View allAll Photos Tagged MarketCrash
In Groningen again I had to, of course, visit the Prinsentuin, once one of my favorite spots out of the hum of the City. It's still very early Spring and quite cold, but Tulips are coming into their own. Especially appropriate, I think, in Groningen. One of the few first-hand sources for the so-called Tulipomania of the early seventeenth century is in the great botanical work by Abraham Munting (1626-1683), professor of botany at the Groningen university. He writes that his father Henricus (1583-1658), also the university's botanist, was nearly bankrupted in the late 1630s by investing unwisely in Tulip bulbs before the market broke. See my earlier www.flickr.com/photos/87453322@N00/4555580909/in/photolis....
These Yellow Tulips, though, wouldn't have fetched high prices in those days. Favored flowers were multi-colored and variegated. You might have had to sell your house to own one...
4th Plinth at Trafalgar Square, London. Bronze sculpture by Hans Haacke. On display from 4th March 2015.
Hans Haacke’s Gift Horse depicts a skeletal, riderless horse - a comment on the equestrian statue of William IV originally planned for the plinth (which was never done because of a lack of funds).
It's also a political commentary on the ravages of the stock market post-Banking Crisis and the economic austerity programmes that followed - there's no flesh on these bones.
Tied to the horse’s front leg is an electronic ribbon displaying a live ticker of the London Stock Exchange, completing the link between power, money and history. The horse is derived from an etching by George Stubbs, the famous English painter whose works are represented in the National Gallery at Trafalgar Square. He was also a contemporary of Adam Smith and his invisible hand.
This was the 10th artwork to be displayed on the 4th Plinth.
During these times of falling markets, crashing economy and so called recession, I spotted this phrase on a quarter dollar - "In God we trust".
Yeah right!
Wish all my Indian friends a very happy bright, sparkling, pollution free Diwali and hope Goddess Laxmi showers you with the currency you desire :).
Clicked with my new 100mm macro lense.
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Made it to explore #220, 27th Oct'08
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Nationaal Archief / Spaarnestad Photo, SFA001018144
De beurs van New York in Wall Street na de krach, 1929: schoonmaker veegt met bezem de vloer aan, die vol ligt met verkreukelde en verscheurde kranten en ander papier.
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Wall Street's crises are manifested in the manner of Pompeii and becomes a memorial against overconsumption and avarice.
For the NY Moon. Zack Sultan, Art Director.
Funny how todays photos all seemed to echo events over a 1000 miles away yet right in my backyard.
Dragonfly on Ft. Myers Beach Florida with the blue - gray sky as a backdrop.
2014 jan 25 update: 216.066 = HVU ^ (1/11) x SPY , HVU = 7.98 , SPY = 178.89
2013 dec 22 update: see flic.kr/p/iwHcZZ : SPY x HVU^(1/11) = 16471/75
so HVU = (16471 / (75*SPY) ) ^11
get ready!
CalConfidence : twitter.com/CalConfidence/status/412031245963390976
SPY chart: flic.kr/p/enJ7Cs
For SPY = 183 for a top to come this would present entry around 7.30 to 7.50 / share HVU (tsx) scharts.co/1b6zAP2 , scharts.co/1b6zBTn
If the crash slams SPY all the way down to 80 this could see HVU = $65,592.94 (63,682.47 to 67,560.73) not counting splits along the way (which are likely)
Dr. Greenspan also highlighted the way that government debt crowds out private investment, describing the relationship between high federal spending and domestic savings rates. "The basic issue," he said, "is that we're just not saving enough" -- resulting in lower private investment. Unfortunately, Greenspan concluded, "So long as that phenomenon continues, we're going to get a sluggish economy. We're not going to get the revenues on the tax side which will fund these entitlements."
Asked about stagnant wages and slack in the labor market, Dr. Greenspan identified the problem as "the fact that there's an extraordinarily large amount of marginally low-income workers, which are a function, essentially, of the slowness in economic growth." However, he added, "If we got growth up to 4 percent, that problem would disappear overnight."
This is the grand entrance to what was supposed to be an upscale community in the Tampa suburbs. Cordoba Ranch, with equestrian trails, horse stables, and homes in the $500k to $2M range.
After the real estate market collapsed, the developer went broke and the bank foreclosed on the entire 1049 acre plot before even the first home was built.
Today it still sits as a reminder of what happened. A chained up grand entrance to 1000+ acres of swamp & wild brush, that's gone completely to seed.
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I'm proud to announce that out of 475 entries this photo was selected as a Top Ten Finalist in Creative Loafing's 2011 "Show us your Neighborhood" Photo Contest.
tampa.creativeloafing.com/gyrobase/creative_loafing_s_201...
I didn't take home the prize this time, but it was truly an honor to be nominated among some great images.
The fifth annual Fiscal Summit held on May 14, 2014 in Washington, D.C., sponsored by The Peter G. Peterson Foundation.
Asked about the lasting effect of market bubbles on the overall economy, Dr. Greenspan offered a historical look at major episodes, including the stock market crashes in 1929 and 1987, and the more recent dot-com and housing bubbles. He explained the reason the housing bubble was much more economically damaging than, for example, the bot-com boom and crash, was because the "toxic asset" in that instance was held by a highly leveraged group of people -- making the "contagion" even more dangerous.
When things go bad: The Scene at Lehman Brothers London on Friday
"... Another predictor of bad news I have observed is when the human resources (HR) department stays late ..."
But a lot of Startups don't have HR or departments.
The key indicator here is observing principals and noticing any odd behaviour. The example that comes to mind was a mass-sacking at a Startup I worked at where the "out of character behaviour" of the founder(s) and various hanger-ons ("they all got short skin-head haircuts") the day before mass sackings.
One day it was normal at work, the next day it was a meeting at an off site building where the difference between being sacked and keeping your job was being sent left up the stairs or right to get your termination notice.
The difference being there is a definite "in" loop that had prior knowledge. The leader(s) did not have the balls to address the sacked staff and inform them management stuffed up, hired fast, let go slow and was running out of cash.
next >>>
When things go bad: The Scene at Lehman Brothers London on Friday
"... Another predictor of bad news I have observed is when the human resources (HR) department stays late. ..."
But a lot of Startups don't have HR or departments.
The key indicator here is observing principals and noticing any odd behaviour. The example that comes to mind was a mass-sacking at a Startup I worked at where the "out of character behaviour" of the founder(s) and various hanger-ons ("they all got short skin-head haircuts") the day before mass sackings.
One day it was normal at work, the next day it was a meeting at an off site building where the difference between being sacked and keeping your job was being sent left up the stairs or right to get your termination notice.
next >>>
The one on the left is the old form factor that Target seems to be phasing out. It was the last box left. On the right, we have the NEW version-- slightly taller, yet containing ONE OUNCE LESS for the same price. Sneaky, Target, but I'm on to you.
This explains why they'd been clearancing out all of their house-brand shredded wheats lately!
Before the market crash, developers planned condos on this Evanston, Ill., location. Several years later, this empty lot sits adjacent an existing building undergoing slow renovation.
I usually pick up a paper to/from my way to work each day. Sometimes I pick up two.
With the exception of one, these are the London papers from this week. It has been a complete financial meltdown that is not over yet. The Wall St. Journal had a comment today that "there is no end in sight."
One of my clients no longer exists as a result of this. To watch them disappear on the front pages of the London newspapers is shocking to say the least.
Bank deregulation is a bitch. This will impact you. You may not know it yet, but it will hit you. And it will hurt.