Category Archives: Business
Quid Pro Quo
OPEC sells oil for $139.00 a barrel. OPEC nations buy U.S. grain at $7.00 a bushel. Solution: Sell grain for $139.00 a bushel. Can’t buy it? Tough! Eat your oil! Ought to go well with a nice thick grilled filet … Continue reading
Housing crash worse than Great Depression
According to The Economist, the housing market is declining faster than it did during the Great Depression. Here’s the article, it’s a quick read.
Countrywide CEO Profits To The Extreme
During a year when the company’s stock dropped 81%, 10,900 jobs were slashed, and the whole country is struggling with the subprime crisis… Angelo Mozilo, the CEO of Countrywide, is going to earn over $300 million personally. Here’s more
Putin May Have 40 Billion Dollar Fortune
Vladimir Putin may be the richest man in all of Russia and Europe. Although it is not entirely clear, a recent assessment estimates his wealth at over $40 billion. He apparently has major equity in many companies held through secret … Continue reading
British Satire Take On Financial Markets
This is a clip from a British show called, The South Bank Show. Incredibly brilliant take on the current subprime crisis.
Walmart: The High Cost Of Low Prices
I will never spend another dollar at Walmart as long as I shall live. I just watched the movie Walmart: The High Cost Of Low Prices, they are perhaps the most evil corporation in the history, and I believe they … Continue reading
Dollar Plummets Further
Today China signaled its intent to diversify their $1.43 trillion holdings in favor of stronger currencies. That is a whole lot of downward pressure on an already weak dollar. If you have some money to invest I suggest buying some … Continue reading
Vacant Houses Skyrocket
The number of vacant houses in the US has skyrocketed to unprecedented levels, adding fuel to the fire, that the prices may come tumbling down.
Time is money
This site shows your salary in real time, breaks it down to earnings per second. Pretty cool, check it out.
Pop Culture As A Wall Street Indicator
I just read an interesting article in Slate that points out how when Hollywood latches on to what’s happening on Wall Street it’s time to sell. By the time the movie gets developed or book gets written the trend is … Continue reading