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Bubble? Meet The $25 Million Grilled-Cheese Truck
Submitted by Tim Price via Sovereign Man blog,
There are some time-honoured signs of an impending market top.
One of them is that margin debt has peaked.
Another is that interest rates are going through the floor.
Another is that the velocity of money is also going through the floor.
Another is that Goldman Sachs’ Senior US Investment Strategist Abby Joseph Cohen reckons the stock market is relatively cheap, an opinion which she generously gave at a recent Barrons roundtable.
Barrons actually gave us two signs of a market top for the price of one (but then everything’s devalued these days) – their February 6th edition pointed out that the value of fine art sold at auction had quadrupled from $3.9 billion in 2004 to some $16.2 billion in 2014.
Barrons then tastefully offered readers a choice between the conclusions of malign ‘bubble’ and benign ‘boom’.
The problem is that in an environment of ubiquitous government manipulation, markets can trade at whatever levels central bankers want them to trade at, for a period at least.
So we’re not going to be rash enough to call a market top; we’ll merely draw attention to some anecdotal evidence of a certain, how shall we put it, irrational exuberance at work in the US stock market.
We tip our hat to the Wall Street Journal for the recent news that Carmine “Tom” Biscardi is on the hunt for Bigfoot, and is planning an IPO to fund the expedition:
“Mr. Biscardi and his partners hope to raise as much as $3 million by selling stock in Bigfoot Project Investments. They plan to spend the money making movies and selling DVDs, but are also budgeting $113,805 a year for expeditions to find the beast. Among the company’s goals, according to its filings with the Securities and Exchange Commission: “capture the creature known as Bigfoot.”
“Investment advisers caution that this IPO may not be for everyone. For starters, it involves DVDs, a dying technology, said Kathy Boyle, president at Chapin Hill Advisors. Then there is the Sasquatch issue. She reckons only true believers would be interested in such a speculative venture.”
This is a wonderful instance of life imitating art. Note the similarities between the Bigfoot IPO and The Onion’s satirical market scoop from November 1999 (the date is instructive):
“LAKE ERIE—Seeking to capitalize on the recent IPO rage on Wall Street, Lake Erie-based blue-green algae Anabaena announced Tuesday that it will go public next week with its first-ever stock offering.
“Anabaena, a photosynthesizing, nitrogen-fixing algae with 1999 revenues estimated at $0 billion, will offer 200 million shares on the NASDAQ exchange next Wednesday under the stock symbol ALG. The shares are expected to open in the $47-$49 range.”
Markets are allowed their petty indiscretions, of course. But these petty indiscretions seem to be piling up.
Bloomberg last week drew attention to the fact that shares of The Grilled Cheese Truck Inc. had commenced trading on the OTCQX marketplace under the ticker GRLD:
“Let’s look at the fundamentals of the Ft. Lauderdale, Florida-based company. Based on the 18 million shares outstanding and a recent stock price of $6 the company has a market value of about $108 million.
No matter how much you like grilled cheese… I can’t see this as a reasonable valuation.
“If you go to the company’s website, you will learn that ‘The company currently operates and licenses grilled cheese food trucks in the Los Angeles, CA area and Phoenix, AZ and is expanding into additional markets with the goal of becoming the largest operator in the gourmet grilled cheese space.’
“[A]ccording to the company’s financial statements, it has about $1 million of assets and almost $3 million in liabilities. In the third quarter of 2014, it had sales of almost $1 million, on which it had a net loss of more than $900,000.”
“I can’t think of a more interesting sign of the old irrational exuberance in equity markets than a publicly traded grilled cheese truck (four in this case) business trading at a $100-million-plus valuation. That sort of thing doesn’t happen unless there is significant excess in the markets.”
Any reference to a company seeking to dominate the “gourmet grilled cheese space” is desperately seeking a twin reference to a slogan from late 1999 (right before the bubble burst):
“Our business strategy is to lose money on every sale but make up for it in volume.”
Enjoy the party, but dance near the door.
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It's rich, it's cheap. All a matter of one's perspective.
to wit:
A Mathematician, a Biologist and a Physicist are sitting in a street cafe watching people going in and coming out of the house on the other side of the street. First they see two people going into the house. Time passes. After a while they notice three persons coming out of the house.
The Physicist: "The measurement wasn't accurate.".
The Biologist: "They have reproduced".
The Mathematician: "If now exactly one person enters the house then it will be empty again."
I'm more interetsed in the return of my money than the return on my money
-Knukles
Chosenites repeating the Weimar experience. Yet it's anti-Semitic to point out their criminality. Go figure. Where the hell is Hitler when you need him? Under Socialism that freshly printed currency would be enough to start a cheese business, a bread business, a dairy business and a delivery service that could provide grilled cheese sandwiches for every man, woman and child on the planet. For eternity.
yeah, but the grilled cheese truck knows its food chain... blah blah blah
Note to self:
Stock analysts who talk about names and spaces
are never worth a tinker's damn.
I find this mockery of the Grilled Cheese business quite racist actually. This business is most likely serving underprivileged lower-income households, and while you may be able to afford to shop at whole foods, these people can’t, so please, let them enjoy at least something in their lives!!
Today’s article at the Accredited Times highlights some practical steps that progressives have been taking in the fight against poverty, and what we all need to do in order to take this fight to the next level:
http://accredited-times.com/2015/02/09/breaking-the-cycle-of-poverty-2/
Slave food is a growing market.
https://soundcloud.com/captyo/no-agenda-mac-and-cheese-life
Do they accept EBT?
ITM
ITM to you...
Fucking racist indeed. WHERE is the Fried Chicken Truck???
Thier getting some hot competition from the tamale trucks that flood the streets for the construction workers. All cashola too.
Look ma, the Piasani-mobile!
Shriek all you want about the Holohoax, the Chosenites are doing the same thing again, just like they did last time.
You would have thought that the Chosenites would have learned their lessons after six hundred trillion of them were sent to re-education camps.
They're not doing the same thing.....they are doing it better now. You see they have learned from their part experiences.
How about a Cheap Plonk Truck to cater to the mobility disadvantaged Urban Outdoorsman.
Who cares about the stupid truck? The post said something about dancing!
If it's not physical cheese, it's not real
If you don't eat physical cheese, you can't crap it, or something like that.
PS Why do you think they make cheese gold colored?
Check the FRBNY and Ft Knox Cheese Pope Vaults
Are you saying they are all out of Red Leicester?!!
https://www.youtube.com/watch?v=vJhq9eq_eJg
Beware the 'Processed Cheese Food'. It's really Tungsten, with a thin cheese coating.
You are sick and require treatment.
I'm going to IPO the Bob Pisani Truck Company.
Bob is in a truck with the windows blacked out and he has no idea where the truck is heading. It might end up in a gold vault or it might not.
The shares therefore could be worth a fortune. If you're not in with Bob at the ground floor, then you will miss out.
Back up the Truck with the Bob Pisani Truck Company!
Where'd the cheese go?
http://youtu.be/s492PMdIaJs?t=31s
Since pizza hut didn't use it perhaps the grilled cheese truck co. might like it ... perhaps the second version from 32s in
Yes! This thread was pretty funny and this tops it.
A fried chicken truck with mashed potatoes and generally mimicking a KFC menu would ROCK ...
who needs fried chicken when you have....
JAPADOG!
http://www.japadog.com
It's only racist if it comes with watermelon.
Who cut the cheese?
GRLD - The Cheese Mutilator!
It's easy to laugh but who's got the stones to short GRLD? ...yes that's what I thought...
It was the first thing I thought of.
In the third quarter of 2014, it had sales of almost $1 million, on which it had a net loss of more than $900,000.”
Wasting money like gov. bureaucrats, my heroes. I wonder if they accept SNAP?
Yeess, they do;
http://usatoday30.usatoday.com/money/industries/food/story/2011-09-05/Mo...
They got the trucks from Lockheed Martin.
Wise, as Lockheed is, of course, ready to roll out Drone Cheese, hence they move last year's model.
Processed cheese ... mmm ... "handcrafted " ... mmm ... and aged for thirty days over our exhaust pipe ... mmm ... nothing like it !
Titanium trucks with jet engine grillers..
Yellen initiated a government cheese QE, so Goldman Sachs could make a cool billion shorting it.
Poverty sucks!
But it's FREE!
Are you fucking kidding me??
If they add tacos to the menu they will be worth $1 billion...
Grilled cheese tacos?
oh. no. fuzzy fish tacos.
In some parts of the world, those are referred to as quesadillas.
"Are you fucking kidding me??"
I guess your upset, because you didn't think of it first. Here is an idea: The Peanut Butter sandwich truck. Use the specality off cutting to the bread crust from the sandwich. I have no doubt a P&B sandwich business model will top a $2 Billion IPO!
And call it a 'green' company by using the leftover crust to feed endangered birds. That is worth a few hundred mil$ grant from .gov.
Peanut Butter Sandwich entrepreneur: 'We'll be firing the crusts into orbit where their blinding whiteness will deflect harmful solar radiation back into space, allowing our beautiful planet to stay at the correct temperature.'
Obama: 'Sounds reasonable! Let me go get Uncle Sam's checkbook.'
A fleet of Spam Trucks I hear are available on Ebay ... free shipping from Guangzhou!
Say, that reminds me...
'21 Sexy Ways to Eat Spam.. http://www.buzzfeed.com/tanyachen/sexy-ways-to-eat-spam#.fsD6x3bjq'.
how'd you get that kid so darn fast? Me and Dot went in to adopt on account a' somethin' went wrong with my semen, and they said we had to wait five years for a healthy white baby. I said, "Healthy white baby? Five years? What else you got?" Said they got two Koreans and a negra born with his heart on the outside. It's a crazy world.
Someone oughta sell tickets.
Sure, I'd buy one.
"how'd you get that kid so darn fast?"
In the 21st century the phrase is "How'd did that Kid get so darn Fat?"
I need some investors for my "Muffin Top Truck" idea. Cash investors. I'll also, for unrelated reasons, need to be doing business from Brazil, and a local woman to wife up for citizenship.
If unemployed 22 year-old college coed nymphs serve those snacks the business should bloom. Side dishes, extra.
You know, when I think we've reached the nadir in laziness in this country I realize there is still more room for shocking disgust. So placing a piece of cheese on two slices of bread and grilling it in a pan on the stove yourself is the new level of taking personal initiative.
This is what you get when you give everyone a trophy for showing up. Never ending new ways to celebrate mediocrity.
Miffed
Ha ha ha do you think people eat junk food by choice? Those gut wagons cater to construction workers and others who get 15 minutes for coffee break, 1/2 hour for lunch, and there isn't a restaurant in sight.
They specialize in filling the belly, not gourmet delights because that is what their customers need and can afford.
Well, ya kind of described my work break situation and food options. Food choices consists of 711, Starbucks, Carls Junior or a liqueur store who's sole employee has the humor of a proctologist and resembles Mrs Choksondik. Needless to say, I find bringing leftovers from home imminently more preferable. ;-)
Miffed;-)
You hit on a KEY point here. Why in the FU(% are people so aversre to bringing their own food from home to work? Or is it that people no longer even know how to cook for themselves anymore? #Idiocracy
If I had a choice of 7-11, Starbucks, Carl's Junior or a liquor store I wouldn't be buying cheese sandwiches off a truck. They cater to less "upscale" neighborhoods than yours.
I learned to bring my lunch too, and a thermos of coffee. Or at least pick up a Wendy's salad on the way to work.
" They cater to less "upscale" neighborhoods than yours."
Well, not exactly. All the restaurants I mentioned have hired personal security posted outside their doors. The one roach coach gave up after being repeatedly robbed. The homeless camp near by frequently is on fire so I get to listen to non stop sirens and smell smoke due to our crappy ventilation.
Walking out for lunch is an adventure depending which homeless guy is on the route. I've learned to cross the street quickly when Crow man is around. He talks to the crows on the roof waving his hands methodically. They respond to him in an eerie mimicry facing him in rapt attention. I figure he's due for a Son of Sam experience soon.
Miffed
Where the fuck do you live? Baltimore?
These whitebread and kraft singles wannabes best keep far away from Portland, OR, uless they want their asses kicked up Wonderbread Way and down Tillamook Trail.
The foodcarts in Portland will blow that business plan to pieces.
Grilled Cheese Grill
PBJ's Grilled
The trucks have to run on biodiesel or CNG and have solar panels to power the toasters and fridge.
A friend did that in college, delivered peanut butter and jelly sandwiches. "Free delivery"....to the girl's dorms. The dean called him in and told him to stop.
Yeah, I know. "Girl's dorms" places this event in the late 70's.
First time I heard the term "douche bag," I thought of the dean.
It was a no alcohol campus, and it was amazing what you did for fun...usually at the girl's dorm.
If your still reading this, you're bored...so we had a local "grocery store" that was a redneck cutting open boxes of trash food, putting it on shelves at a condemned warehouse and you wrote down the price on the food yourself on the box/ can, then took to the "checkout", where the owner tallied it up in his head...couldn't afford a register and Texas Instruments was just starting to put out cheap calculators.. We called it whorehouse groceries. You don't often see "redneck" and "successful business plan" in the same sentence. This bombed once the students found it and could do math better than the owner.
No, it wasn't Arkansas and it wasn't Sam's/ Walmart 1.0.
One day I tried to pay at "Piggily- Wiggily" (spelling?) with an American Express check, and was told they don't take mexican money. What part of "American" did they not understand? I turned around to see if the guy behind me in line understood AM Ex checks, and he had no nose. I couldn't look at him anywhere but at his nose, and he told me about a shotgun accident. Cue the Deliverance banjo scene.
Had I seen Deliverence first, wouldn't ever set foot in them hills.
Used Am EX checks since credit cards were considered a bad idea for college students, and counterfeit dollars were a problem at times. Dark ages.
I gave you a green arrow simply because your rant was just as funny as the cheesetruck. One day soon, I will whip your ass at shuffleboard. So prepare for that.
those texas instruments calculators weren't cheap
Oh I dunno, I'd rather any idea I have make a, what's that called again.....
Profit?
Don't forget the Kool Aid. Give me the purple stuff.
Dat's why your lips purple. Purple drank, not grape juice.
https://www.youtube.com/watch?v=UayQTu2kH-U
How in the hell can hitlery 4 dick and MDB be allowed in the same discussion, that's like a supernova of dumb assery!
Impoverish them, and then create a bureaucracy
to fix it.
.
I find the glorification of an IPO for a bigfoot hunting operation appallingly speciesist as well. The subhuman treatment of these hirsutely challenged other-than-human citizens is, frankly, shockingly primitive for a 21st century society.
I hope they've set aside some money for lawsuits, because the Yeti Rights groups are going to be all over them.
4stooge - no worries, i read recently that the yetties are going to be allowed to set up some casinos and tax free cigarette establishments across the colder regions of the united states, and the yeti tribe/family is claiming they were also indiginous to warmer regions before being slaughtered, raped, plundered and pushed by various horrible means and for repercussions, will soon be opening casinos etc in the warmer regions.
obama is fully behind this plan, he has called it 'save yet another yeti'. it is rumored michelle may actually have yeti blood, but this hasn't been proven via dna, 'yeti'.
I thought obama's were partial to wookies...
Nah, you is quite wrong there, MDB. Dey be aimin' at de GOURMET grilled cheese space. You don't get no undy-privalij households in de gourmet space, man. Dey can't afford de rent.
The elites like nothin' better than stuffin' they fat faces fulla them gourmet cheese sandwiches bought offa a panel truck with bad artwork on de sides, an' then throwin' they crusts at any passing members of de proletariat.
And tonight's surprise guests on Steve Liesman's Names and Spaces are the phenomenal investors extraordinaire, Ivan Boesky and Bernie Madoff!
...and, as always, sitting at center square is Abby Joseph Cohen.
I have it from a reliable source that Abby will be replacing Brian Williiams.
Note To self:
NOT ALL THINGS YELLOW HAVE REAL VALUE. UNLESS YOU WANT A CHEESEY ROLL OFCOURSE
It's so great to see these new business leaders get the valuation they deserve....they have streamlined food into a VERY profitable endevor...if anything this vlauation is too low. I am excited to see this market expand into many cities nation wide...
DICK: nation wide? You are thinking far too narrowly....
With a little vision, and a couple of good IPO's this Baby could go global. Don't forget ---- Mexicans love Cheese and there are a Billion people in China who are eager to enter the "gourmet grilled cheese space" and can you imagine a truck in Red Square and in front of St Peters in Rome and in front of the that Ark de Triumph in Paris, France!!! This is going to fucking BLOW UP!
I am so enamered with the management team that I wrote a $300k personal check to help fund it...I'm thinking long term...I'll get that back 10 fold in 10 years...I'll also be buying some serious shares...you have to have a great management team and these guys have it!
Nice slogan but I'm going to beat you.
Bozo For President! What's Another Clown in the Whitehouse?
"Let them eat cow secretions." - Yellen
Congeled bovine lactial fluid for all!!
This is the future we were promised, what a time to be alive
If you're being anti semitic in the UK they're going to turn your internet off. Can't have people questioning their masters: http://www.bbc.co.uk/news/uk-31246808
This planet is so overdue for a comet strike.
What do you think happened to Detroit ?
"Beautiful Deleveraging?"
Vibrant Diversity
If there was ever evidence that
the "deli massacre" was a false flag, this
article is it.
To say "kosher deli massacre" is simply not kosher?
The trust - which monitors anti-Semitism in Britain - says this was its highest figure recorded since it began work in 1984.
1984, Orwell would be proud.
Voltaire said, if you want to know who your masters are, find out who you aren't allowed to criticize. Seems to work here.
"Yet it's anti-Semitic to point out their criminality."
Please enlighten us/me and define "Semitic" and "Antisemitic" in its accurate (non-PR) usage.
self enslavement post hits the nail on the head, but downvotes from Hasbara/Mossad trolls who have infiltrated this site
Anyone who suggests Hitler is what we need now deserves all the downvotes he can harvest.
This.
Chosenites...
LOL ! Funniest Rorschach fail I've ever seen!
"Grilled cheese"
"Jew!!"
Jew are not Semitic....it turns out.....so go ahead and let loose! They can no longer whine and scream that at you!
Please seek the immediate attention of an experienced psychiatrist.
Hitler? dude seriously WTF?
"self-enslavement" you are one fucked up motherfucker, take a page out of your hero's notebook, step into that gas shower and shut the door, then permanently shut the fuck up you fucking douche bag inbred fuck Wait, let me guess I remember seeing you in a movie, yeah you were the guy in that 'rockin Char', that despite your inbred appearance and vacant bunny eyes, you seemingly had a savants ability to play the banjo quite well, evidently your parents (sister and brother) must have been great musical geniuses
https://www.youtube.com/watch?v=Uzae_SqbmDE
Although all you have to do is look toward Moscow to see "Hitler" directing the takeover of the Ukraine
Oh yeah I forgot
Fuck you
The PROPAGANDA (force) is strong in this one.
Self-enslavement
Under Socialism that freshly printed currency would be enough for eternity.
Eternity! That is the flaw.
So, your flaw is no better that of the current Chosenite solutions.
Note to self. Get ticker name H-Anger. Invest in me Bitchez, we're gonna clean house soon.
How did Abby not get canned in 2000? How many lost millions because of her shady 'advice'?
Obama: Iran nuke is against their religionhttp://tinyurl.com/kotzjgo
Read her name
Cohen: another shady Irishman.
She looks like a Joseph to me, I'm okay with her name.
From reliable sources: Abby will be replacing Brian Williams.
Thanks for the "dance near the door" reference - I've used that one for 25 years! Two other things - 1. interest rates are no longer going down and 2. the guy (Barry Ritholz) who wrote about the overvaluation on Bloomberg with the grilled cheese thing also wrote today about the u.e rate - read it.
I love that joke Knuks.
Two physicists are in a hot air balloon, and a thick fog rolls in. They cannot see the ground well enough to land, so they stay high enough that they won't hit anything. Eventually, they see a clearing in the fog that, while they cannot land in it, they can come down low enough to talk to the people that they see, so they let some air out, come down and when they are within earshot of the people on the ground, they yell the question "Where are we?" One of the people on the ground says "You're in a balloon!" One physicist says to the other, "Hmm, must be a mathematician." The other one says "How do you know?" "Because," said the first physicist, "his answer was 100% correct and 100% useless."
Thanks. I needed that.
We'll corner the rubber nipple market... we'll make millions ... we'll RULE THE WORLD
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com
Good freaking LORD!! The end truly is near, at least my TVIX position hopes so anyway...
food trucks are the latest fad, and actually you can get some pretty good food from them
They can only get bigger as USA turns into a country full if daylaborers without even a vehicle to drive to get food.
They don't pay any property tax and can hang out in front of prime real estate. Therefore we must destroy them with regs.
Ask apparently McDonalds sales have collapsed in Japan after they started pulling fries.
I'm not sure if they're going to apologize and put the fries back...we'll have to wait on the media relations folks for that one I guess.
I'm a ham sandwich man meself...
Wanna know the real reason McDonalds sales have collapsed over the years? They caved-in to the leftist douchebags trying to destroy them. That's right, they took the original beef tallow formula out of their fries for political correctness and started changing their menu into something "healthy" in order to appease the Rads. I got out of that stock as soon as I saw the TREND.
At the time, PC equaled higher profits. When they did that, all the others followed. I started eating at other places trying to find 'real' fries. They all (big chains) started tasting like they were boiled in water. Hey, wait, there's an idea! Think what they could save on soybean oil! Quick, MCD's, fund a study at Harvard that says boiled fries are better for us. Then, get the Komenized death industry to endorse it, for a kickback of course.
you couldn't pay me to eat at mcdonalds.
OH REALLY???
How about a 10z Perth Mint gold bar?
Would you eat a hot & tasty Big Mac for that??
I'm pretty sure they removed the beef tallow fries formula because they were caught saying it was kosher for many years. I'm not sure how it is about "political correctness" that they would change the food source - I'm pretty sure it was about pressure from a certain group.
IIRC, it was the Vegans who started whining about the fries not being 'vegetarian enough".
Oftentimes in the great USA, litigation leads to all sorts of liberty destruction and new laws.
Personal Injury Attornies? FUCK YEAH!
All the rage near urban universities. Sure beats dorm food.
And the truck above is clean, at least & no flat tires!
NoVa
Trend. It's called Trend Bitchez, bindar dundat. You gotta be a pioneer, too late now, too many regs. Find greener pastures.
Sign of the times:
Food trucks are replacing Starbucks
Actually, they would only be a good deal if Tesla powered...
Hey, the illegals still need jobs. Here's an idea;
http://www.musclecars.faketrix.com/muscle-car-humor-auto-comedy-picture-...
"....Food trucks are replacing Starbucks..."
Will the food trucks give handjobs like Starbucks, just do it curbside?
If so, extra froth for me, thanks.
Is that why Starbucks is so popular?
Does that explain 5 bucks for a cup of freakin' coffee?
I never understood the attraction.
When I worked construction and at auto dealerships in SoCal in the 80's, we called them "Roach Coaches".
They would let you run a tab. Many of my colleagues owed them money constantly.
Yummy.
Wang Chung - Dance Hall Days
http://www.youtube.com/watch?v=V-xpJRwIA-Q (3:58)
How do you lose that much money on grilled cheese sandwiches. F*ck, I could really go for a grilled cheese now. Bigfoot love grilled cheese, I sense a merger in the future.
Correction. Bigfoot will choose a slim jim over a grilled cheese sandwich every time.
Yes I remember the commercial. Who ever said MSM and marketing doesn't work to put BS in our head?
Solyndra blew through 500 million in under a year.
They din't even sell a grilled cheese.
Grilled cheese trucks 100 million? Well I know of a lot of BBQ trailers and trucks that need to go public. Speedi Pig, Oinkers, Just say it's gourmet BBQ.
I've thought about taking my company public for some ridiculous valuation and retiring. I bet I could get 100 million at least.
Damn what a great idea. Going to go make myself one right now.
Yep, just made mine. Extra sharp cheddar. Real butter, on cast iron, and sprinkled with cinammon.
It kills me that people still try to pretend that fundamentals still apply...
The party will end when the central banks decide it will end.. There is little doubt in my mind that the only reason the markets are priced where they are today is because of central banks directly buying them. Equities would no doubt collapse if the BOJ, Citadel, etc (FEDs proxy buyers) weren't propping things up...
I laugh at the local "organic burrito" truck that is roughly twice the price of Chipolte's.
Shake Shack is a sign of the top. A hamburger place that IPO for billion with like 50 restaurants. What is their "first-Mover-advantage" CrinkLE fries...secret sauce...long lines....LOSING MONEY.
amzn definitely moved first on the whole losing money thing, so not that.
"God is a comedian playing to an audience too afraid to laugh."
100 million dollar condos, 300 million dollar Gaugin painting, 3 million dollar Rolls Royces...this proves the dollar is worthless, so it takes mountains of it to buy luxury crap.
Anyone remember when the Italian lira had so many zero's behind it they had to actually REMOVE a few ? It took 1800 lira to get 1$ USD.
Get it? Money is now so worthless...another sign of the impending "moneygeddon".
and lets not forget gold. 850 in 1980 and now 1250. damn
I once had a fortune in cheese but sadly it was lost in a tragic fondue accident.
If you want to be efficient, animal control and food truck all in one. :)
Tha should be good for 10 billion valuation, live like an emperor till the coin is gone.