Category Archives: economy

Quote of the Day

March 3, 2009 – 12:15 pm

A business that makes nothing but money is a poor business. Henry Ford For a related article click on this URL https://www.mangozeen.com/2008/11/30/art/15-seconds-with-andy-warhol-by-peter-nolan-smith.htm

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How Low Is Low

March 3, 2009 – 12:12 pm

The Limbo originated in the 1950s and while many people associated the dance with Hawaii, its source was the island of Trinidad. The object of the dance was to gyrate under a bamboo stick at ever lower heights in the reverse of a high jump. Some dancers cleared the stick with only inches separating their […]

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Debt Disaster

February 15, 2009 – 10:36 am

“What do you think is the total US government debt?” I asked a young economist in the Columbia University graduate program. Francesco was smart and took his time to calculate the numbers. “15 trillion dollars.” The sum was the total of the US annual GDP or every single penny made by the nation in a […]

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Gold Frenzy in reverse

February 1, 2009 – 9:22 am

Times are tough everywhere and people are hard up for money. Nowhere more obviously than in Bangkok’s Chinatown where crowds surged into the gold shops after the Chinese New Year to exchange their bahts of gold for paper baht. Gold might be beautiful, but you can’t eat it. Gold merchants soon ran out of hard […]

By Peter | Also posted in Bangkok | Comments (0)

Financial Planning for the Future

January 20, 2009 – 8:02 am

Dan was a single guy living at home with his father and working in the family business. When he found out he was going to inherit a fortune when his sickly father died, he decided he needed a wife with which to share his fortune. One evening at an investment meeting he spotted the most […]

By Peter | Also posted in Humor | Comments (0)