Results tagged “scroogemcduck”

Back in late February, a 10 percent swoon in China’s equity market touched off a global sell off. Had you NOT listened to us and bought in on the dip, you’d be sitting pretty and swimming in coins like Scrooge McDuck. Yesterday, the Shanghai Composite Index crossed 4000 for the first time ever, a whopping 50 percent higher than where it stood at the end of that dreadful day just two months ago, and on the heels of a 160 percent gain last year. Sorry, we were dead wrong. Now we hear stories of people pawning their homes, cars, children to raise capital for the stock market. Very sensible indeed.

Tips, tips tips -- it’s a word that’s practically flying out of people’s mouths these days. Waitresses at Manifesto ask for it. Receipts from Zentral suggest it. The Westin Brunch includes it without even asking! What gives?

If Shanghaiist had a yuan for every time someone back home asked "So, you have tickets to the Olympics yet?!", we would be rolling in the coinage like Scrooge McDuck. Beijing, Shanghai, it's all the same to them. On Monday, Olympic fever hit another high as the Beijing Olympic committee unveiled the official "pictographs" that will represent each of the events to be held at the 2008 games. In addition to the official "running man" logo that has been plastered all over official and counterfeit souvenirs since the Beijing games were announced, 35 other designs were created with the same idea in mind.

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