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Premium / exotic seafood production and export, primarily for Hong Kong/ China market. We generally have more demand than supply, but have noticed a general slow down over the past 3-4 Months. Prices have fallen 10-20%, but we have been lucky with the dramatic fall of the AUD (all sales made in USD) which has off-set the reductions. Given the Australian dollar is generally a 'commodity based unit' - the weaker China becomes, (demand for commodities follows), the lower our dollar goes. At least some humour is rising from this crisis:
A guy rings his broker and tells him "something worse than divorce has happened to me, it's terrible!" The brokers replies "what is worse than divorce?" The client responds: "I have lost half my net worth, and STILL have my wife!".
and another:
"The financial crisis is SO bad, that women have actually started marrying for love again".
Hope that in this PC world I do not offend anyone, hey, my wife even found these funny. I'm just trying to maintain my humour in a very tough world, and reminding myself every day "this will pass".
The Following User Says Thank You to Mark_L For This Useful Post:
Premium / exotic seafood production and export, primarily for Hong Kong/ China market. We generally have more demand than supply, but have noticed a general slow down over the past 3-4 Months. Prices have fallen 10-20%, but we have been lucky with the dramatic fall of the AUD (all sales made in USD) which has off-set the reductions. Given the Australian dollar is generally a 'commodity based unit' - the weaker China becomes, (demand for commodities follows), the lower our dollar goes. At least some humour is rising from this crisis:
A guy rings his broker and tells him "something worse than divorce has happened to me, it's terrible!" The brokers replies "what is worse than divorce?" The client responds: "I have lost half my net worth, and STILL have my wife!".
and another:
"The financial crisis is SO bad, that women have actually started marrying for love again".
Hope that in this PC world I do not offend anyone, hey, my wife even found these funny. I'm just trying to maintain my humour in a very tough world, and reminding myself every day "this will pass".
The version of the joke I heard goes, " my wife and I lost half our net worth but I'm not overly concerned.................it was my wifes' half!
I hope the economy turns around soon and we don't see this thread becoming one of the longest threads on the board.
I'm one of those people who's business has suffered but I try to keep positive thoughts and surround myself with positive people. Positive energy attracts positive energy is what I believe. Personally, I wish I didn't have to see threads like this keep growing. Hope everyone recovers soon.
The Following 2 Users Say Thank You to ezmoney888 For This Useful Post:
EGBOZ (14th February 2009), xraym5 (14th February 2009)
I'm in the health care industry, and it is generally recession proof (we've been at 10 cents on the dollar for quite some time now, LOL).
It's where we put our money that got crushed...
I feel sorry for some of my partners who are retiring in the next couple of years. They got hit hard in their investments.
not all is bad...I finally got a new job !...making 2/3 of my old job, but it beats nothing by a country mile. Besides top ramen was my favorite dish anyways Kids in public school any ways etc...but i will be darned, looks like I can keep my M5
I hope the economy turns around soon and we don't see this thread becoming one of the longest threads on the board.
I'm one of those people who's business has suffered but I try to keep positive thoughts and surround myself with positive people. Positive energy attracts positive energy is what I believe. Personally, I wish I didn't have to see threads like this keep growing. Hope everyone recovers soon.
Agree with the positive energy / positive thinking philosophy. I like the more positive tone lately in this thread; we hear enough doom and gloom everywhere else. And I second the hope for everyone's rapid recovery!
Quote:
Originally Posted by FallbrookM5
not all is bad...I finally got a new job !...making 2/3 of my old job, but it beats nothing by a country mile. Besides top ramen was my favorite dish anyways Kids in public school any ways etc...but i will be darned, looks like I can keep my M5
not all is bad...I finally got a new job !...making 2/3 of my old job, but it beats nothing by a country mile. Besides top ramen was my favorite dish anyways Kids in public school any ways etc...but i will be darned, looks like I can keep my M5
Congrats on the new job! Definitely not an easy thing to do these days. +1 on the ramen!
I am in the software business and things are patchy, some are doing ok and others are not. Unfortunately things will most likely get much worse before they get better. Check out this book "America's Great Depression" excellent analysis on US depression in the 30s. We are repeating the same exact mistakes, we are propping up failed institutions -- take money from the competent and giving it to the incompetent. Whatever happened to the free markets and capitalism? I have absolutely no confidence in anything that the gov is doing. People in charge don't pay taxes yet, they preach that we should ... What happened to us???? Trilions of tax dollars are being spent in a rush under a "fear" pretext... and everyone is silent.
What we have now is the worst kind of socialim where porfits are private and lossed are public.. What kind of f...ed up system is that?????
Unreal...
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AlbertM
The Following 2 Users Say Thank You to AlbertM For This Useful Post:
DRM (15th February 2009), Saabfreak (16th February 2009)
Kids in public school any ways etc...but i will be darned, looks like I can keep my M5
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