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There are no good times for musicians, never ever.
You are probably already paying more for your food, you will be paying more for transport (bus/tube) and heating/cooking/electricity etc etc.
You will looked back romantically at the bad old days next year when you tuck into your plate of gravel and worm eggs.
horray! now I know why i'm not seeing any difference in my pocket after going "bike"...!
jeez..worm eggs and gravel....you saying I have to say goodbye to Diet Coke?
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Best thread tonight, I should probably go to bed... But... There's a bottle of blue label Smirnoff in the freezer, I've got no particular place to go, a new laptop on my lap and I'm not professionally engaged on the morrow... What would you do? Hmmm?
And you can't judge a book by looking at the cover... Bo was deep... Sooper dooper deep... Or something... -
My cousin shops exclusively at Netto (Sheffield) for his family of 6, they all look like they have AIDs and live off what looks like savoury coloured paste and sweets.
They are already one step ahead of us.
We should take that knowledge and put it in our collective knowledge bank of knowledge-stuff... Could come well handy... It's our future after all...
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50:14
of course!
PSalm 50:14
Offer - If thou wouldest know what sacrifices I prize, and indispensably require, in the first place, it is that of thankfulness, proportionable to my great and numberless favours; which doth not consist barely in verbal acknowledgments, but proceeds from an heart deeply affected with God's mercies, and is accompanied with such a course of life, as is well - pleasing to God. Vows - Those substantial vows and promises, which were the very soul of their sacrifices. -
i also indulge in the far superior gherkin/salami/cold meat selection of the german variety =) is aldi the new waitrose and lidl the new tesco? i guess iceland is still iceland. you know you have it bad when you are fighting to grab an armful of reduced crap of a morrisons shelf as the poor bloke puts it out, reduced salad is not good
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not round my way. pretty girls in sainsburys.
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Feeling like a slightly jammy fucker having just landed a job telling people how to save money. Paid for by your hard earned tax thankyouverymuch.
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If you bought $1000 of stock a year ago, you would now have:
$91.28 if you bought Washington Mutual
$37.50 if you bought Neomagic
$21.29 if you bought Freddie Mac
$20.79 if you bought Fannie Mae
But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the cans for the recycling REFUND… You would have $… 214.00 in cash.
So the best investment advice is to drink heavily and recycle.
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If you bought $1000 of stock a year ago, you would now have:
$91.28 if you bought Washington Mutual
$37.50 if you bought Neomagic
$21.29 if you bought Freddie Mac
$20.79 if you bought Fannie Mae
But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the cans for the recycling REFUND… You would have $… 214.00 in cash.
So the best investment advice is to drink heavily and recycle.
$ AIDs if you bought Unipak.
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anyone wondering how this mess started?
Bit of a Nick Leeson job really. Banks borrowed money to lend (mostly for mortgages) to people at a high risk who then defaulted. Banks then covered the shit up thinking it was a bit of a blip, intending to bring the cash back on line by lending to others (also for mortgages, being the easiest way to rake in cash when the system works) and running out the margins. To do this they had borrow from other banks. However, the trend continued leaving numerous small banks in the US folding and their creditors holding bad debts in a very tangled web of who owes what to who, why and where and leaving no decernable chain of claim on assets.
Of course, this alone wasn't enough to send us down the shitty slope that we're now accelerating down. What we have now is a critical loss of faith in the banking industry which in turn leads to lack of/withdrawl of investment. This means that stocks and shares automatically lose value which is usually only limited to an industry or sector. Unfortunately, as it's the banks and they are effectively every sector, then you get a pandemic effect and the media isn't helping by talking about it because that bumps up the natural human fear response and a vicious circle pattern perpetuates.
Here's the kicker though. The cash under the mattress response is basically the wrong one. By all means it protects your cash over the short term, but it makes it less meaningful in the long term. If the banks don't have liquid assets (your savings) then they can't operate the trading system which is the basis of the global economy which leaves us trying to rely on an independant national system. We can't actually do that. The resources and systems simply do not exist to allow us to do that.
Congratualtions to the western world for going from an asset driven society to a credit driven one. It's an almost irreversible move and requires trust, which we have utterly failed to maintain.
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Cash in your mattress time...
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@tynan
Tynan knows what time it is...