Downcline

The Journal of Armchair Economics

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Entries Tagged as 'Commentary'

Lobsters Pinched by the Downcline

May 13th, 2009 · Comments Off · Commentary

In an attempt to deliver bargain seafood to downcline-weary diners, some restaurants have offered lobster at an amazing price. For example, the Long John Silver’s chain’s features “Buttered Lobster Bites” for just $2.99!
In a company press release, a Long John Silver’s spokesman stated, “Our customers tell us they crave the taste of lobster, but they [...]

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How To Prepare For a Bank Run

February 26th, 2009 · No Comments · Commentary

Last week, the FDIC announced its list of troubled U.S. banks was up 47% to 252. So, you may be thinking that it’s time to move your money into the First National Bank of Maxwell House (with branches located conveniently in your sock drawer and under the compost pile in the backyard).
As we are only [...]

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