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Oscar Wilde Says

Thought for the day?

oscar-wilde


The Financial Crisis Explained

This just in from Chris. If you’re wondering why exactly the world has shifted focus from “The War on Terror” to “The Financial Economic Crisis”, then read on to shed some light…

Bar Man

Heidi is the proprietor of a bar in Berlin. In order to increase sales, she decides to allow her loyal customers – most of whom are unemployed alcoholics – to drink now but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans). Word gets around and as a result increasing numbers of customers flood into Heidi’s bar….

Click here to read how Heidi takes advantage of this (resulting in the crisis)


What Did Bernard Madoff Actually Do?

Basically, he told investors to give him their cash and he would invest it with a guarantee of very high returns. As he was a highly respected investor for years and knew all the right people, everyone thought he was some kind of genius…

madoff

Instead of legitimately investing their cash he would take more from someone else as an investment and then give the original investor part of that money back. He kept doing this with more and more people and had extremely high returns and A-list clients…

So more and more people kept giving him more and more money. This particular type of scam is called a Ponzi scheme (click here to find out why). But there’s one problem with it: your choices are to either get caught or disappear with the money as it can never last forever.


Forget $1 Trillion! Try $100 Trillion!

Last week we showed you what one trillion dollars looks like right? and it blew your mind! well this week I’d like to show you what one hundred trillion dollars looks like! Yes, ONE HUNDRED TRILLION


Four Bad Bear Markets

I’m a serious guy during the day when I’m not wearing my Pimp Hat. When I say serious, I use the term loosely, unlike they way I would use it referring to the financial markets. Take a look and see just how deep in shit the markets are:

4bearmarkets

Those colourful zig-zags aren’t the latest fabric patterns fromĀ Louis Vuitton! They just represent the reason a new purse will cost you 2000 bucks!

My advice? BUY GOLD!

How? ASK ME!


Me and One Trillion Dollars

Not even Super-hombre Pablo Escobar on copious amounts of coke could comprehend what a Trillion Dollars would look like.

While you will never see a trillion dollars in person, computers can do the job without breaking a sweat – or worrying about retirement…

one trillion dollars

Measurements were taken of a $10,000 stack of $100 bills (just half an inch thick!) and pretty much multiplied from there using simple geometry. In the trillion dollar shot above, each pallet holds $100 million… and the pallets are double stacked.

As for that red blob on the left? IT SHOULD BE ME!