With all the world's environmental eyes on Bali and not on this blog I have the chance to post on what really matters.
Sometimes, links to the economics arise in the strangest places. Online Bingo Blog win today's award for most obscure link to economics.
As this post represents one of the best ever blog posts I have read I repost it here in full.
These quotes should be enough to whet your appetite. Genius.
"With world stock markets behaving like they are on crack cocaine"
"currency exchanges like they need prozac"
"However, I have an advantage over these suckers that gives me a whole different perspective on how to deal with these things – it’s called online bingo."
Is online bingo a microcosm of economic life? [Online Bingo Blog]
With world stock markets behaving like they are on crack cocaine and currency exchanges like they need prozac, trying to understand what is happening in the economy is becoming more and more of a crap shoot as this year draws to a close.
Every day we hear more and more frightening stories about housing crashes, another Northern rock bank failure and the possibilities we are heading into a recession. So what gives?
The answer to that is I don’t have a clue, which puts me in the same company as such economic titans as Chancellor Darling, the PM, Mr Bernanke over in the US and various other captains of finance. However, I have an advantage over these suckers that gives me a whole different perspective on how to deal with these things – it’s called online bingo.
Stay with me on this…
The key here is mental toughness. People who play online bingo regularly face the nail-biting anxiety of wondering what life will throw up next. With every number a random event, we have trained ourselves to respond quickly and efficiently once the number is known. We are not fazed when the number is not the one we are waiting for. How many people working the markets can say the same thing as they await whatever interest rate cut the Bank of England decides to throw out?
Don’t get me wrong. I’m not saying bingo online is substitute for understanding the complexities of modern economics, but I do believe online bingo games provide more of a chance at having fun than what we see passing for economic news today. And the rewards are often better than mere .25% cut in interest rates.
If things do start to get worse in the so-called real world, be assured Bingo Street is still going to be here to provide online bingo players with an escape from the doom and gloom and a chance that you may walk away a whole lot richer.