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    S&P cuts U.S. ratings outlook to negative

    I'd say it is a suprise and no real downgrade will hapen given the interconnectedness between the rating agencies and the US government.
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    Rich Americans buying Euro soccer teams.

    Yes. Rumours has it Abramovic has become genuinely obsessed with it. Imagine being worth 14 Billion and not being able to buy what you want. On the other hand rumours as well have been around for some time he is ready to throw in the towel and cut his losses.
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    Rich Americans buying Euro soccer teams.

    http://en.wikipedia.org/wiki/Roman_Abramovich From Wikipedia: As of May 2008, Abramovich has spent approximately £600 million (€705 million) on the club since arriving in 2003. That's 4 years ago. Just this christmas he splashed out 100 million USD on 2 players. Say he has...
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    What it all boils down to

    http://www.youtube.com/watch?v=whSYTSXm8wo the public gets what the public wants
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    El-Erian and Chanos (good stuff)

    Does he goes long at times as well Chanos?
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    Rich Americans buying Euro soccer teams.

    http://en.wikipedia.org/wiki/Malcolm_Glazer Malcolm Glazer who owns Manchester United. Stan Kroenke just bought Arsenal. http://www.slate.com/id/2291241/ John Henry owns Liverpool...
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    Global Macro Trading Journal

    Daal, could you share your views on the appropriate amount of leverage... You think high leverage is a certain road to the poorhouse or not necessarily?
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    Are internet comments really this organised?

    http://www.youtube.com/watch?v=A0p5mA07c08 That's pretty sad no... People get so wound up in their beliefs. I don't get it. Is it possible it goes even further and people get payed for forming a certain opionion on the internet?
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    CPI released for Europe and US today...

    Basically prices doubled on everything at least since the Euro was launched. Which isn't all that bad really, given how many commodities have risen maybe 500% over the same period in time.
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    global hierarchy

    There is a lot more usefull info to be found on the web concerning the subject at hand then this sex slaves CIA stuff really. Watch this and tell me what you think. http://video.google.com/videoplay?docid=8394844811105390386#
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    Atlas Shrugged the movie

    Who is John Galt?
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    9 Things The Rich Don't Want You To Know About Taxes

    Marc Faber says corporatism is destroying the US. Is Marc Faber a socialist? A leftist?
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    Jim Rogers sings in Singapore song

    It's a tribute to the people of England.
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    Atlas Shrugged the movie

    Looks very very bad. Barely download worthy.
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    Ikea outsourcing. Scandalous?

    Ok. But isnt this what policy makers are trying to achieve. To give US new found attractiveness for foreign investors to invest and kickstart an export led recovery.
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    Ikea outsourcing. Scandalous?

    You think foreign companies shouldnt be allowed to open factories in the US? You think minimum wage should be raised?
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    Intellectual Property and Piracy

    Bands make their money touring now. Which is great really. Get to see your band wherever you live.
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    Jim Rogers sings in Singapore song

    Such a cool guy, even at the age of 87.
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    The Euro, will it break 08 highs?

    Yes, neither is it performing well against the CHF over a bit longer in time. On the other hand, given how weak the Euro was against all currencies a bounce was to be expected. So should the USD get its bounce but jezus from what level...
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    The Euro, will it break 08 highs?

    1.45 as we speak. Where does it end....
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