Tuesday, July 17, 2007

International Moment

BTW
How good is the exchange rate at the moment?!?!!

No longer do I have to double the price of something to see if I can afford the postage! A $32 shirt cost $36. OMG.

I don't believe in commercialism, consumption, this wastage of our natural resources on petty entertainments.
That's the official line - but I'm a woman - I have needs, okay?!
At the moment, I *need* Macbeth as directed by Polanski. I just do.
I *need* to go on the Christmas Browncoat cruise and I don't know why.

Let's not go into this, but nearly 90 cents to the dollar, c'mon!

Hey... that gets me thinking. China. Big country, right? America - big debt - largely to China as far as I can make out (this is hazy, they don't seem to like to admit where all this money is owed). How long do you reckon until the global economy really starts to tilt away from America? Loads of little countries (think those teeny ones in Africa) just go to China for aid now. China gives it too - for a cut. Of land, or jobs. Mercenary. Effective.
Maybe the next Roman empire will manifest in my lifetime, and it will be Chinese.

So very many people have been there before me on this one, it's only a surprise that I bothered.

Last question - Cantonese or Mandarin lessons?

3 comments:

Anonymous said...

It's all very well for those who don't have large amounts of cash in USD and euro.

J9 said...

Perhaps you should consider a balcony garden based on permaculture principles? Come summer, availablity of tomatoes are going to make the banana shortage of last year look like a glut.

Yes, I'm exagerating, but all our money is invisible now and so separated from intrinsic value. It has been so long since the first world experienced inflation that we think we're immune, but we are not immune, and we are not even that well protected.
Case in point - even beautifully diversified holdings such as yours my delicious Sunsmoke are vulnerable (value -wise) to just a shift of about 2-5% (which is what this currency adjustment has been). Yet of course it is better to have them than to not.
Although at the moment, I am considering investing in skills and health aboth stocks and shares.
That's just me.

Sunsmoke said...

Oh man, I'm too green for my own good when it comes to my balcony. Am wracked with guilt because my lemon/lime tree (named Skitzo) is dying because I failed to spray it with pest oil often enough. I KNOW you have to spray lemon trees, but I HATE spraying on principle and poor little Skitzo is suffering for my principles. Half Skitzo's leaves have fallen off. I'm a bad Skitzo mummy.