“ LAST WEEK, something happened which I never expected to see in my lifetime. There was a general run on the entire British banking system. Ordinary people started moving their money around from bank to bank in fear that they might lose their cash.
Iceland is on the brink of collapse. Inflation and interest rates are raging upwards. The krona, Iceland’s currency, is in freefall and is rated just above those of Zimbabwe and Turkmenistan. One of the country’s three independent banks has been nationalised, another is asking customers for money - Guardian
“ Cullen knows tax revenues have already been hammered through three successive quarters of economic recession. But this is nothing compared with what’s coming down the track as Kiwi companies corralled by the current credit lines squeeze reverse investment plans and switch into headcount reduction mode.
— Business-connected columnist Fran O’Sullivan
A new report says business failures have increased in Australia by 11% for the first half of this year, payment terms are at a seven-year high and traditional avenues of credit for small business are drying up, according to a report.Small businesses are expecting a tough outlook with the credit squeeze and the falling dollar, but they are also worried where the money will come from in the run-up to Christmas
Advice! (via sneak / Frank Chimero)
The Nigerian scammer song! I don suffer no be small, Upon say I get sense, Poverty no good at all, no. Na im make I join this business. 419 no be thief, its just a game, Everybody dey play am if anybody fall mugu, ha! my brother I go chop am
OMG the 80s are back! the 20 year old uni students at the cafe were playing this endlessly and loud at the cafe where I was trying to have coffee at 8am this (Sunday) morning! They said this tune was their new musical discovery! Only yesterday in the NY Times I read in this article : Do you know what the youth of today are doing? They’re listening to ’80s music. R.E.O. Speedwagon, and Madonna, and Michael Jackson and Journey.
“ In the future, one website will try to serve all our music-purchasing needs. MySpaceMusic - Rupert Murdoch’s pride and joy is trying to go legit;
But mayhem may ensue, and success may not.
But mayhem may ensue, and success may not.
— Why MySpaceMusic won’t succeed according to Village Voice