing mogul William Randolph Hearst, the fabulous Beverly Hills mansion is back on the market at the far more "reasonable" sum of $US95 million ($92,838,700).
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We are heading now into what may prove to be the worst crisis in modern history. We saw what happened at the culmination of the global great depression of the 1930′s. By the time it was all over, tens of millions were dead.
It is our hope that a similar result can be avoided now. Our greatest fear, however, is that the problems are so severe, and the global economies and political systems are so intertwined and fragile, that there is simply no way to stop the cleansing and re-balancing of decades of excess that is to come.