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    Global Macro Trading Journal

    That video is at least 4 years old. Both the fee's as the rules have been changed since. But yeah, politicians want money what else is new. Maybe some Plato quotes to confirm it?
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    Global Macro Trading Journal

    Short the currency. 90% of the population wouldnt understand what that means let alone how to act on it. Other then that you are arguing there should have never been a Euro but that's another discussion. I am saying if you are in a currency union it can offer benefits. Anyway, my...
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    Global Macro Trading Journal

    The EU has to an extensive degree a free flow of goods, capital and people. That's why the largest part of Eu trade is internal. The free flow of people has largely brought about a flow of immigrants from the poorest countries or naturalised in the perrifery looking for job opportunity or...
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    Global Macro Trading Journal

    It has benefits but so does a currency union. A saver in Italy or Spain might have seen his savings devalue 50% overnight without the Euro. I just think far to much emphasis is being put on the independent monetary policy VS being in a currency union. Neither of them is a magical pill...
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    Global Macro Trading Journal

    Isnt the price of everything because of taxes and regulations? Why does a gallon of gas costs 2 cents in Quatar? Why does a Vietnamese worker costs 1$ an hour? Regulations...and taxes...no. Anyway... The UK saw it's PMI drop of the cliff this week so unlike the likes of Hendry etc I...
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    Global Macro Trading Journal

    We already pay 10$ a gallon... :p
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    Japan unemployment rises from 4.1 to 4.5 %

    I have a friend that went to Japan this year and he said people do the most stupid jobs there that have been extinct elsewhere for decades. Like waving to people on the freeway. :p With jobs like that it's not suprising you have 4% unemployment.
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    Global Macro Trading Journal

    Australia raised to AAA. :)
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    Global Macro Trading Journal

    So Belgium got 2.6 Billion USD from it's citizens at an intrest rate of 4%. Net 3% actually because of the taxes. They went to the market today and got the same amount for 5.7%. Critics are saying if this is a trend that they are willing to follow banks will get hurt so is it really a wise...
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    Marc Faber

    Strangely enough it's not as bad as the stuff he used to write on here.
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    And Finally - The Usa To Bailout Italy For 794 Billion - Well The Imf

    I believe Europe is the biggest contributor to the IMF. So in a way we are bailing out ourselves.
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    Black Friday retail sales hit record

    I am the only person I know without a flat screen TV. But largely the main reason why i don't buy a lot electronic gadgets is cause I know myself and get tired of it after 2 weeks. But I guess mostly I am just a cheap bastard...
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    Black Friday retail sales hit record

    People buy mostly electronics at a big discount.
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    Marc Faber

    New video. http://www.youtube.com/watch?v=87Ke1fotVIY Dollar and S&P likely to remain outperforming China is cheap but little transparancy Gold consolidating The system relies on assets going higher
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    Global Macro Trading Journal

    In an interview Stark calls the political pressure on the ECB as overwhelming. They won't be able to keep it off for ever obviously.
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    Global Macro Trading Journal

    IMF wants to loan Italy 1 trillion USD La Stampa is suggested to report. More news on monday I guess... Go markets! :D
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    Global Macro Trading Journal

    A government is formed last night. I guess the downgrade from last night (AA+ to AA) was finally enough to get them to agree. Over the years country after country got it's time in the spotlight and pundits had their say on what was wrong and how it will progress. I'd say there are 3 main...
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    Global Macro Trading Journal

    Martin, maybe a stupid question but do you rate Faber? Cheers.
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    Global Macro Trading Journal

    Up 80% from the lows. Missed it cause too scared to buy it. :D Oh well.
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