iPod
Index 2008
CommSec
iPod Index Review of World Currencies |
According
to the most recent CommSec iPod index, Australia
is the cheapest place in the world to buy
an iPod (as of October 2008), a reflection
on the recent fall of the Australian dollar
when measured against the U.S. Dollar. The
iPod index is not a direct measurement of
currency exchange rates, but is designed
to provide price comparisons of the same
goods when purchased in different countries
by foreign buyers. The price comparisons
are based on the iPod 8GB nano in the value
of U.S. Dollars.
:::
Read Apple iPod Index Review |
Funny
Business and Finance Terms
David
Bond Funny Financial Terms |
See
the list of funny business and finance terms
explained so that anyone can understand
them. While they are meant to be humorous,
there's also a lot of truth in many of them.
:::
Read the Funny Finance Words |
Review
of the Economist Magazine's Big Mac Index
2008
Big
Mac Index 2008 Review |
The
Economist magazine recently published their
lighthearted look at world currencies with
the 2008 Big Mac Index. World currencies
are measured against the cost of a single
Big Mac from McDonald's fast food restaurants
in each country. Ideally there would be
a wide range of products used to measure
the value of a currency, but that wouldn't
be nearly as interesting as using just a
Big Mac.
:::
Read Big Mac Index |
The
Subprime Aftermath: Lessons Learned
Al
Jacobs How to Deal with the Subprime Loan
Crisis |
Though
not quite as contemptible as an obscene
four-letter word, the term subprime
loan comes close. Those two words
acquired a stigma over the past year as
the real estate market essentially collapsed.
Its the rare financial analyst that
fails to remind us how subprime lending
resulted in nationwide misery. Unfortunately,
after uttering that accusation, many counselors
are remarkably imprecise as to exactly what
constitutes a subprime loan.
:::
Read Subprime Loans Article |
Review
of the Economist's Big Mac Index 2007
Big
Mac Index 2007 Review |
The
Economist magazine released their annual
"Big Mac Index" for 2007. It's
their lighthearted look at a subject that
most people find dry and tasteless. I'm
talking about purchasing-power parity or
PPP, not the Big Macs (which may or may
not be tasteless and dry). They look at
world currencies and how fairly valued they
are compared to the currency of different
countries.
:::
Read Big Mac Index |