joe rodolico's definitions

frugalista

A new breed of thrift shoppers that will trample or kill anyone who stands in between them and a bargain.

Black Friday was really sad this year when a mob of frugalistas trampled a guy to death just to save a few dollars on Christmas shopping.

by Joe Rodolico December 16, 2008

H-Hour

A redundancy in military jargon signifying the exact hour for an operation to begin. Big "H" for "big hour".

The invasion of the enemy held island began at H-Hour, 05:00.

by Joe Rodolico February 10, 2007

two-thousandaire

A member of America's class of home-owning families with only two thousand dollars in savings. Deeply in debt, they live from paycheck to paycheck dreading any unforseen financial catastrophies such as a sudden illness or unemployment. First coined by Karen De Coster and Eric Englund.

Taking out a home equity loan might seem like a good idea to a two-thousandaire, unless one gets laid off and ends up penniless.

by Joe Rodolico July 1, 2006

WDI

World Depression One. What the world will experience in the coming years, if the global financial meltdown is not stopped.

No one could have imagined that the great prosperity of the early part of this century was just an illusion and would end in WDI (World Depression One).

by Joe Rodolico March 18, 2009

farmland bubble

A situation in which farmland prices skyrocket due to speculation in the futures market in one or more crops. Asset bubbles form when too much money finds its way into one area of the market. The bubble is considered to be excessive, and, therefore, not sustainable in the long run.

Farmers are planting more and more corn, because the demand for ethanol is creating a farmland bubble by raising the value of their land to previously unheard of heights.

by Joe Rodolico April 11, 2007