Word: dollarization
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...DOLLAR CHEST by Jimmie Martin Money talks, but should it shout all over French antiques? Design duo Jimmie Martin (they're Swedes living in London) paint venerable items in gold and silver leaf and graffiti them with if-you've-got-it-flaunt-it slogans and symbols. Fashion designer Paul Smith says new-Brit design twists the classics; here, it positively makes them reel. www.jimmiemartin.co.uk
...Strauss’ civic-mindedness extended to his criticism of what he saw as Harvard’s “money culture.” He decried tuition hikes at universities and the multimillion-dollar salaries of Harvard’s endowment managers, writing four op-eds on the topic in The Crimson over the past four years...
...might think the highest-rated Oscar telecasts are in years when there's a close contest in the major categories, as with Crash and Brokeback Mountain in 2006. Uh-uh. It's the runaway years, when billion-dollar blockbusters like Titanic and The Lord of the Rings: The Return of the King get what is essentially People's Choice awards. Moviegoers who are TV viewers don't want horse races; they want coronations--validation that Hollywood is ready to honor the movies they love...
...WEAK DOLLAR...
...high purchasing power, 100 million well on the road to that level of consumption, 100 to 150 million who have just started that journey, and the rest who are at the "bottom of the pyramid" or BOP, in Bijapurkar's shorthand. However, though its members earn less than a dollar a day, the BOP also forms a significant consumer base, says Bijapurkar, and businesses like microfinance have successfully tapped this segment. Indeed, Bijapurkar says, the vast majority of Indian consumers may have limitations but they also have huge potential: low education is matched by high exposure to what's available...