Beyond a modest fence slumps a spectacularly large crater, 60m deep and feathery around the sides with birch trees, elder, nettles and ragwort.
A new report on Los Angeles' creative economy shows the entertainment industry emerging from its recession-induced slump, with modest job gains in 2011 hinting at the early stages of a recovery.
Of course, something unexpected could happen, to turn a modest recession into a true slump.
The turnaround, said Mr. Spector, " is predicated on the assumption that there will be modest economic expansion". And the slump in the construction industry is already taking a toll.
But a combination of a modest price rise and the slump in sterling have combined to push the price of afternoon tea up by two-thirds, while a drink in the shadow of Somerset Maugham has more than doubled; buy a round of six, and the bill tops £100 The foreign currency that affects the highest number of British travellers is the euro.
While many still admire Mr. Jobs's touch -- iTunes quickly established a market for paid downloads after the industry wasted years on misfires -- he also inspires enmity or jealousy from others in the industry, which is back in a slump after a modest rebound last year.
Roughly speaking, Stubelt sees as much as a half a billion dollars available in the market as more teams upgrade, what he calls "annuity money," a modest hedge against the consumer slump.
Indeed, the country has slumped into a modest recession since 2011, weighed down by weak demand for Czech products like cars and Bohemian crystal.
Still, some experts, like Richard Gardner, a technology analyst at Salomon Smith Barney, believe that the longer-term prospects for the slumping industry are modest.
While the Czech Republic has slumped into a modest recession since 2011, tough austerity measures by the departing government had kept debt levels manageable, and the country's banking sector is stable.
