I received an email promoting a seminar. The seminar promises something fantastic – it promises that you can actually attract wealth. It further promises that the seminar was able to produce the most number of millionaires in less than 21 days. Amazing? Not really, it’s garbage. We are plagued by so many of these quick-rich, … Continue reading Attracting wealth and all that garbage, part 1
Nose bleed alert! ———- As of 8.24.2009 1. Philippine rates kept steady As expected the Philippine central bank kept overnight rates unchanged at its policy meeting Thursday. COMMENT: This halts the easing cycle that has caused a 200 basis points cut since December. The CB is expected to keep a wait and see attitude regarding … Continue reading Economy update, 8.24.2009
Ever heard the term ‘Burgernomics’? Believe it or not, there’s actually such a term and it’s widely used by economists/investors. The publication The Economist actually publishes an index that makes reference to the Big Mac PPP. Err, the Big Mac what? PPP is short for Purchase Power Parity. PPP is a theory that states that … Continue reading Burgernomics
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