Wednesday, October 1, 2008

Could central planners have imagined these adjustments?

The flexibility of a capitalist economy is remarkable:
  • Hugh Hefner is laying off some of his bunny girls
  • Sales of turnips have rocketed
  • Tearooms are enjoying a renaissance
  • Children are being forced to walk to school.
  • fish and chip shops have seen an increase in sales for the first time in five years
  • Chocolate sales are soaring

2 comments:

  1. Recently an insurance company nearly wind up....

    A bank is nearly bankrupt......


    Who fault?


    The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......


    Sign a petition to your favourite president candidate, congress member again and ask for their views to comment on this, and what regulations they are going to raise for implementation.....If you agree on my point, please share with many people as possible....


    http://remindmyselfinstock.blogspot.com/

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  2. People are also living more green, which is saving money and helping the money at the same time! This downturn may actually be good for the environment.

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