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Friday, November 27, 2009

The cigarette butt economy


Check out these butts---Every cigarette is smoked down to the filter. There is even productivity in smoking, as smokers make do with less!

Which must mean there is productivity even at the volleyball courts!

21 comments :

Anonymous said...

I like how companies that has no ties with the Arabs got sold off like a bad habit this morning... oh well it pays to have some cash laying around!

Anonymous said...

Palmoni is this sell off real or will we all get a bounce back up? I thought everyone knew about dubai and the bubble?

palmoni said...

I think is is one day deal--None of this is new--except the idea that Abu Dhabi would leave its sister out in the cold without their support.

So let the banks get dinged--the action in gold shows this was somewhat orchestrated

The cockroach theory is that if Abu Dhabi is letting Dubai look for a standstill agreement--then there must be more trouble under the surface.

I think it's a one off deal--just another Black Friday sale that you had to get at early!

Anonymous said...

The news was released on Wednesday during trading hours and the market didn't give a crap about it. It was until Thursday that did the media make a big deal about it when everyone was asleep.

This move seemed way too planned... I mean what were the odds that something happened over Thanksgiving?? Give me a break!

Anonymous said...

After all the stimulus and the slow improvement in global economies ... will the major OECD govts let Abu Dhabi play russian roulette and send the economic recovery into a tailspin.

Unlikely. There will be pressure on UAE to get this resolved

Anonymous said...

I bet AIG sold CDS protection for Dubai Holdings...

Anonymous said...

Cig butts burn off while sitting in the sand.

khalid said...

What an a$$!!!
And a blond to boot!
You know us Arab men, always fascinated by Western women, our preferred status symbols ;)

I agree with the anonymous comments here. Of course nothing serious is going to happen. And I AM betting our favorite bailed out companies have made a killing short-selling Dubai debt insurance.

Anonymous said...

have to agree with khalid.

funniest comment of the day!

Anonymous said...

preferred status symbol...OMG too funny..i'm betting with him

palmoni said...

Not a smoker but I believe if the cigarette burns down to the butt in the sand, you'll have some ash you can look at!

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