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Showing posts with label world. Show all posts
Showing posts with label world. Show all posts

Wednesday, December 03, 2008

Understanding the Mortgage Meltdown; What happened and Who's to Blame

People are losing their homes and many more will lose their jobs before the mortgage meltdown works its way through the system.

To paraphrase Alan Greenspan's remarks on March 17th, 2008, “The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War. The crisis will leave many casualties.”

Thursday, November 06, 2008

Expensive thing in the world

Most Expensive Coffee in the World

The most expensive coffee in the world does not hail from Jamaica or Hawaii, but instead from Indonesia.
Kopi Luwak the most expensive coffee in the world does exist, and those who drink the expensive coffee insist that it is made from coffee beans eaten, partly digested and then excreted by the Common palm civet, a weasel-like animal.
“Kopi” the Indonesian word for coffee along with “luwak” is local name of this animal which eats the raw red coffee beans. The civet digests the soft outer part of the coffee cherry, but does not digest the inner beans and excretes them.