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 7/10 Very Good --- rss.businessweek.com http://rss.businessweek.com/bw_rss/investinginsights
| Learn how to invest in stocks and bonds, and find quality business investment opportunities. Get the latest investing tips and finance news from leading experts. ... |
Thursday, July 24, 2008 --- 28 days ago http://rss.businessweek.com/~r/bw_rss/investinginsights/~3/343979517/the_next_in
| The Onion reports "Recession-Plagued Nation Demands New Bubble to Invest In": WASHINGTON—A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest. "What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future," said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm. OK, the article is a joke. But seriously what is the next bubble? After tech stocks and housing, can we somehow avoid another speculative bubble, at least for a little while? One thing I love about the Onion is that it's parodies often contain a surprising amount of technical knowledge. The Onion has some suggestions: "Perhaps the new bubble could have something to do with watching movies on cell phones," said investment banker Greg Carlisle of the New York firm Carlisle, Shaloe & Graves. "Or, say, medicine, or shipping. Or clouds." One speculator adds: "Little pieces of paper are the next big thing." ... |
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