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  1. M

    China Car Sales Jump 48% on Support, Most Since 2006

    We're now reading the same headlines about China that Goebbels fabricated under the Nazi's "Economic Wunder" of the 30s :cool:
  2. M

    An Anectode That Speaks Volumes: Dollar Store Puts My Local Hallmark Store Out of Biz

    One of Aldi's specialties is to own most of the land and properties they operate on/in. They hate leasing, they shun debt. Supposedly, everything is financed out of cash flow, they use little to no borrowed money if ever. The land value alone of the properties they have amassed across Europe...
  3. M

    Lost 100K in one month, 50% wiped out, start to write journal

    Thread def. smells like a wind up.
  4. M

    Yen is making some serious moves

    Look up the CAD/GBP/AUD/NZD/JPY and most of the emerging market currencies Sep/Oct/Nov 2008. THAT was dramatic. There were days of 4-6% daily moves in some currencies against the greenback. With the JPY going the opposite direction that made for 7-9% daily moves in the JPY crosses. Today...
  5. M

    An Anectode That Speaks Volumes: Dollar Store Puts My Local Hallmark Store Out of Biz

    Aldi is run by two brothers from Germany -- now in their 90s. They are in the Forbes top 10 list, they go by the names of Karl and Theo Albrecht. Their concept is simple but cutthroat: offering no-brandname fast rotating goods only. They're notorious for "convincing" suppliers to cut costs...
  6. M

    Software for Generating Reports Based on Various Indicators/Events

    The most obvious one would be Excel.
  7. M

    •Japan Machinery Orders Unexpectedly Fall for Third Month as Profits Slide Sharply

    In this case, that would be wasabi shoots. Not for the faint hearted!
  8. M

    Short DAX at 7740

    Beating expectations... is that why Schatzi, Bobl and Bund are up? :cool:
  9. M

    Who is Serge Aleynikov?

    It's somewhat shocking GS didn't see this one coming. The WSJ is reporting Serge repeatedly showed up for work wearing this T-Shirt, talk about a red flag:
  10. M

    Who is Serge Aleynikov?

    Wow that last point caught my attention. Is this really taken from his linked-in profile? :cool:
  11. M

    Top in Gold?

    LOL that's about the most ridiculous business idea I've heard in a while. Good luck to them :D
  12. M

    Sluggish Lending:German Finance Minister threatens banks with unprecedented measures

    Germany has a great track record of giving out threats and following up on them :cool: German banks already play virtually no role on the international circuit as a percentage of global banking. Once the government forces them to take more junk onto their books they can kiss them good bye.
  13. M

    •Australia Facing `Full Brunt' of Global Recession as Exports, Lending Drop

    Australia's commodity exports are directly correlated with China's GDP growth. Once Australia goes down the tubes that will be a relatively reliable indicator of China's true health, rather than the propaganda being fabricated in the Beijing ministry offices.
  14. M

    Porsche - What goes around, comes around?

    Porsche SE... SE = German for "Hedge Fund"? :cool:
  15. M

    Goldman Sachs Trading Unit.....Interesting Developing Story

    Conspiracy theories (GS manipulating this, Renaissance manipulating that) are great when one wants to get sidetracked from ones trading results. I don't think that is very beneficial for someone trading for a living.
  16. M

    Sweden Cuts Deposit Rate to NEGATIVE 0.25

    Lots of consumer and corporate credit in Sweden which depends on business with the Baltic areas can be regarded as close to junk quality. I am not surprised banks are not interested in lending to quasi-broke and risky creditors because their books are already full with billions of the same...
  17. M

    No hyperinflation in Europe

    Definitely not representative of 100% of the EUR zones GDP, but somewhat refuting the claim that the "small guy" (who typically buys at the discounters) has to pay more and more money for essentials and food items and those are going up every month in an exponential fashion like clockwork.
  18. M

    No hyperinflation in Europe

    Sure, but I bet once that happens the gold bugs will declare victory and a state of hyperinflation :D
  19. M

    Exit tax to leave the country

    The de-facto slave collar for most is the 30 day visiting rule. It's 179 days in (most of) Europe. Thousands of expats pay next to nothing in taxes by living 180 days in Switzerland (lump-sum taxation) or Monte Carlo (zero taxes) and the rest of the year in their original home country. No 10...
  20. M

    No hyperinflation in Europe

    The following are 12 month price changes as monitored by Bild, the biggest daily newspaper in Germany (comparable to Britain's "Sun" or "Mirror" in style and target audience I guess). http://www.bild.de/BILD/ratgeber/geld-karriere/2009/07/04/preissturz/jetzt-kaufen-oder-abwarten.html They...
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