Step 4 will be hitting the hip hop scene any day now:
February 17, 2009
Whatever happened to the row boat?
Don’t drink the trashcan punch
General Ripper accidentally drank fluoridated water:
Hemlock from Tyson Ibele on Vimeo.
Via BoingBoing
Sexist post of the month
It’s part of the monthly quota to offend any of the XX chromosomes reading this:
And Dave Chappelle (warning: language):
Dave Chappelle – Whore’s Uniform – watch more funny videos
Probably not a healthy bull run in the bear market
Look, I’m pretty bullish about the potential for China’s economy to grow in the long-term but the current rally in the local stock market is largely a combination of artificially low interest rates from the Chinese central bank along with a mandate from the Politburo, for banks to lend money to anyone (lower lending standards were implemented in October/November).
Apparently a lot of the loans are simply being recycled back into the stock market.
While that might not inherently be a bad thing, the cheap capital is not being used to start new enterprises or develop expansion plans into the domestic market. You know, modes of genuine wealth creation.
I can’t say that it will ever pop but it certainly shouldn’t be lauded as bonafide decoupling or as an actual “recovery.”
Check out Footnote 15 for other not-so-bueno policies. The link to lending standards should have pointed to this one. More on loans here and here.
Note to self
If I ever do a press conference, do not attempt to drink and speak in Japanese:
That was the finance minister who just resigned due to his apparent inebriation. He says it was medicine. Note to self: do not take medicine that makes you act drunk before going on international TV.
To be fair, if I were a member of the establishment and knew that politically unpopular immigration liberalization was probably one of the only quick-fixes to the dismal GDP numbers… I might drink a bit of sake too. Or maybe he is getting his groove on, for baby making.
Via Cluster Stock