I was not going to harp again on silly headlines (at least for a while), but when I saw today's front page of ST's Life! section, there was one such, prominently on display at the top right hand corner:
Bollywood bombshell... Two Indian beauties probed for tax evasion.
Moving on, two acronyms have become well known in the global economic parlance. One is BRIC, which stands for Brazil, Russia, India and China. Led by China as the preeminent powerhouse, these four countries are poised to be major economic powers. BRIC is clearly laudatory.
Not so is the second acronym PIGS, which is pejorative. It originally comprised the economically laggard and/or financially strapped Portugal, Italy, Greenland and Spain. But Italy has not done too badly these days. In its place, however, are Ireland and Iceland. So, PIGS may have just been fattened to become PIIGS.
Anyway, the worst of the 2007/2008 global financial and economic crises seemed to have passed. Around that time, my friend Kim Ann had emailed me the funny item below, which he said was going around the Net then:
Uncertainty In Japan Following the problems in the sub-prime lending market in America and the run
on Northern Rock in the UK, uncertainty has now hit Japan. In the last 7 days
Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank announced
plans to cut some of its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will likely
go for a song while today trading of shares in Kamikaze Bank were suspended
after they nose-dived.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is
reported to have taken a hit, but they remain in the black. Furthermore, 500
staff at Karate Bank got the chop and analysts report that there is something
fishy going on at Sushi Bank where it is feared that staff may get a raw deal.
Update - I just heard that the Bank of Iceland has had its assets frozen.
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