The practical consequences of depression 2.0
AMERICAN GOTTERDAMMERUNG « Mike Cane 2008
I’ve seen posts elsewhere by people stating they’d rather see the collapse of the entire economic system instead of having the current alleged bailout go through. They believe they could live through the consequences of that.They are so wrong.
Does smell influence dreams?
Smells Influence Dreams, Study Says
The dreamers continued sleeping for another minute until the scientists woke them up and asked them to describe their dreams and rate the experience as emotionally negative or positive.
Re-aligning the financial sector with the productive economy
Angry Bear: Can we please broaden our thinking in this crisis?
Well, one of the reason’s for having a graduated income tax to the point of 90% at the top was to prevent exactly what we are now discussing as one of the issues that needs to be addressed in the bailouts. It was to prevent economic royalty, to preserve democracy, to assure one voice – one vote, to prevent some from being so powerful that they would be insulated from responsibility for the problems they could create.
LHC stopped
We can make our own -financial, political, social…- black holes, thank you very much!
BBC NEWS | Science/Nature | Hadron Collider forced to halt
Plans to begin smashing particles at the Large Hadron Collider (LHC) may be delayed after a magnet failure forced engineers to halt work.
Follow the money
Are lawmakers taking decisions based on the common or their individual interests?
Altogether, 56 senators and representatives had stakes in AIG, Lehman, Fannie Mae, Freddie Mac, Bear Stearns Cos. or IndyMac Bancorp Inc. — some of the biggest casualties of the market bloodbath — according to the Center for Responsive Politics. The most recent annual disclosure filings list investments as of Dec. 31, 2007, and reveal the size of holdings only within a range of values. Lawmakers may have sold shares since then.
Lessons in corporate failure from a 5th grader
Lessons in Corporate Failure From a 5th-Grader | LiveScience
She just couldn’t believe that her group didn’t get the paper-selling concession — the big money-maker, older kids had told her. Instead, they were stuck with markers, which, according to her corporate spies, never made anybody any money.
The power of computers in today’s financial world
You may remember my post here about quantum computing. Now read this article:
Internet Bots: Anatomy of a Stock Selling Frenzy - HotHardware
The Wall Street Journal reports that at about 10:45 a.m. EDT on Monday, September 8, “a headline from the outdated report flashed across Bloomberg screens.” At which point, “algorithmic trading mechanisms, which buy and sell stocks based on news headlines and earnings data,” started selling off the United Airlines stock on the mistaken assumption that the company had just filed for bankruptcy. United’s stock plummeted over the course of the next 15 minutes until NASDAQ halted trading of the stock and United issued a statement saying that the rumors of its recent bankruptcy were greatly exaggerated. The Wall Street Journal adds that “UAL’s stock price ended Tuesday’s session at $10.60, down 2.8% on the day and nearly 13% off Monday’s open.”
JetBlue to auction flights on eBay
JetBlue to auction flights on eBay - Sep. 7, 2008
NEW YORK (AP) — JetBlue Airways Corp. is auctioning off more than 300 roundtrip flights and six vacation packages this week on eBay, with opening bids set between 5 and 10 cents.
Talk about business models changing. This is a bold experiment. How long before other low-cost airlines do the same? Will it work or just bankrupt them faster?
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About Javier Marti
As an Independent Strategy Consultant, speaker and founder of HypnoticSales.co.uk and SunshineHypnosis.co.uk, Javier is dedicated to help organizations, small businesses and individuals to optimize systems, increase profits and make better choices in business and in life. He is the author of the book "Mobile, Domains & The Future"
Javier also shares his knowledge and experience through information-packed and entertaining presentations in English and Spanish.
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