Florida Mortgage Report

"Limpflation": A New Medical Term for E.D.

While looking across my RSS feeds this morning, "limpflation" caught my eye, and not for the reasons you may be thinking.  Actually what caught my eye was "stagflation", which is a topic I talk about a lot as the economic data (E.D.) points to its occurrence.

Limpflation appears to be a new term for the economy, or at least for one atheistic economist, you know the ones that do not believe in recession.  According to a MarketWatch article, Andrew Clare, professor of finance at London's Cass Business School, believes that the market is fixated on stagflation when in reality it will only see limpflation.

Since stagflation is when both unemployment and inflation are rising (which recent data has shown with increases in both), limpflation is when there is a period of "limp growth" where higher inflation is likely to occur.  So, instead of our economy going "stag", he is saying it will merely go "limp".

So, add "limpflation" to your dictionary as follows:

LIMPFLATION (limp-flay-shun): Term used to describe when developing E.D. shows a partial lack of growth, or "limp" condition.

 

(Side note:  Normally I do not add the same content to two separate blogs, but I just couldn't resist with this one.  The other location is at www.agentgenius.com)

"MILF" Sale at Spirit Airlines

Brian Brady talked about how sex sells in all industries, but talks about how sex has been used to sell real estate.  Well, in what Spirit Airlines is calling an oversight, like we believe that, the obscene acronym was used in a marketing campaign. 

Spirit Airlines claims it was marketing its "Many Islands, Low Fares" campaign and didn't think about the negative connotations surrounding the acronym "MILF".  "MILF", as bloggers pointed out in the offensive advertising, is a term used across the Internet to describe an attractive older woman.  You can guess what it stands for.

Did Spirit Airlines stoop to new lows (and I don't mean fares) or did they really make an "honest" mistake.  You decide, but it did generate a lot of "free publicity".