You haven’t heard from us for a while so I thought I had better update you as to what has been going on. I took a couple of weeks off to refresh myself as this event has been taking up a whole lot of my time,
When I came back to it the World was sliding into ‘Financial Meltdown’ (According to the commentators on CNBC). Apparently a lot of people in the financial industry have been a little arrogant and greedy and their counterparts on the regulatory side have been spending too much time on their yachts and not doing their jobs. According to investment ‘guru’ Jim Rogers, the 29 year old Wall Street bankers who have been driving around in Maseratis should be making plans to drive taxis.
Staying with the taxi theme, you know it’s time to get out of the market when your taxi driver starts telling you about his portfolio of stocks and the opposite applies as well. When there is blood in the streets and terms like ‘financial meltdown’ are being used then we are probably getting near the bottom.
So if you have filled your bathtub with water and are wearing camouflage fatigues and face paint, you heard it here first, pull your money out from under the mattress and start looking for bargins.
Now I hear you asking, “What has this got to do with riding a PWC from London to Sydney?”
Well quite a lot really because we are trying to impress corporates that they should sponsor us and right now most CEOs are either, too busy propping up houses of cards, hiding under a rock in South America, or in a holding cell. So we aren’t making much progress.
There are some bright sides though. Our fuel bill has almost halved and I am working with my new ‘Backup rider/manager’ Terry Zouch on some initiatives. We are still aiming for June 2009 for our departure at this point but remaining flexible with the current situation as to whether that is actually viable.
We’ll keep you updated. I’ll try and get Terry’s profile up on the site shortly as well as that of our second ground crew, Gary Learmonth.
Cheers
Jeremy
5 responses so far ↓
1 Colin (Colliwob) Bower // Oct 14, 2008 at 12:25 pm
Hello Jazz
Yes, I can empathize with the ‘blood out of a stone’ syndrome as every one I talk to about vehicle leasing is ‘waiting to see what happens next’ which means the great money-go-round all grinds to a stop helping no-one at all. On the positive side, I agree, there are some real bargains around so ‘victory to the bravest’.
Have you sorted the brand of ski yet?
Cheers
Colliwob
2 bruno casa // Oct 15, 2008 at 12:15 am
are you interested on be part of our adventure in peru?
let us know about you
bruno casa
jetraid director
3 andy hanks // Oct 15, 2008 at 3:46 am
have you sorted out replenishment at sea with fuel yet and your repair pontoon
4 Jeremy Burfoot // Oct 21, 2008 at 12:05 am
Hi Andy
We won’t be able to sort this out until we have finalised the support boat.
5 Jeremy Burfoot // Oct 21, 2008 at 12:06 am
Hi Colliwob
No still haven’t finalised the skis.
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