Category Archives: economy

5 Days left in 2008

December 26, 2008 – 2:59 pm

Thailand’s tourism board is reporting record absenteeism in the tourist ranks. “2,000,000 are gone.” One official bemoaned from his Benz. The sex emporiums of Nana and Soi Cowboy are also feeling the absence of farangs. One Patpong bar had only a single beer-drinker. Jamie Parker and he wasn’t buying. “I’m only shopping to rent.” The […]

By Peter | Also posted in Sex, Thailand | Comments (0)

Money Goes Poof

December 13, 2008 – 5:35 pm

During the boom plenty of smart people said, “A million dollars isn’t a lot of money.” It wasn’t if you were paper-rich like many investors around the globe, however recent financial debacles have re-educated the rich the value of money. Not money in stocks, but money in your pockets or banks, especially those investors defrauded […]

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Iceland Crapped Out

November 25, 2008 – 1:14 pm

“I don’t trust the government, I don’t trust the banks, I don’t trust the political parties, and I don’t trust the IMF. We had a good country here and they’ve ruined it.” These words came from a young Icelandic protester angered by the North Atlantic nation’s collapse into an extreme economic abyss. Banks in Reykjavik […]

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

We all scream panic

October 24, 2008 – 5:24 pm

Friday’s stock market ride resumes the roller coaster ride of the past weeks, as the Dow Jones dangerously nears the 8000 level. Old man Greenspan’s admission that he might have been wrong about predatory de-regulation and sell-offs by the foreign markets have triggered a widespread panic within the financial universe. No one can figured out […]

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

0000 Dow Jones

October 13, 2008 – 3:34 pm

The Dow Jones approached my earlier prediction of 7500 on Friday. Today true believers in capitalism threw away their panic buttons and threw cash at the Stock market, pushing the DJ up over 9200. Many analysts attributed the optimism to the emergency meeting of the G-8, however my cousin Robbo, an investment banker, is offered […]

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