The Global Economy

Third world niche product: Camel’s Milk

July 30, 2006
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Send this article to Twitter!The United Nations says that camel milk production will soon balloon into a $10 billion dollar industry. Huh? A Kenyan company in Nanyuki, Vital Camel Milk is producing this milk and hopes to export it to the west soon (the company is owned by a mzungu…go figure) Anyway, researchers are...
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It’s all about money, until you have it. Then it was never about money at all.

July 26, 2006
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Send this article to Twitter!Question: How does the CEO of a company that hasn’t made a profit since the year 2000, end up cashing out $170 million dollars in cash? Answer: By Back dating stock options. Why do I keep talking about this? Because I’ve noticed alot of Kenyans going gaga over all the...
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G.M. (General Motors) Reports a $3.1 Billion Dollar Loss

July 26, 2006
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Send this article to Twitter!According to news reports: “General Motors said today that it lost $3.1 billion overall during the second quarter. It made money from operations, but took a raft of accounting charges in the quarter related to employee buyouts and the sale of its financing arm, resulting in the big net loss”....
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The Global Economy & Job “security”

July 24, 2006
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Send this article to Twitter!I was talking to a friend this weekened and he/she mentioned that they were unhappy with their present job and wanted to get into an entirely different career. The mode of thinking was that he/she was going to explore professions that guaranteed “lifetime” employment or professions where you’d always be...
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Me no Likey Workey….

July 13, 2006
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Send this article to Twitter!The cable television channel Showtime had an excellent documentary on last night about a homeless guy living in Los Angeles. What was fascinating about this documentary, is that the film makers decided to give this homeless man $100,000 dollars in cash. Then, they followed him around and filmed him. They...
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Real Estate Bust

June 25, 2006
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Send this article to Twitter!There was a time when every aspiring entrepreneur was getting into the real estate business. You know…buy a house, fix it up and flip it for a handsome profit. Well, well, well…times have changed. Interest rates are going up and condo sales are flattening. CNBC just had a report that...
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How To Get out of the nine to five rat race

June 13, 2006
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Send this article to Twitter!How many people sit in their confined cubicles at work dreaming about the day they can tell their boss: I QUIT, I QUIT, I QUIT…..but they can’t because they have a mortgage that is due next month, a car payment is coming up, student loan deferrements are ending, gas has...
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Murder in Kinshasa: Who Killed Kabila?