Economizing in Troubled Times

(Referring to the current economic depression, and perhaps the downfall of General Motors):

Charlton S. (12:03): “So I just bought stakes in horse and buggy automotive manufacturers, cardboard-box housing suppliers, and Ebay. I figure it’s a ‘value investment’ in the current market.”

Cameron N. (15:10): “Yeah, I’m looking into buying candle makers as well as matchbook manufacturers. I figure more families will be eschewing extravagances such as electricity in favor of more economical ‘melting-wax-and-wick’ home lighting systems. An additional selling point is the small amount of heat created, which could subdue the cold in the chilly North-East.

3 Comments to Economizing in Troubled Times

1. 

   i almost bought the majority share in old navy, then i figured it was too “upscale” for what was coming…
Charlton Smith on October 11th, 2008
2. 

   Value Village and Cuppa Noodles are the engines of the growth economy. Amen.
Cameron Newland on October 11th, 2008
3. 

   GM was a shitty company before this recession, they were hemorrhaging billions. There is no way they’re going to survive this crisis. I now see there is a rumor of a Chrysler merger, I mean unless Cerberus can conjure some hidden magic to make huge future liabilities for pensioners disappear I think the deal is bunk.

   I wouldn’t put a nationalization beyond the current team. So many jobs in areas that sway major political power.
Nick Yanagimachi on October 11th, 2008

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