Thursday, Mar 27, 2008
Objective evidence of pain in NY
BBC: Job cuts shake Wall Street nerves
The bull’s balls look very shiny indeed
I am sure many folk on the street think all this Banking malarkey is far removed from their little bubble (oops Freudian slip) they live in. We on HPC know that we are all indirectly going to feel the pain of banks mismanaging their businesses. This proves that people on the street are being laid off and business, cafes, shops and street vendors are feeling the pain. 5000 laid of already in Wall Street and this is coming to a financial sector near you!!
Posted by geed @ 04:36 PM (224 views) Add Comment
1 Comment
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1. Daringsneakybeaver said...
Prepare for major Vaseline delivery to Wall Street. As Jim Rogers said, you don't see 29 year old farmers driving Mazeratis, but agriculture is the wealth of the future.