The rumors of a fundamentally strong economy have been greatly exaggerated. The economy status remains at brown alert, indicating that the economy remains substantially screwed up. Even the US White House now claims that the economy still has 'strong' underpinnings. Why is that?
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After all the recent financial meltdown, and the even more embarrassing Ponzi scheme run by Bernard Madoff, the ICANN is now considering a new .crook top level domain. Membership of this prestigious domain will be open to investment banks, politicians, lawyers and certain trades professions.
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In recession hit Britain it seems that the one winner tends to be the local cheap food stores and the markets. For some reason people are giving up on the high end food retailers, such as Marks and Spencers, Waitrose and Fortnum and Masons, especially if they have to drive miles out of town.
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Lots of people have already lost their jobs as a result of the bad economy, and the job market continues to hemorrhage at an increasing rate. It's like jobs are going out of style. So what do you to do earn a living out there during this great depression? Here are some ideas to cash in on the depression, from the people who brought you Barney the purple dinosaur.
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Daylight Saving Time starts this coming weekend, and around the world economists view this event with dread and trepidation.
Said one economist, "This is like winning a concrete life preserver, and you are already on the Titanic."
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You heard it here, we are now offering our own healthcare package, available exclusively to readers of Bad Economy. This package is based around prevention rather than cure, since you do not want to end up in hospital.
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We have learned shocking news that a conspiracy to brainwash millions around the globe has been delayed due to the bad economy. It seems that digital spectrum for HDTV is conveniently similar to human brainwaves, and was part of a plot to use mind control to enslave the human race.
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A big concern these days is how to handle health insurance. The costs of health insurance are increasing, and the numbers of unemployed are also increasing. Hospitals are merging and downsizing to the point that we will not be able to take care of the wounded when disaster strikes.
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Do you know what is going to happen to you personally due to the bad economy? Is your name Bruce? By now you probably will have felt the effects in one way or another. This article looks into ways you can protect yourself from the impact of the recession.
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Have you been wondering what to invest in during the recession? You want some hope of seeing some of your portfolio of hard earned assets survive the economic mess you find yourself in. We all do. That's why our financial correspondents looked at all the stocks and mutual funds to find out what is doing well during these times.
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What would be a good theme song for this bad economy? What music comes to mind when you think about the state of the economic crisis we find ourselves in? Offer your suggestions and win prizes!
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President Obama takes his first foreign trip Thursday, and of course it is to Canada. He will be meeting with Canadian Prime Minister Stephen Harper, to discuss the status of the secret alien bases in the Arctic. Most Canadians think that he will be tackling the explosive issue of protectionism with the leader of United States' largest trade partner, and perhaps brainstorming ideas to fix the bad economy.
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THE Group of Seven finance ministers and central bankers, meeting in Rome yesterday, criticised the protectionist tone of President Barack Obama’s $787 billion stimulus plan. Closer to home, Prime Minister Stephen Harper is concerned over re-opening talks on the softwood lumber trade issue.
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"We are sorry for it. I am especially sorry for what's happened to shareholders" and to all Americans, Morgan Stanley chief executive John Mack told a House panel Wednesday. "Clearly, as an industry, we have accountability and we're taking responsibility. I'll take responsibility for my firm."
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Tue Feb 10 2009 |
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Written by Economists in Hiding
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| | Deep in the underground bunkers in the frozen North, we have been working on super secret radar and satellite imaging to measure how bad the economy is going to be in the coming months. Take it from us, even NORAD does not have this kind of technology. The answer is not good. At first we saw a huge blip, that looked like the perfect storm, with a big letter R (for recession) on it coming our way.
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Illegal immigrants who came to the United States in search of work and a new life, are now leaving in a tidal wave of exodus. With the economy so bad, there is no work left for hard working immigrants, so it is time to go home.
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