A minor credit-crunch prediction based on personal anecdote: cheques will make a comeback.
Reasoning: the increasing number of birthday / anniversary etc. envelopes arriving at Thunk Towers opened. This isn’t to say that people are sending cash, but we are faced with the dilemma of asking senders what was enclosed with the cards. The usual answer is gift vouchers. Still very stealable.
Archive for December, 2008
Cheques will bounce
Published December 5, 2008 money , personal Leave a CommentTags: credit crunch, money
Just like Charles Frith, I too have discovered an almost morbid fascination for US TV news. The laughably biased Fox News with its cerebrally challenged superstar Bill O’Reilly are essential viewing, as is O’Reilly’s nemesis Stephen Colbert (on the FX channel).
Here’s a wonderful example of Fox getting it sooo wrong when, sometime in 2006/2007, its pundits try their damndest to discredit the views of a financier who predicted the current economic crisis.

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