Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, March 24, 2009

Coca-Cola Drought

Story

...
The East Africa Bottling Share Company, which produces the soft drink in the region, last week temporarily shut its bottling operation in Ethiopia.

It said they had the Coca-Cola - but did not have the bottle tops.

...
Our correspondent says it sounds almost as if the Coca-Cola shortage is being treated as a national emergency.
...
Street children have reportedly been collecting the much-needed bottle tops from the streets of Addis Ababa and selling them back to companies to recycle for around $0.2 (£0.13) a kilogram.
...
The continent has been largely spared the worst of the global banking crisis, but it is becoming obvious there are problems finding enough foreign exchange to keep Ethiopia's economy running, says our correspondent.

What a crappy story..... Why are they out of bottle caps!! and how does foreign exchange work into the "Cap issue"

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