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Author Topic: how the other half crunches  (Read 5589 times)
Mary Chambers
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« Reply #345 on: 18:48:30, 12-10-2008 »

Diamond-encrusted earphone covers - what financial crisis?

By Duncan Geere Tech Digest - Friday, October 10 04:12 pm

I suppose there are two schools of thought with regards to the current whirlwind around the stock markets. One group of people will save every penny they have, so that they're sure of being able to afford to eat in a year's time still.

Another group, however, thinks "sod it, I might not have any money left tomorrow, I better spend it all today just in case", and buys these... hideous... things. They're diamond-encrusted headphone covers. You have to provide your own headphones!

Depending on how much you have invested in Iceland, you can either plump for the US$60,000 coloured diamonds (yellow, pink or black), a US$4,500 set with white or black diamonds, or even just a set covered with the ever-popular Swarovski crystals, for "just" US$110. That's Christmas for your mad aunt sorted.

Related posts: Swarovski Mickey Mouse MP3 player ramps up the tack factor | Gresso White Diamond mobiles - 'bling' doesn't even come close.



I may be someone's mad aunt, but I hope I don't get any of those for Christmas.
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Milly Jones
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« Reply #346 on: 19:08:12, 12-10-2008 »

Quote
I may be someone's mad aunt, but I hope I don't get any of those for Christmas.

Darn it!  I'll have to think again.  I thought the headphone covers would accessorise well with the red pyjamas.  Sad
 
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We pass this way but once.  This is not a rehearsal!
HtoHe
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« Reply #347 on: 19:47:47, 12-10-2008 »

Quote
I may be someone's mad aunt, but I hope I don't get any of those for Christmas.

Darn it!  I'll have to think again.  I thought the headphone covers would accessorise well with the red pyjamas.  Sad
 


Do you think I could interest you in a pair of zircon-encrusted tweezers?

On a serious note, I suggested earlier that saving every penny "so that they're sure of being able to afford to eat in a year's time still" is probably a very bad idea.  Buying non-perishable food while your money is still worth something is surely a far better hedge against future hunger. 
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Milly Jones
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« Reply #348 on: 20:25:21, 12-10-2008 »

Hmm.  Should we be stock-piling tins, powdered milk and stuff do you think? 
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Mary Chambers
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« Reply #349 on: 20:27:23, 12-10-2008 »

I wish I'd spent more and saved/invested less now. There may still be time.

All those tins of beans and sardines are going to be very boring.
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HtoHe
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« Reply #350 on: 20:59:19, 12-10-2008 »

Hmm.  Should we be stock-piling tins, powdered milk and stuff do you think? 

'Should' is a bit prescriptive, Milly; but on the specific question of how to protect you and yours from hunger, I'd say it's a cast-iron certainty that stockpiling food will be more effective than stockpiling money.  At last the pundits are getting round to saying what I've been saying for years  - and even mentioned on this board a few weeks ago:  attempting to save the financial institutions might simply result in the currency going the same way as the banks.  It won't matter whether or not you have access to your money because it won't buy anything.....

I wish I'd spent more and saved/invested less now. There may still be time.

All those tins of beans and sardines are going to be very boring.

....and this process is already well under way for those of us with savings.  As Mary observes, the time to spend it was long ago.  To be honest, I'm really not taken with the offerings of consumer society - well not retail consumer society anyway: I spend a fair bit on travel & live entertainment but I often trawl the shops armed with a fully-loaded debit card and come back with nothing because I really can't see anything I can be bothered with.  If I'm honest, that - and not any personal virtue - is probably why I have savings in the first place.  And, of course, it's a luxury to be so spoilt for choice when one thinks of those in real poverty. 

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Milly Jones
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« Reply #351 on: 21:16:47, 12-10-2008 »

Storage is the biggest problem with stockpiling food.  How many people have enough spare space to start stocking up to any useful degree?  Oh and don't forget to have a couple of manual can openers in case the electricity goes off.  You'd be really peed off wouldn't you if you had loads of tinned food and nothing to open it with.
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We pass this way but once.  This is not a rehearsal!
Andy D
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« Reply #352 on: 21:19:01, 12-10-2008 »

To be honest, I'm really not taken with the offerings of consumer society - well not retail consumer society anyway

Me neither. I have a weakness for computer, audio and photographic gear but otherwise I'm not interested. My cooker and fridge both date from 1973 and my washing machine from about 1982. But my vacuum cleaner beats all of those, it used to belong to my grandmother! Looking round the furniture in my computer room, the table I'm sitting at now cost me £10 from a library at Birmingham Uni but everything else was given to me.
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Bryn
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« Reply #353 on: 21:22:30, 12-10-2008 »

Quote
All those tins of beans and sardines are going to be very boring.

Well, the lid of a can of mackerel in hot chile sauce came in handy this morning. I've been having a few problems with the car's battery for the past few months. The clamp for the positive terminal would not tighten quite enough to grip for more than a week or so. In a fit of depravity yesterday evening I bought a can of said mackerel (half price offer) in Morrisons, and scoffed it when I got home. As I peeled off the lid it struck me that with the lacquer burned off and the lid scrubbed down to bare aluminium using steel wool, I would have some fine conductive shim to encircle the battery terminal with. Just the job!
« Last Edit: 21:36:51, 12-10-2008 by Bryn » Logged
Andy D
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« Reply #354 on: 21:31:24, 12-10-2008 »

Well, the lid of a can of mackerel in hot chile sauce came in handy this morning. I've been having a few problems with the car's battery far the past few moths.

Grin
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Bryn
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« Reply #355 on: 21:35:41, 12-10-2008 »

... the table I'm sitting at now cost me £10 from a library at Birmingham Uni but everything else was given to me.

I can beat that. The 1.2M long x 0.6M wide x 0.7 M high beech study desk I am currently working at came from a skip at Middlesex Poly, back in 1988. Repairing it took me about 10 minutes.
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Andy D
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« Reply #356 on: 21:52:09, 12-10-2008 »

From Robert Peston's blog (BBC business editor):

I've also been musing on the historic significance of tonight's events, and I think it can perhaps be seen as the death of Thatcherism, or at least of an important strand of the dominant ideology of the 1980s and 1990s.

It was Margaret Thatcher who in a series of bold reforms from 1979 onwards gave the City the freedom to trade in everything and anything.

She removed restrictive practices, she encouraged the free flow of capital to and from anywhere in the world, she created the notion of the City as the Great British Success.

For the liberalisation of the City to end with a quartet of our biggest and proudest banks being forced to put out the begging bowl to Government, well that is a moment in ecnomic history - which may well, ultimately, be as significant as the nationalisations of the 1940s and the privatisations of the 1980s.


If Thatcher isn't actually dead yet, can we help her on her way?

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martle
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« Reply #357 on: 21:57:40, 12-10-2008 »

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Green. Always green.
martle
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« Reply #358 on: 22:06:38, 12-10-2008 »

Well, the lid of a can of mackerel in hot chile sauce came in handy this morning... In a fit of depravity yesterday evening I bought a can of said mackerel (half price offer) in Morrisons, and scoffed it when I got home.

Another scene of fat cat depravity. You'll be amongst the first to go, Bryn. Your day of reckoning is coming.
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Green. Always green.
Antheil
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« Reply #359 on: 22:07:08, 12-10-2008 »

Quote
All those tins of beans and sardines are going to be very boring.

Well, the lid of a can of mackerel in hot chile sauce came in handy this morning. I've been having a few problems with the car's battery for the past few months. The clamp for the positive terminal would not tighten quite enough to grip for more than a week or so. In a fit of depravity yesterday evening I bought a can of said mackerel (half price offer) in Morrisons, and scoffed it when I got home. As I peeled off the lid it struck me that with the lacquer burned off and the lid scrubbed down to bare aluminium using steel wool, I would have some fine conductive shim to encircle the battery terminal with. Just the job!

It is a post such as that above which leaves me reeling as to how little I know about combustion engines and man's ingenuity with a can of half price mackerel.
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Reality, sa molesworth 2, is so sordid it makes me shudder
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