Miley Cyrus And Ashley Tisdale’s BFF Rings

In our never-ending quest to bring our readers entertainment news in innovatively progressive ways (and also to fill space within a sparsely detailed report…like breadcrumbs in a meatloaf) we’ve decided to combine a recent story regarding Miley Cyrus and Ashley Tisdale’s BFF rings with an update on the world economy. Enjoy!

According to Ok! Magazine, “Hannah Montana” star Miley Cyrus recently purchased two $1,417 red enamel Hidalgo horseshoe rings for her and her BFF, “Suite Life of Zack & Cody” star Ashley Tisdale.

According to New York University economist Nouriel Roubini, following the recent U.S. stock market collapse that has so far wiped out more than $6 trillion of wealth, a domino effect resulting in a worldwide “systemic financial meltdown” of advanced economies is already underway.

“Miley saw this Hidalgo ring and said to her mom, ‘OMG, I need to get one of these for Ashley,’” an unnamed pal of 15 year-old Cyrus’ told OK! Friday. “She asked to order two - one for her and Ashley because they both collect things with horseshoes on them!”

With Congress’ recent $700 billion bank bailout unsuccessful in restoring market confidence, and with the stock markets in Indonesia and Russia closed indefinitely, Roubini warns that unless the crippled American credit system can be revived, “one cannot rule out a systemic collapse and a global depression.”

“They’re really close,” the Ok! source adds, “and this is their little way to say ‘hi.’ With their crazy schedules, it’s how they stay connected.”

“It will take a significant change in leadership of economic policy,” Roubini adds, “and very radical, coordinated policy actions among all advanced and emerging market economies to avoid this economic and financial disaster."

Cyrus is expected to make a cameo appearance alongside Tisdale in the upcoming “High School Musical 3.”

Following the worst week ever for Wall Street, the retirement funds - as well as the job security - of millions of Americans, hang in the balance.

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