Why supermodels shouldn’t think

11:40 am Economics and Finance

Given the state of the Euro, it is instructive to recall this.

The world’s richest model has reportedly reacted in her own way to the sliding value of the US dollar – by refusing to be paid in the currency.

Gisele Bündchen is said to be keen to avoid the US currency because of uncertainty over its strength.

The Brazilian, thought to have earned about $30m in the year to June, prefers to be paid in euros, her sister and manager told the Bloomberg news agency….

“Contracts starting now are more attractive in euros because we don’t know what will happen to the dollar,” Patricia Bündchen told Bloomberg in September.

Yes, “we don’t know what will happen to the dollar”, but it is unlikely that it will go bust before the Euro.

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Arran Gold

5 Responses
  1. fern st albert :

    Date: May 21, 2010 @ 1:50 PM

    Are any currencies safe in this volatile global economy? May have to go back to the barter system. Wonder how much pouting and posing is worth when you need eggs and milk. Cheers.

  2. dmorris :

    Date: May 21, 2010 @ 2:18 PM

    I hope her managers recommend Greek Bonds,too.

  3. Paul M :

    Date: May 21, 2010 @ 3:35 PM

    “Stupid” doesn’t begin to describe that particular model.

  4. john :

    Date: May 21, 2010 @ 5:25 PM

    Make your cheap $$ doing your overpaid stripper routine while you still can airhead.

    Cosmetic companies are financing major bucks into experiments with computer graphics to perfect a realistic “virtual model”.

    HA! We’ll see how arrogant these dim-bulbs are when Lara Croft kicks their skinny ass out of a job.

  5. john :

    Date: May 21, 2010 @ 5:35 PM

    “fern st albert :
    Date: May 21, 2010 @ 1:50 PM

    Are any currencies safe in this volatile global economy? May have to go back to the barter system. Wonder how much pouting and posing is worth when you need eggs and milk. Cheers.”

    HA! I like it fern.

    But really, in an economic collapse models will simply do what any useless, conceited, chick with no work ethic would do under the circumstances……find a well-to-do sugar daddy and let HIM provide.

    And if full time permanent sugar daddies are in short supply, then numerous, temporary, short term ones will do just as well.

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