Monday, April 21, 2008

Monday's Money Funny

One of the regular features on my blog is "Monday's Money Funny" which are humorous (at least to me) articles/jokes/just about anything that I've discovered over the weekend when I catch up on all my on line reading that spark a need for knowledge. For example the previous Monday Money Funny was about Cell Phones.

This week's Monday Money Funny is from The Onion, a satirical news letter. The article is a poetic satire about the Asian Market Down turn.

Here's the highlights from the article, check out The Onion for the full article:

TOKYO, HONG KONG, SEOUL—Asian stocks closed one of the worst and most mournfully reflective months on record last week, with the falling American dollar negatively impacting trade volume and causing the markets to drift, like the faded cherry petals of spring blossoms, downward towards the shadowed sea of burgeoning recession, Eastern market analysts warned Monday.

"Our worst monthly drop; rate cuts make investors flee—to commodities," Nikkei Index vice commissioner Fukako Mishima said, claiming job creation by Mitsubishi, Kawasaki Heavy Industries, and Sony failed to provide confidence in a market already as skittish as the aging husband of a teenage bride, forcing investors to shore up cash reserves with orders of durable goods and agricultural products. "Fading dollar's gleam, a feeble warning beacon: Seek bellies of pork."

Currency devaluation reflects silently on still and glassy water.

As with all Monday's Money Funnies this article promoted me to research. So here's some guides to coping with Market Down Turns, be it the Asian Market or the current American Housing Market.

The Market Oracle posted this guide of What to do Now shortly after the Asian Market. Also there's an older article but still good advice at rediff News called How to cope with Market Volatility.

Stay tuned for next week's Monday's Money Funny. If you run across any Money Funnies please email them to me at and if I use them I will give you credit and link to your blog.

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