The sky is falling

by Katie Bailey on October 3, 2008

Six signs that Chicken Little was right:

1. The words “Darn right” and “Joe Six Pack” were used in a national televised political debate.

2. The TSX, never mind the DOW, took two historic 800-point drops in one week. Jeez Louise.

3. Commodities stocks are taking a dive: That’s pretty much all we got goin’ for us. Crap.

4. The powers-that-be scheduled the Canadian English-language debate on the same night as the most exciting US VP debate possibly ever. Seriously. What were they thinking?

5. Just when you think things are bad here, you see that inflation in Zimbabwe has reached 11 million percent. That bears repeating: 11 million percent. That’s so high, it’s ludicrous — it might as well be a gazillion percent. Just keep printing money, Mugabe! That’ll keep your friends in new cars, cough, I mean keep the economy going.

6. The Somali pirate story: They “accidentally” pirated a ship with $30 million in munitions on board. Jeepers creepers. The best part is imagining their glee at discovering the cargo, elation in demanding a ransom and then their growing apprehension as they look out at the horizon and see US destroyers and Russian warships out on the horizon. Yikes.

PHOTO: Makelessnoise, Flickr Creative Commons

-KB

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