Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts
Thursday, 23 September 2010
The Warren Omission
I see that Warren Buffett is talking down the economy by claiming that the US is still in recession. What's the wily old hustler about to buy?
Friday, 1 May 2009
Bloomberg ensures traders' losses are terminal
I hear that Bloomberg is giving away terminals to sacked City workers playing the markets from home.
Surplus traders backing themselves to do better with their redundancy cheques than they did at major institutions is one of the more obvious errors perpetually made during recessions. It's one of the most hilarious, too.
Surplus traders backing themselves to do better with their redundancy cheques than they did at major institutions is one of the more obvious errors perpetually made during recessions. It's one of the most hilarious, too.
Tuesday, 17 February 2009
Recession Myths
No. 1: Recessions are good for your health...
November 2008: Tory health spokesman, Andrew Lansley, observes: "I've been reading up on the impact of previous economic downturns on our health. Interestingly, on many counts, recession can be good for us. People tend to smoke less, drink less alcohol, eat less rich food and spend more time at home with their families."
February 2009: Kentucky Fried Chicken announces it's creating 9,000 new jobs in the UK, while UK and Irish profits at Domino's Pizza rise 25% to £23.4m.
November 2008: Tory health spokesman, Andrew Lansley, observes: "I've been reading up on the impact of previous economic downturns on our health. Interestingly, on many counts, recession can be good for us. People tend to smoke less, drink less alcohol, eat less rich food and spend more time at home with their families."
February 2009: Kentucky Fried Chicken announces it's creating 9,000 new jobs in the UK, while UK and Irish profits at Domino's Pizza rise 25% to £23.4m.
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