BuzzFeed
economic fallout
-
Image: Recession Piggy Bank
This could also be called “Recession Entreé,” I guess. But that wouldn't allow kids to share in the economic grief as readily.
-
Fixing the Economy with Ayn Rand
Business Buzz The polarizing philosopher and dating-site-sponsor has all the solutions to your economic woes. Or she is to blame! It depends on whether you believe in Free Trade with a capital FT, courtesy of Alan Greenspan. You could also believe that she is responsible for inflating the egos of all the day traders who got us into this mess, but that's not really a solution. So let's go with Option A.
-
Unemployment Rate Hits 16-Year High
Business Buzz Breaking on Friday morning: December's unemployment rate was announced at 7.2%, a 16-year high. Here are some alerts from top news sources.
-
Real Estate BUIs
Business Buzz The real estate market is so bad that brokers are getting their clients drunk in hope of a BUI (Buy Under the Influence). This has been QVC's business model for years, but I think people are more impressed with an omelette pan than a duplex Co-op when drunk.
-
Link: The End of Wall Street’s Boom
http://www.portfolio.com/news-markets/national-news/portf...
![[link]](http://s3-ak.buzzfed.com/static/images/public/icons/external-link2.png)
Liar's Poker author Michael Lewis weighs in on the financial fallout. Let's just say he hasn't caught the Obama Hope bug.
-
Link: Santa Skimping
http://online.wsj.com/article/SB122625267618311639.html
The latest victim of the economic crisis? Santa. The only good news is that the Amalgamated Order of Real Bearded Santas is both real and on the case.
-
The Layoff List
Business Buzz There have been so many layoff at major companies and start-ups alike in the last few weeks that we’re losing track — help us build a list. I know, I know: Depressing. But knowing is half the battle, right? Add any other layoffs you know of to the list below, and include the date.
-
Image: Melting Economy
A giant ice sculpture reading “Economy” was left to melt in downtown NYC yesterday. The blatant symbolism was timed perfectly to coincide with both the 79th anniversary of Black Tuesday and the latest crappy recession news. Effective, but not nearly as fun as renegade blue-balling.
-
Link: The Economy’s Littlest Victims
http://online.wsj.com/article/SB122523644863577999.html#p...
Kids learn about the downturn the hard way (but with fake money). “I don’t want to open it,” says one kid of his financial statement. “I’d feel, like, sad.” Well put.
-
Link: Idealist
As jobs continue to be cut and Americans are forced to look for work elsewhere, Young Manhattanite suggests professionals look to this site whose mission it is to provide career opportunities in socially beneficial markets. Hey, just because the world around us is crumbling doesn’t mean your plans to save the world should, too.
-
Living With Less
Culture Buzz As the economy continues its death march, it’s time we all started tightening our belts. From eating out less to (gulp) “cheap” Apple laptops ($800!), Americans are making or getting ready to make major lifestyle changes as the stock and credit markets change wildly.
-
Video: Debt Clock Runs Over
The national debt has run too large for the national debt clock, hence the dropped dollar sign. This pretty much symbolizes that the dollar is dead.
