Financial fuckery thread

[Cain]

Here's a translation of the letter the Greek man mentioned above wrote:

The collaborationist Tsolakoglou government has annihilated my ability for my survival, which was based on a very dignified pension that I alone (without any state sponsoring) paid for 35 years.

    Since my advanced age does not allow me a way of a dynamic reaction (although if a fellow Greek was to grab a Kalashnikov, I would be the second after him), I see no other solution than this dignified end to my life, so I don't find myself fishing through garbage cans for my sustenance.

    I believe that young people with no future, will one day take up arms and hang the traitors of this country at Syntagma square, just like the Italians did to Mussolini in 1945 (Piazza Loreto in Milan).

[hirley0]

http://www.curtrenz.com/ {click at Time Certain ?

Here's a tr

thr

3

yes i do have A peso, iT should last a Long Long time at current exchange rates

Brazil Real Exchange Rate
http://www.x-rates.com/d/BRL/USD/graph120.html
http://www.x-rates.com/d/JPY/BRL/graph120.html
http://www.x-rates.com/d/BRL/MXN/graph120.html

[hirley0]

17th there was an interesting 20$/oz  spike(V) in gold price -.5hr\+1.5/hr
HUMP DAY? GUESSING spy will sell of friday \

[Cain]

http://www.russellsage.org/sites/all/files/Rethinking-Finance/Philippon_v3.pdf

Historically, the unit cost of intermediation has been somewhere between 1.3% and 2.3% of assets. However, this unit cost has been trending upward since 1970 and is now significantly higher than in the past. In other words, the finance industry of 1900 was just as able as the finance industry of 2010 to produce loans, bonds and stocks, and it was certainly doing it more cheaply. This is counter-intuitive, to say the least. How is it possible for today's finance industry not to be significantly more efficient than the finance industry of John Pierpont Morgan?

The problem is the reliance on neo-classical economic thinking, which assumes prices should decrease as technology should lead to lower costs and superior predictive models.

[Reginald Ret]

Oceanfreight rates are increasing.

The attached is a General Rate Increase(GRI), established by the Ocean Freight Industry (FENEX), effective 1 April 2012.  It will be in effect until and to include 30 June 2012.  Increase equals around 30%.

Carriers are minimizing their fleet (ships), in order to heighten freight cost and claim a lack of shipping or space capacity.

And it's getting worse:

In all acutality, their has been another GRI introduced for 1 May 2012.

Now i don't know much about this subject, but this seems like a bad trend.
Somebody please reassure me that global trade isn't grinding to a halt.

[Cain]

"Global trade is not grinding to a halt."  There you go.  I mean, it probably is, but you did ask...

Also http://www.bloomberg.com/news/2012-04-21/italian-police-seize-1-5-billion-u-s-securities-from-man-s-car.html

Italy's financial police seized U.S. government securities with a nominal value of $1.5 billion from an unidentified man in his 70s, they said in an e-mailed statement.

The police said they also took certificates of deposit for about 1,000 tons of gold, which together with the U.S. bonds are worth more than 3 billion euros ($4 billion). The assets were found in a briefcase in the man's car in Viterbo near Rome because of their "doubtful origin," according to the statement.

The man has previous convictions for robbery, extortion, drug trafficking and money laundering, according to the police statement.

The probe, dubbed "Million Dollar," is being carried out in and around the capital in cooperation with officials from the U.S. Embassy. Police said they're evaluating "the authenticity, the nature and the origin" of the securities, some of which may date from the 1930s.

A lot of fake securities have been popping up in the last year or so.

[hirley0]

http://www.curtrenz.com/ {click at Time Certain ?
http://www.x-rates.com/d/BRL/USD/graph120.html

http://www.x-rates.com/d/BRL/MXN/graph120.html

http://www.x-rates.com/d/BRL/ARS/graph120.html

http://www.x-rates.com/d/BRL/JPY/graph120.html

ahHH ssOOO Fridays sell of did NOT take place
now to check up on the other 120's ? SUMsay  FLAT?

OK? the next thing for her to do?/?
N THE WORLD STAGE??? is to sync with Costa Rica
http://www.x-rates.com/d/ARS/CLP/graph120.html

[hirley0]

use Chilean Peso  AS LEGAL TENDER IN

Argentine Peso  AS 1/100th
REMember this is about Money 1k 500 200 100 50 20 10 5 1 .5 .25 .1 &.01
13 coins. those above 50 are to be made with 2 metals outer & inner
NOT heads & Tails | this should get the wheels turning | of course
with Mayan Calendar graphics naturally | Starting with the use of
the Chilean current Peso as legal tender in the Argentine capitol .

[hirley0]

3pm pdTBBC My guess is todays move is over
that the Market will be flat the rest of the week on Low Volume ?/?
Links {fast) when available to me | i mean next 2 weeks | thanks

3

http://www.curtrenz.com/ {click at Time Certain ?
http://www.x-rates.com/d/BRL/USD/graph120.html

http://www.x-rates.com/d/BRL/MXN/graph120.html
http://www.x-rates.com/d/BRL/MXN/graph120.png  /img
http://www.x-rates.com/d/BRL/ARS/graph120.html
http://www.x-rates.com/d/BRL/ARS/graph120.png /img]\
http://www.x-rates.com/d/BRL/JPY/graph120.html
http://www.x-rates.com/d/BRL/JPY/graph120.png /img

ahHH ssOOO Fridays sell of did NOT take place
now to check up on the other 120's ? SUMsay  FLAT?
NAVY selloff Monday 3% /-/A

OK? the next thing for her to do?/?
N THE WORLD STAGE??? is to sync with Costa Rica
http://www.x-rates.com/d/ARS/CLP/graph120.html

Min on DW.D >? / ?

[hirley0]

o6o  2 v .5 should the thirteenth coin be a .5 or a two?

use Chilean Peso  AS LEGAL TENDER IN Argentine Peso  AS 1/100th
Money 1k 500 200 100 50 20 10 5 1 .5 .25 .1 &.01 13 coins.

also TBD where in South America are the RARE EARTH deposits
WHEN will the news appear ?

http://money.cnn.com/data/markets/dow/     2/3Min {USE this 1
http://finance.yahoo.com/q?s=^DJI             1m / java pop up
http://www.google.com/finance?cid=983582  1/3 Min { i AM watching?
http://www.dowjones.com/            >           1.5 {{ no connection
http://data.cnbc.com/quotes/.DJIA  >           plugin required = NC =   
http://www.djaverages.com/                       1 Min
page 7 http://www.stockpup.com/               10 Sec

[hirley0]

2012 May branch
ready to dominate the world stage  ?/?      photos will rotate CCW
     
        Michele_Bachelet Chili                 Chinchilla_Adelante Costa Rica


                                    Kirchner Argentina
                                INPUT WHEN is AVAILABLE#967 

[hirley0]

3



12:27:37 AM
Read 23524 1:23 pdt -27&30 Clearly i would like to bring the 3 of them
here to help get them in touch with each other. My search for their E-Mail
address on the WEB yesterday was futile. then again i understand that i
simplty AM NOT cleaver at communication myself & it will take more than i

[inode_buddha]

Official: Britain staggers into double-dip recession
http://www.theregister.co.uk/2012/04/25/another_british_recession

Not that things are much different in the US. Directly after the "dot-bust" I noticed much of the same over this side of the pond... the bubble during the middle of the decade was just papering over the cracks... The issues (effects on the populace) are remarkably similar.

[Cain]

On the other hand, the US didn't decide that "cut ALL the things" was a serious economic policy and as such, has growth on a level that would ensure reelection over here.

[inode_buddha]

On the other hand, the US didn't decide that "cut ALL the things" was a serious economic policy and as such, has growth on a level that would ensure reelection over here.

It may ensure er-election, yes, but IMHO it would also guarantee fiscal death. The US is out of its collective tree. Reading the comments in the El Reg article brings to mind a zillion of the exact same complaints I've been hearing for the last 12 yrs or so. Even tho they may be hurting, I appplaud our UK cousins for taking tha sane path (in the long run)