Tuesday, February 24, 2009

Things to do during the Economic Crisis

1. Be Alarmed


From Reuters:

Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system. "We witnessed the collapse of the financial system," Soros said at a Columbia University dinner. "It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom."His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama. Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain. "I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly.”


And from The Guardian:

Police are preparing for a ‘summer of rage’ as victims of the economic downturn take to the streets to demonstrate against financial institutions, the Guardian has learned.
Britain's most senior police officer with responsibility for public order raised the spectre of a return of the riots of the 1980s, with people who have lost their jobs, homes or savings becoming ‘footsoldiers’ in a wave of potentially violent mass protests.
Superintendent David Hartshorn, who heads the Metropolitan police's public order branch, told the Guardian that middle-class individuals who would never have considered joining demonstrations may now seek to vent their anger through protests this year.
He said that banks, particularly those that still pay large bonuses despite receiving billions in taxpayer money, had become ‘viable targets’. So too had the headquarters of multinational companies and other financial institutions in the City which are being blamed for the financial crisis.”


2. Make yr own refreshing beverage

@ a discounted price and pump minimal and much needed $$$ into our :( economy:


Pirate Latte:

1 shot espresso from sbucks

Lots o milk from DIY bar


Tastes like sweet deception.



3. Check out the art of my super talented neighbors,

who are also illin hotties:




Molly




Tory

4. Spend last few dollars of credit on cheap beer,
probably.


1 comment:

elsa said...

am fan of this format. nice post, ill/beautiful art.