An unfriendly operating climate has taken its toll on another downtown San Diego hotel property — the latest of more than 30 in the region and 400 statewide to enter some stage of default.
Operators of the 184-room Sè San Diego hotel, an upscale boutique property at 1047 Fifth Ave. that opened in 2008, confirm that the hotel’s lender, a German bank, has filed a notice of default in connection with a $72.9 million construction loan. Such notice is the initial step in a foreclosure process.
Just last night, before rolling out to a “biz meeting” of sorts, I decided to clean up my crib a little. (After my “reconnaissance mission” of sorts, I planned to get a few cocktails at this local Wimpster bar, and try and swoop some West Coast Hipster Girls.
After putting away the heaters, the balclavas, the Custom Suit with my signature Cookie Monster blue interior draped over an Eames Lounge Chair and Serial Killer Biographies, I checked the my main couch (a fine example of the French, Art Déco period, if I do say myself, although I am not an aficionado).
It’s no secret that the US Economy is taking heavy shots, like keeping your hands low in a fight with Andre Berto. We have a trade imbalance. A Weak as Affliction shirt, US Dollar. Sky-high, rocketing debt. A national housing market in the dumps. A credit crunch with tight as my Game lending policies. Energy costs through the roof. Devastated consumer confidence. Tortoise Slow job growth. A really stupid war that is getting stupider by the minute. Pending elections.
Seems like everyone is walking around with slim pockets these days. You even see mortgage brokers, in their striped shirts, that were buying Bottle Service 9 months ago, walking off the bankruptcy floor of a chop shop law firm now. Except instead of the striped shirts, they are wearing Christian Audigier. And instead of selling mortgages, they are auditioning for wack Reality TV shows.
Anyways, there are still a lot of moves you can make that are “recession proof” and even some moves that perform better in a Down Economy.
So if you are looking to “cake up”, you have come to the right place, because I have some tricks up my high-arm-holed sleeve of my custom Neapolitan suit. We have already covered Swooping Girls in a Down Market, now here are the Top Ten G Manifesto Certified ways to make money in a Down Economy:
Import – Exports
Exports to China. We have a very weak US Dollar right now. Which means our products are Compton Swap meet-cheap for countries with strong economies like China. China is gobbling up innovative US products right now. (However, very recently, the Chinese economy is showing signs of slowing).
Bringing automatic weapons across the border to Mexico is also a profitable move. There is a War going on outside and the cartels will pay a premium for quality “Goat’s Horns” and other weapons. The increasing globalization of trade and electronic info-commerce has made it easier than ever for Arms Flippers to circumvent the national arms control systems and to exploit weak links in the very fragile international regulatory chain. I mean, who doesn’t like exploiting weak links?
Open a Taco Shop
You might think I am joking here. But with a Down Economy, comes the need for “cheap eats”. In Southern California specifically, people can’t get enough of Mex. It’s akin to Crack Rock in the 80’s. Serious, people in Southern California eat the stuff non-stop.
You could also open a flip-flop store. I am being serious here again. Girls in Southern California wear tons of flip-flops. Way more than high- heels. That’s why Southern California girls seem so short. Or open a store that sells Affliction Shirts. Seems like every jerkoff can’t stop wearing Affliction these days.
I bet if you open a Taco Shop that sells flip-flops and Affliction Shirts in Southern California, you would be a millionaire in no time. People are that stupid.
Commodities have been very bullish for the past 10 years. Pockets have gone from flat to fat, your humble author’s included. Commodity trading is however, by definition, risky. (Let’s keep this in perspective. Commodity trading is not as risky as say, heisting armored trucks). Personally, I embrace that risk. For the weak at heart, invest in commodity-based exchange-traded funds which can be pretty Smooth as well.
Cigarette costs are ridiculous in some states. Cheaper in others (and other countries). If you can’t see the profit play here, I don’t know who can help you.
Expansion is happening in unprecedented proportions in the so-called BRIC countries (Brazil, Russia, India and China) and elsewhere around the world. By my estimates, there should be additional spending of $40 trillion over the next quarter-century or so. Investing in global providers of electrical-system services and components are a good solid profit play. Also, power-transmission, power-management systems and industrial-automation products and systems should help you stack mountains of chips over the next few years.
Sure it’s saturated. But show me a girl that hasn’t thought of doing porn in this Down Economy and I will show you 20 Southern California girls that already have thought of it or acted on those thoughts. And I will show you a hundred guys that are plastic ready to pony up the dough to check it out on their laptop.
With a Down Economy comes cut backs. Fortunately for the G/ Heistman, these cut backs include security and security systems. All the better for daring heists by dashing Heistmen, Oh my Brothers.
I can’t even begin to tell you how many people have asked me for a loan since the Down Economy started. I was involved in the Shylocking Game as a younger Prototype G and I can tell you it can be very profitable. It can be really messy too, but that’s neither Super Tuscan nor Superfly.
For less risk but less juice, get in on the payday loan scams.
When we have a Down Economy, people seem to have the need to get lifted. Even more lifted than normal. (I will go into setting up a Drug Dealing Firm in a Future G Manifesto). Just keep in mind, to be a successful drug dealer concentrate on Excellent Quality, Safety and have Fast, Trustworthy distribution.
One of my personal favorites. Drug dealers by and large are scum, have lots of CASH and give up their CASH easy when you point a Desert Eagle at them. Sort of an “easy come, easy go” situation, if you will. Most drug dealers are just asking for you to Standover them. Just make sure you deal with “independent” pharmacists. Yuppie dealers and suburban dealers are your best targets.
Doing biz with the rich
This is pretty obvious. The rich always have money even in a Down Economy. It doesn’t matter if you broker deals with them, sell crap to them or heist them.
Business, in this day and age, is done in one of two ways: sell lots of crap to tons of retarded people, i.e. the masses, or sell few high-end products to a high-end clientele. (Actually, Business is done in more ways than that, but I am trying to simplify things…it’s a Blog Post for Christ’s sake). American corporations (McDonalds, Starbucks, Christian Audigier) typically focus on the former. But as Immortal Technique says:
“So if your message ain’t shit, fuck the records you sold
Cause if you go platinum, it’s got nothing to do with luck
it just means that a million people are stupid as fuck”
Concentrate your business on the latter. It will help you sleep well at night. After all, money isn’t everything.
So what do I do to make money in the Down Economy?