“Unsold” Cars and Fun With Stock Screens

... wouldn't mind finding this at a country auction...

Gloom-and-doom sentiment abounds on the internet. You can stumble across it with not even a diligent search.  A click here and there, and eventual perambulations resulted in a look-see at this alarming article from ZeroHedge: Where the World's Unsold Cars Go To Die Lots and lots of photos, mostly of staging areas at ports around the world, including Baltimore USA and Civitavecchia in Italy, some taken through Google Earth, some from regular stock photos. The basic premise of the "article"[1] is that since there are untold thousands (hundreds, even!) of parked cars in these areas, that new cars aren't selling well or fast enough.  *NO ONE* is buying new cars.  New cars are beyond the reach of the SHRINKING middle class.  … [Read more...]

Urban Open Spaces – The World’s Best Cities for Parks

Barcelona

  Perhaps your favourite thing about a city break is the architecture and landmarks, or perhaps the shopping and the restaurants. Whatever you enjoy most about vacations in the city, at some stage you’ll no doubt visit the local green space, especially when the weather is good. Our list of the world’s best urban parks includes four iconic cities, so why not take advantage of cheap flights this year and head off to explore? The Big Apple Central Park is one of the most famous parks in the world, and for good reason. Head there for a picnic, a stroll round the botanical gardens, a trip to the zoo or to catch a concert. This sprawling green space is surrounded by the city’s iconic skyscrapers, and is a tranquil oasis away from … [Read more...]

Make Tons of Money! Invest in the Higher Cost of Food! Do it Now!

higher cost of food

Food prices must be going up, at least according to headlines. The 101Centavos Gmail inbox runneth over Google's news alerts set to the "rising food prices" keywords. What used to be maybe a weekly update, and mostly concerned with onion prices in India and Pakistan (onions must be a big deal there), now it's a daily ping. For example, from an American newspaper of record, the Wall Street Journal: Rising Food Prices May Cause Consumer Indigestion From the BBC:  Affordable healthy diet 'too expensive for many' And forget about fast food:  Chipotle's price hike may mean pricier burritos for steak lovers Sure, grocery prices at the market are going up and up, with the root causes being both varied and predictable.  From … [Read more...]