The Corner Blog Archives: Economics
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24 December 2009
Christmas is Cancelled Until Further Notice
(Korvatunturi)The weak economic downturn isn’t affecting just employers and employees of housing and banking companies. Also traditional businesses are reporting bad news. The latest addition to closures was Father Christmas (XMAS), aka SantaClaus, who sent an application for bankruptcy earlier today, just on the eve of Christmas. According to the papers filed “Santa” has outstanding taxes [...]
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13 October 2008
Variable market news
(GAIA): The world as we know is saved or doomed.
Monday started with careful market rise in Asian (~+10%) and European (~+5%) stock exchanges. According to analysts this means that the investors gained suitable trust for the markets and the World is saved now. According to other analysts the rise is based on empty illusion and [...]