the best things in life aren't things
Posts tagged financial crisis
Abolish the World Bank and International Monetary Fund
Jim Rogers talks to Sir David about the current economic crisis and Barack Obama’s rescue package. Jim’s theory is basically simple: if you make a mistake, you go broke. That’s it, that’s that.
Hot investment during financial turmoil
A little bit of “funny” we can all use these days:
If you had purchased $1,000 of AIG stock one year ago you would have $44.34 left.
With Wachovia, you would have had $54.74 left of the original $1,000.
With Lehman, you would have had $0.00 left.
But, if you had purchased $1,000 worth of beer one year ago…drank all of the beer, then turned in the cans for the aluminum recycling refund, you would have $214.00 cash.
By the way, bothe the US and EU financial markets will continue to fluctuate – it’s a great time to make some hard investments (gold, land, women). Or you an go for the 401- keg strategy and drink yourself silly.