Categories
finance

The Global Financial Crisis for Dummies

The Financial Crisis Explained...in English

If you want the lowdown on what exactly has happened in the global economy to cause the panic and strain we’ve been seeing over the past few weeks in finance markets worldwide, you could do a lot worse than the following links:

In The Giant Pool of Money, This American Life producer Alex Blumberg teams up with NPR’s Adam Davidson to tell the surprisingly entertaining story of how the U.S. got itself into a housing crisis.

In the follow up show, Another Frightening Show About the Economy, Alex Blumberg and Adam Davidson recount what happened when the credit markets froze, and how the housing crisis started impacting the markets as a whole through the ‘evils’ of unregulated credit default swaps.

In plain spoken English these guys do a great job of informing the rest of us exactly what the hell happened.

As an added bonus, they’ve now started the Planet Money Podcast and Planet Money Blog, essential material for anyone who wants to keep abreast of what is happening in the world of money.

Categories
Blogging Computing Rants

Blog Titles With Underscores and SEO

Over the past few days I’ve been messing around with Google Webmaster Tools in an effort to make sure that all the little bugs and issues from my major blog upgrade, from b2evolution to wordpress, a few months back are ironed out.

As always, there tend to be silly little things that are the real pest – misspelled words, poor grammar, obscure comment links and the odd stray feed needing a redirect, all of which were quickly sorted out. After first digging into a few Apache mod_rewrite rules, of course.

I was reading through some tips on the Google Webmasters Help pages when I stumbled on this gem: “We recommend that you use hyphens (-) instead of underscores (_) in your URLs.” Say what? I looked through my archives, and discovered to my dread that all my old content used underscores in the titles. “Eish. Oh well, this is Google, they can probably figure it out anyway – it’s a simple character substitution in their algorithm. It probably doesn’t matter that much.” I thought. But then I picked up in a guest blog entry by Vanessa Fox on Matt Cutts site that there is a distinct difference in the way Google handles underscores and dashes:

‘”african-elephants.html is seen as two words: “African” and “elephants”. african_elephants is seen as one word: african_elephant. It’s doubtful many people will be searching for that.’ This statement alone indicates a huge difference in exposure because of this one trivial character.

That made up my mind to try the big change, but it would require jumping through a few hoops:

1) Changing all the old urls to new urls with dashes instead of underscores. That’s a lot of editing.

2) Redirecting any existing requests for underscore-urls to the new dash-url. That’s a lot of redirecting.

3) Hoping like hell that it worked.

Fortunately problem 1 could be solved by a simple mysql command:

mysql> update wp_posts set post_name = replace(post_name,'_','-');

And problem 2 was easily resolved with the Dash Redirect WordPress Plugin.

I suspect the Dash Redirect Plugin can actually fix both issues at once, but I only discovered this after I’d already changed my urls.

Today I’m feeling good karma from the synchronicity of my blog.

Categories
finance

Where to get a free credit report

Dangerous little pieces of plastic
Dangerous little pieces of plastic

Financial woes abound during this period of worldly financial turmoil. In addition to this, people across South Africa are being forced to hand back their big, expensive vehicles, with tears in their eyes at their inability to make the next payment. Some have even lost huge sums of money on purchases that have simply become too expensive with the current interest rates.

I’m glad I’m not in that boat, and perhaps it has something to do with knowing my credit status. It’s also quite handy to check up on who’s been checking out your credit status. Quis custodiet ipsos custodes? Who is watching the credit givers, if you will.

If you need to get access to your personal credit report, which the credit bureaux legally have to provide to you at no cost once per year, head over to MyCredit.co.za and register for your Transunion ITC report. Registration there was quick and easy and you get a cool pdf report emailed to you pretty quickly once registration is complete and the report has been ordered. I enjoyed tracing the deliberately confusing trail that I have intricately laid down for anyone who examines my credit situation. After all, they don’t need to know everything perfectly accurately, now do they?

There’s also CreditExpert, who will give you your status as per Experian’s records, but after registering they still wanted a whole lot of that eminently forgeable paperwork they call FICA records, so I have not yet seen the quality of their report.

Have fun. You now have the knowledge to get yourself out of any credit situation you might be stuck in. Oh, and when you’ve fixed that, take a minute and cut up one of those credit cards. It’ll do you a world of good.

Categories
Music

My Levi’s Vintage Sundays Review

DSC_9165

Southern Gypsey Queen and Jack Hammer played Tings ‘n Times on Sunday.

There’s very little you can say about Jack Hammer without using superlatives. I’ve had the privilege of watching them play on more than a few occasions, and this gig proved to be as brilliant, as inspiring, as any before. But this time it was Jack Hammer with a twist. Greg Georgiades was dropped into the mix, but the fit was like slipping on a trusty pair of old 501s after you’ve been sweating a dress suit at an unknown relative’s morning summer wedding.

Go read the review. Now, dammit!

Categories
Hacking

Record Fuel Mileage

Ullapool Petrol Station III by Iguana Jo
Ullapool Petrol Station III by Iguana Jo

Given today’s ever-increasing fuel prices in South Africa, you really only have two options available to you:
1. Sit in a corner and cry while waiting for the price to come down,
or
2. Learn how to drive your car safely in as fuel efficient a manner as possible.

I chose the latter, and it’s paying off.
I’m driving a 1.6 petrol Citroen C4, not a small car, but a comfortable ride, and a pretty damn fuel efficient one too, when driven correctly. My last tank of approximately 55 litres, took me to 812.8km before I lost my nerve and pulled in at the petrol pump. My usual tank range is around 700km, so you can understand the caution. The new consumption works out to 6.6l per 100 km in the combined cycle, say 50% highway, 50% everywhere else. I’ve been used to getting 8.1 or 8.2 litres per 100, so this certainly was a big step up.

Now I’m not saying buy Citroen – I’m saying learn how to drive again – make the journey an adventure in cost saving. Learn to love neutral, and enjoy coasting down hills and highways. Hypermiling can be fun, when done safely. It brings a new lease of life to the boring old commute, and think of all the cool stuff you can do with that money instead of burning it.