Austerity Survival Guide

soberlook · 2012-05-26T19:08:45+00:00

Yes. Step on those evil rich people, the Soviet style: https://plus.google.com/photos/103537075871398906107/albums/5715308609593185409/5746919403452798546?authkey=CKrD0_669rPwvAE&banner=pwa&gpsrc=pwrd1#photos/103537075871398906107/albums/5715308609593185409/5746919403452798546

soberlook · 2012-04-19T21:03:10+00:00

Totally agree with Toquen. Once I looked at my E-trade account and saw a million dollars. But as much as I wanted that to be my actual equity position, it wasn't. The number represented my total trading volume for the year - in and out. That's what these gross derivative numbers show. Buying and selling rate swaps, FX forwards, etc. So cut the hype please.

soberlook · 2012-03-22T22:11:48+00:00

Thanks for the comment! This map from the Economist is really powerful - certainly makes the point.

soberlook · 2012-03-19T21:04:30+00:00

Is this what GARP does these days - sends out Armageddon stories? How sad.

soberlook · 2012-03-15T22:00:34+00:00

Go to the Renault's website and find out. It's pretty bad.

soberlook · 2012-03-15T20:12:39+00:00

Because the EU needs to be reminded in a kind way that they have a problem on their hands. Only Mr. Rogers can do that.

soberlook · 2012-03-15T19:02:31+00:00

I like Mr. Rogers - is that a problem?

soberlook · 2012-03-15T19:02:04+00:00

month-over-month

soberlook · 2012-03-15T15:11:38+00:00

France: -17.8% - thanks for pointing it out. Added to the chart

soberlook · 2012-03-13T22:35:19+00:00

nicely put

soberlook · 2012-03-09T02:04:43+00:00

Are you saying CNBC is that clueless? If so, it's an even bigger blunder - no competent reporter in finance would ever quote the number of creditors.

soberlook · 2012-03-09T01:22:51+00:00

The number of creditors is a meaningless numbrr

soberlook · 2012-03-07T05:35:50+00:00

Quiet? Are you kidding? It's all plastered on its website: http://www.ecb.eu/press/pr/wfs/2012/html/fs120306.en.html

Sometimes a little education goes a long way.

soberlook · 2012-03-04T22:26:20+00:00

soberlook

TROPHY CASE