Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, October 16, 2008

Going Bananas...!

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Almost everyone knows what is a banana. The scientific name for banana is Musa Acuminata Colla. Family of Musaceae

This is the picture of banana.


Now, what is the matter with banana?? You heard about cartel in drugs, oil and girls but have you heard about cartel on bananas?? You may think that I must be going bananas now!!


Don't believe me... this is what I found in the print editionof Financial Times today.


Excerpt:

EU fines companies in fruit price-fixing cartel

By Nikki Tait in Brussels

Published: October 16 2008 03:00 | Last updated: October 16 2008 03:00

Some of the world's biggest banana companies - including Chiquita Brands and Dole Food - were yesterday found to have rigged import prices into eight European countries, affecting a €2.5bn ($3.4bn) market.

Fines totalling €60.3m have been levied as a result.


... read more click here


Wow... they are talking in billions.. and this is Euros.. and Zimbabwe dollars..


Observation:

Since someone is sticking his/her neck out to rig the price of banana... it indicates that there must be good money in the bananas.... to be made!


Suggestion:

Let's grow bananas


Moral of another story:

If someone tells you to eat a banana ( 吃 蕉 ) ... that person is wishing you well..!!


Conclusion:

You can have my banana!


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Wednesday, October 15, 2008

...eggs in a basket.

Most probably you have heard this "do not put all you eggs in one basket". No prize for guessing what this means.

If you really don't know... click here


Today, let us look at life from a different perspective. Let's assume that the basket will be the world we live in, and the eggs representing different countries.

Now everyone knows that the world is facing a very difficult time... and this is similar to dropping the basket, with all the eggs in it.

How high? Well as the BIG brothers have started to bail out certain entities, we can assume that the baskets is dropped from a very high place.


What will happen to the eggs?



Most probably, all the eggs will be broken.


Now, we have someone in Malaysia whom is saying that we are somehow 'protected' from the drop or economic hits.


I sincerely hopes that he woke up now and start to live in the real world.

Stop dreaming!


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