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        20071105   

It's all about the.. uhh.. whatever is on a €500 note.
Michael considered fate at 10:41   |   Permalink   |   Post a Comment

i dare say that jay z's subconscious message was more about the black market economy than the economy per se. 500 euro bills are the new black market currency of choice, over 100 USD. right now the $100 bill is the number one currency in the black market (something like three quarters of all $100 bills circulate outside the US, the bulk of which is related to illegal activity). the 500 euro bill is the replacement...solid currency, five times less weight, more portable, easy to hide. i heard a rumor portugal has banned the 500 euro bill for this reason, but can't seem to corroborate this on the internet. 

so i clicked on the wrong leave a comment box...give a guy a break. i'm reeling because of the huge amounts of money the stupid loonie is losing for me. 

Isn't your money in Yen at the moment?? 
Far from what you would call a "standard economic indicator", Jay-Z's latest video has, perhaps unconsciously, made a social comment on economic mindshare. At least that is what this piece argues:
.. it wasn’t sex, drugs, violence or explicit language that shocked my conscience.

It was the Euros.

The Jay-Z video flashed large stacks of $500 Euros.

When I start seeing rap stars flashing euros instead of U.S. dollars, I know our economy is in trouble.
I don't even know where MTV is on my dial* so I can't say I've seen the video myself but it does make one stop and think. At what point will we see the first giant gold € hanging around an American rapper's neck, accessorizing his precious metal teeth?

But that isn't it, the world's highest paid supermodel isn't too keen on our greenbacks, either:
[Gisele Bündchen] has reportedly reacted in her own way to the sliding value of the US dollar - by refusing to be paid in the currency.


* - my, isn't dial an antiquated word? How long before a teenager turns to you and asks you what the hell you're talking about, you old coot - tvs have remotes! What's a dial?!?


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