Is this the end of America’s love affair with the car?

Car ownership numbers peaked in Japan in 1990 and have been trending downwards for twenty years. There is now a worry in auto manufacturing circles that Continue reading

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Boozing through the recession

The current recession has seen some marked changes in consumer behaviour. This has generally been a move towards austerity, so much so that a Continue reading

Is the Champagne bubble about to pop?

Champagne producers have spent hundreds of years ensuring their product is associated intimately with notions of power and luxury. The Madrid Treaty of 1891 protected the brand from usurpers, and lawyers working for the producers have fought a number of legal actions in order to continue Continue reading

Most expensive homes in the world

Soooo, Forbes have just listed the ten most expensive homes for sale IN THE WORLD at the moment. At #1 is the Spelling home in California valued at $150 million. Take a look at the picture Continue reading

The Weekly Revisit

This is just a quick update on a few of our posts from the last week.

Follow up #1: Will a new “American Dream” emerge from the current recession?

First of all, in recession news, the New York Times yesterday carried another story of large amounts of people applying for Continue reading

Will a new “American Dream” emerge from the current recession?

The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, after falling in five of the past six weeks, as employers remain reluctant to hire even with the economy showing signs of recovery.  (MSNBC Oct. 22, 2009)

Consumer spending stayed soft, as jobs remained hard to come by for the nation’s 15 million unemployed … in large part because companies aren’t hiring. (Wall Street Journal Oct. 22, 2009)

Yesterday, Harvard history professor Niall Ferguson predicted the decline of the American Empire. Basing his analysis on the fact that “America today is similar to the Spanish Empire in the 17th century and Britain’s in the 20thcentury”, Ferguson believes that the US is caught in a Continue reading

Nooo, don’t take away my castles!

Reportedly, actor Nicholas Cage is financially up shit creek from a whole lotta gone bad real estate investments. Here’s what he’s selling in order to cover his debts: Continue reading