- When life hands you lemons dept.: A UK firm has started selling Credit Crunch candy. Made up of something called Valrhona chocolate and pieces of honeycomb pieces — a bag sells for £3.99/$7/€5. At least until devaluation hits.
- Latvians can now try to offset inflation by betting on it. “Gamblers betting [inflation] will be between 14.4 to 14.9 percent can win 30 percent of their wager on the triobet.com betting portal. Inflation stood at 15.7 percent in August year-on-year, down from a 12-year high point of 17.9 percent in May. High-risk gamblers can more than triple their money, if they bet that inflation will slip below 14.4 percent. In the least likely case of the inflation rate climbing above 14.9 percent, gamblers could score a seven-fold return on their bet, according to triobet.com.” Is there anything similar for the Dow? Pick the Dow for two months from today and win your weigh in shares of Lehman Brothers. I’m in!
- Headline of the day: Fed Buys Commercial Paper, Complimenting its Suite of Imperiled Assets. Oh goody! A matched set! I hope we get a free monogram with that!
- Do you want fries with that economy? McDonald’s More Credit-Worthy Than USA
- “Painter and printmaker Laura Gilbert is passing out signed and numbered prints of the “Zero Dollar,” which looks like a dollar bill except it has zeros in place of ones.”
And how did the purchase of commercial paper praise (compliment) the suite of imperiled assest? Ah, to have been Ted Bernstein of The New York Times.
You’ve never tried Valrhona? The best dark chocolate? (Unless maybe you stick honeycomb in. Yick.)
You need to hit up your local TJ’s.