http://www.dianaswednesday.com/2008/07/wednesday-night-1375-the-report/ Where the world comes together Fri, 21 Nov 2008 10:43:11 +0000 http://wordpress.org/?v=2.2.2 http://www.dianaswednesday.com/2008/07/wednesday-night-1375-the-report/#comment-3287 Diana Thébaud Nicholson Sat, 19 Jul 2008 01:07:34 +0000 http://www.dianaswednesday.com/2008/07/wednesday-night-1375-the-report/#comment-3287 <strong><a href="http://www.csmonitor.com/2008/0718/p07s02-wome.html" rel="nofollow">Persian Gulf nations suffer from high energy costs, inflation</a></strong> Inflation and soaring energy costs are undermining the exuberance that until recently characterized new flagship Persian Gulf cities such as Dubai. Five of six Gulf Cooperation Council nations -- Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates -- <strong>peg their currencies to the U.S. dollar, a fact that is causing inflation to soar</strong>. Whereas rising oil prices made these nations prosperous, the continuing rise in energy costs is exacerbating inflation. The Christian Science Monitor (7/18) Persian Gulf nations suffer from high energy costs, inflation
Inflation and soaring energy costs are undermining the exuberance that until recently characterized new flagship Persian Gulf cities such as Dubai. Five of six Gulf Cooperation Council nations — Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates — peg their currencies to the U.S. dollar, a fact that is causing inflation to soar. Whereas rising oil prices made these nations prosperous, the continuing rise in energy costs is exacerbating inflation. The Christian Science Monitor (7/18)

]]> http://www.dianaswednesday.com/2008/07/wednesday-night-1375-the-report/#comment-3288 The Princess Wed, 16 Jul 2008 16:40:28 +0000 http://www.dianaswednesday.com/2008/07/wednesday-night-1375-the-report/#comment-3288 <strong>There are awesome opportunities for those who 'look outside the box'.</strong> [It is] Time some of the economists and planners start looking forward, with a different more positive view to everything. There are new companies emerging in the US who are looking at financing homeowners in new and more creative methods than traditional credit scoring, which, for anyone who doesn't have a regular job, is disastrous. Many people have NO SALARY.....we can go for months with no income then earn more in one month than most people on a salary earn in a year. FINALLY, someone is coming up with a methodology to evaluate people's ability to pay their bills based upon their past history......not a 'credit scoring' methodology, which is out-dated in the current economy. Furthermore, many companies have changed their payment schedules from weekly to every 15 days, to every 30 days, and now to 45 days.......so the old credit system is out of it again. This is an incredible opportunity for investors in emerging markets, there is still a lot of room for huge gains, as well as real-estate speculators in the US - people who snapped up property in the US after the Savings & Loan fiasco are absolutely laughing..... Do we not learn? Time for us all to tell the nay-sayers to look beyond the borders, to a new world economy, to see the incredible growth of ebay, and other technology companies that have changed the way we do business. For example, Apple, with a BILLION music downloads at $1.00 per download. The old model of a record or CD in a record store has evolved...likewise the purchase of movies. Are any of these 'experts' taking this new model into account? Have they looked again at Apple with the iPhone which is flying off the shelves? if you had invested in Apple, you would be a multi-millionaire...... There are awesome opportunities for those who ‘look outside the box’.
[It is] Time some of the economists and planners start looking forward, with a different more positive view to everything.
There are new companies emerging in the US who are looking at financing homeowners in new and more creative methods than traditional credit scoring, which, for anyone who doesn’t have a regular job, is disastrous. Many people have NO SALARY…..we can go for months with no income then earn more in one month than most people on a salary earn in a year.
FINALLY, someone is coming up with a methodology to evaluate people’s ability to pay their bills based upon their past history……not a ‘credit scoring’ methodology, which is out-dated in the current economy. Furthermore, many companies have changed their payment schedules from weekly to every 15 days, to every 30 days, and now to 45 days…….so the old credit system is out of it again.
This is an incredible opportunity for investors in emerging markets, there is still a lot of room for huge gains, as well as real-estate speculators in the US - people who snapped up property in the US after the Savings & Loan fiasco are absolutely laughing…..
Do we not learn?
Time for us all to tell the nay-sayers to look beyond the borders, to a new world economy, to see the incredible growth of ebay, and other technology companies that have changed the way we do business. For example, Apple, with a BILLION music downloads at $1.00 per download. The old model of a record or CD in a record store has evolved…likewise
the purchase of movies.
Are any of these ‘experts’ taking this new model into account? Have they looked again at Apple with the iPhone which is flying off the shelves? if you had invested in Apple, you would be a multi-millionaire……

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