Tag Archives: dow jones

Bottoms Up! Drink Away Recession Blues

In rain or shine, economic ups or downs…people will hit the bars. The question is where can you find a bar that doesn’t exactly have set prices? Well apparently, the Dow Jones Bar. After hearing about this “great” spot from some of my new yorker friends I decided to investigate. Not only does New York have their own Dow Jones bar but forms of it are popping up in places from Barcelona and England to Kuala Lumpur. It works like this: prices will go up and down on screens depending on how many people are buying at the time. If a man next to you just bought a rum and coke, the price will go up andm if you’re not too tipsy to pay attention you can still strategically buy up all the cheaper drinks. Although it depends which bar you are in, Barcelona’s Dow Jones rigs its machine sot hat every half an hour the market crashes, orange lights go off and drinks drop to their minimum price which of course makes everyone run back and buy another round. The good news is, game or not, the bar never lets the price of drinks get too high to afford even if it is good business. Now, I’m not too sure if alcohol and stock exchanges are a good mix but in this recession, it may be a smart gamble. Finally a bar where you really can call the shots. [La Bolsa Bar (spanish stock exchange)] Keep reading »

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