cbaxter - finance and startupscbaxter - finance and startupsA blog written by Christian Baxter - a financial analyst - about finance, ibanking, startups and other random crap. Articles
On the phone
2007-04-11 17:05:00 I think I've managed to get my phone to blog pictures. More About: Phone
So I donated some clothing...
2007-04-11 15:29:00 Last time I was in Africa someone told me that the United States is the world's largest exporter of used clothing - and this is part of a booming international trade business across the emerging markets.I think a majority of people assume that their drop-off donations are gift-wrapped and shipped to various domestic homeless shelters, but this is not the case. In fact, the clothing is collected, sorted and then sold by the pound to various textile exporters - who then resell it, maybe $0.25 for a shirt or $0.50 for a pair of jeans, in the local markets. Want to buy a few thousand pounds of clothing? There are lots of places, like Alibaba, where you get it for as little as $0.10 per pound.There are some obvious downsides to this - for example, studies have shown that the amount of trade is putting certain local textile markets out of business. Also, some companies are utilizing the drop-boxes to give the impression that they are a non-profit entity.Planet-Aid, on the other hand, ope... More About: Clothing , Nate , Some , Cloth
Consultant Bullsh*t
2007-04-01 17:12:00 Suffering from a momentary lapse in the ability to be remotely productive, I've created the Consultant Bullsh*t Generator...which is similar (err...identical) to the Banker one, just with different vocab - and a better picture.If you can sound smart, that's about 80% of the game. More About: Ulta 1, 2, 3 |
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