Economy Status Alert

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The H1N1 swine flu pandemic is growing worse at an alarming rate, helped in part by the bad economy. The numbers of hospitalizations for H1N1 and also H1N1 related deaths are increasing from one week to the next, and are soon to exceed the levels reached in June when the first wave of the pandemic was at it's peak.
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With the continuing depression comes the revival of a video format long thought to be ahead of its time. Well it just could be that the time is now right for the emergence of what the press are calling "Betamax Reloaded". This new/old technology could very well revolutionize the way we record and play movies in the near future, and it is all due to market pressure from the global economic crisis.
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The other day I came across a neat idea, that of micro-financing. The cool thing is that it provides for those too poor to borrow through regular channels, such as banks and lending institutions. When the economy is as bad as it is, there are a lot more people who do not qualify for conventional financing, since the banks have tightened up their criteria.
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Outsourcing is all the rage these days, and for some it may seem like a no brainer. You pay someone in India or China a fraction of what it would cost you to do the work here in North America. You keep more of the profits for your company, right? If times are tough, you need a new way to generate more cash flow, and you can't seem to depend on customers actually buying your products or services any more.
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Claiming economic reasons, the government has backed out of treaty negotiations with the Bigfoot, Yeti and Sasquatch tribes that live throughout North America. These negotiations were hoped to resolve centuries old claims over territories claimed by these large hairy creatures.
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The H1N1 vaccine has been harder to produce than expected. Even now, after several delays, only limited quantities are being made available. This means not everyone who wants or needs the vaccine will be able to get it. Governments and health authorities have come up with a priority list to decide who lives and who might die. No surprise that economic factors are used to determine those priorities.
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As the economy continues to free fall, there is a rise in the number of earthquakes around the world. In the Pacific region, also known as the ring of fire, many people are worried over the increased activity, and the potential for a devastating tsunami that could wipe out coastal regions in places like Indonesia. Meanwhile, scientists are baffled at the near perfect statistical correlation between the global economy and tectonic activity.
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Merrill Lynch, which got bought out by Bank of America, gave it's executives $3.6 billion in bonuses, despite suffering unprecedented losses. Government is impotent to do anything but hand out public money in bailout packages, which ends up as bonuses for their executives.
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Until we get unemployment under control, the bad economy is here to stay. Without jobs, there is no consumer spending. Even those remaining folks with jobs are holding onto what they have in anticipation of further layoffs. The flow of money stagnates.
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Ever since governments around the world decided the financial industry was too critical to let fail, major banks have gained an lifeline to keep them afloat. When the economy recovers, it is likely this infusion of money will dry up, and they can't afford to let that happen.
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Just as we are getting some positive reports of the recession easing off, plans for economic recovery may be scuttled as governments scramble to prepare for the coming global pandemic. Equally disturbing are the reports that a strain of the virus known as H1N1-B, has mutated and crossed over to poultry.
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Spooky encounters across the globe are increasing, including things that go "Boo!" in the night and general feelings of uneasiness. Many victims are blaming the state of the bad economy for the rise in hauntings.
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Almost a year after the dramatic plunge into a bad economy and it is still falling. Job losses continue to be the theme-de-jour. But how bad is it? Can anyone tell you what the real picture is like, can anyone predict when it will end? If you have lost your job, we want to hear from you!
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Heat waves, droughts, killer storms and more. All caused by the bad economy, and getting worse. In our underground bunkers in the frozen North, our climatologists and economists are tracking the coming global crisis. Extreme weather events are happening at an alarming rate, and are a direct result of the economic collapse. Worse news is that nobody seems to know how to fix the problem.
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One place that caught me by surprise was my local sushi restaurant. They are struggling due to the bad economy, and trying hard to find enough customers to survive the recession. Many of their customers are out of work and have no money for sushi, while scientists and politicians work to study the impact of the bad economy on the restaurant industry as a whole.
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When times are bad it's an employer's market, so this new tactic on the part of employers (or driven by market pressures) comes as no surprise. It is a good way to weed out all but the truly motivated candidates and saves money at the same time.
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