Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

15.12.10

WTF is wrong with this country?


Pretty much this:


2.12.10

The "..... Oh Fuck" Chart of the Day.



From Business Insider


Well, the good news is the US does not include food in inflation calculations or else this news would have been really bad.




28.11.10

Got Cash?


Well, now. You know the fancy computer virus Stuxnet that was seemingly developed to target Siemens computer software? Well, supposedly it was only for machines related to developing nuclear weapons.

But Siemens doesn't just make computer hardware and software for that purpose. They make other things.... like ATMs and banking hardware and software.

And Rodney Joffe, senior technologist at Neustar, calls Stuxnet a "precision guided cybermunition" and predicts that criminals will try to use Stuxnet to infect ATMs run by PLCs to steal money from the machines.

And I'm not saying this is what happened in Australia this weekend, but 

A corrupted file in the National Australia Bank's computers on Wednesday jammed its payment system, hitting customers from a range of banks who rely on the NAB to process payments.
  

Yeah, it may not be a virus. But as unstable as the world economy a.k.a. "bankster house of cards" is right now,  it wouldn't take a lot to see some stupidly destructive overreactions on somebody's part.




21.10.10

Savage Austerity


Sounds like a chartered accountancy romance novel.


from SquawkRadio

But alas, nothing so fun or engaging. Instead it's a more financially graphic explanation of how you are about to get screwed from William Buiter Citigroup Inc.’s chief economist. And looks a little more like this.

12.10.10

Need a Job? Odd Jobs: Captain Beefheart

Now that there's no chance in Hell you'll ever get rich....


The Washington Post's: The Millionaire Next Door  wants you to know that millionaires eat like you, dress like you, drive American cars, live in the same kind of house you do.

So, don't feel bad that the billionaires stole all your money, you're living like a millionaire!

except without insurance, dental care or a rainy day fund for you or your kids. But heyyy....    



8.10.10

If and when the US economy starts to show signs of improvement, speculators will drive up the cost of oil/gas, thus negating any improvement in the US economy.


Pardon me while my head explodes.