TheBramble's Random Squawk

This is a discussion on TheBramble's Random Squawk within the General Trading Chat forums, part of the Reception category; “Solution to EU financial issues must start with the idea that you can't repeal the laws of economics. Even if ...

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Old May 28, 2012, 8:39pm   #61
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Re: TheBramble's Random Squawk

TheBramble started this thread “Solution to EU financial issues must start with the idea that you can't repeal the laws of economics. Even if they are inconvenient”. - Lucas Papademos ‏. Ex governor of the Bank of Greece, ex Vice President of the ECB and ex Prime Minister of Greece.


Repeal? ‘Understand’ would be a good start. ‘Not ignore’ would come next.
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Thanks! The following members like this post: scose-no-doubt
Old May 28, 2012, 9:36pm   #62
 
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Re: Pasty Tax

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Huzzah!!! The UK Governement is to reverse it's budget ruling on applying tax to warm pasties.

BUY GREGGS.
##Forget Greggs. Buy Philps pasties of Hayle (near Penzance) - the best,
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Old May 28, 2012, 11:19pm   #63
 
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Re: Pasty Tax

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Huzzah!!! The UK Governement is to reverse it's budget ruling on applying tax to warm pasties.

BUY GREGGS.
Cringe

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Old May 29, 2012, 7:32am   #64
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China cleaning up its act?

TheBramble started this thread The National Development and Reform Commission (NDRC) approved more than 100 projects on May 21 alone, mostly in clean energy sectors. Tis is a significant increase on approval rates for such projects and underlines China’s infrastructure upgrades as part of stimulating the domestic economy. What is also telling is that previously state-controlled monopolies are giving way to private investment.

While China will ensure local resource and materiel are utilised to the maximum, they will be looking to spend some of their surplus on imported expertise and consultancy.






edit: Although all of the above is now being denied according to different unofficial sources.

When doing business in China it is worth remebering a nod does not necessarily mean Yes, the word Yes, does not even necessarily mean yes and a smile does not necessarily mean I like you or I am happy. Doesn't necessarily mean it doesn't either.

Last edited by TheBramble; May 29, 2012 at 10:04am. Reason: official leak of unofficial denial of earlier unofficial leak
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Old May 29, 2012, 8:01am   #65
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Re: TheBramble's Random Squawk

TheBramble started this thread OEKB the Austrian financial services insurer, information and service provider to capital markets has closed the door to all Greece related products or services.

“The current developments in Greece give rise to the danger of non-payment. Therefore, new deliveries to or services for Greek contractual partners are no longer covered at this time.”
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Old May 29, 2012, 8:06am   #66
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Re: TheBramble's Random Squawk

TheBramble started this thread JP Morgan sell off $25 billion in profitable securities to lift EPS by 16 cents. Investors surely realise cutting profitable investments to subsidise less successful ones (think London, think large water borne mammal), paying tax on the gains in the process and being unlikely to find investments with anything like a similar performance for the residual sale proceeds is not a viable long term strategy.
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Old May 29, 2012, 8:19am   #67
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Re: TheBramble's Random Squawk

TheBramble started this thread Spain Retails sales down around 10% YoY. Not sure that’s news really.

But another post – another $0.81 into my t2w post-click account.
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Old May 29, 2012, 8:27am   #68
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Re: TheBramble's Random Squawk

TheBramble started this thread Not only are wages rising in China, they are also diverging. Public & state workers’ salaries increased by 8.5% in 2011 while private sector workers increased by 12.3%. One of the reasons that almost one quarter of EU companies currently having operations in China are planning on relocating them to SE Asia and/or S. America.

ISTR a theory which had the financial locus of power moving Westward on an approximate 50-year cycle.

So with SE Asia unlikely to be too far behind China in terms of growth and all the developments that endows, and the S. Americas already starting to lose their lustre, I’d cut out the middleman and head straight to Africa. Tanzania and Nigeria are going to be key. By 2030 there will be as many Nigerians as there are Americans today. Think of all those lotteries….
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Old May 29, 2012, 8:52am   #69
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Re: TheBramble's Random Squawk

TheBramble started this thread Moody's have downgraded the Northern Italy Earthquake from a 6.0 to 5.8.

This recession touches everything...
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Old May 29, 2012, 8:55am   #70
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Re: TheBramble's Random Squawk

TheBramble started this thread “Spain doesn't need EU help for its banks” - Garcia-Legaz (dep. Trade Minister).

For those who don’t speak Castilian, a rough translation “Spain will shortly request financial aid from the EU for its banking sector”.
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Old May 29, 2012, 9:03am   #71
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Re: TheBramble's Random Squawk

[QUOTE=TheBramble;1867618]Not only are wages rising in China, they are also diverging. Public & state workers’ salaries increased by 8.5% in 2011 while private sector workers increased by 12.3%. One of the reasons that almost one quarter of EU companies currently having operations in China are planning on relocating them to SE Asia and/or S. America.

ISTR a theory which had the financial locus of power moving Westward on an approximate 50-year cycle.

So with SE Asia unlikely to be too far behind China in terms of growth and all the developments that endows, and the S. Americas already starting to lose their lustre, I’d cut out the middleman and head straight to Africa. Tanzania and Nigeria are going to be key. By 2030 there will be as many Nigerians as there are Americans today. Think of all those lotteries….[/QUOTE.]

.........and accounting students...
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Old May 29, 2012, 9:06am   #72
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Re: TheBramble's Random Squawk

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Originally Posted by TheBramble View Post
Not only are wages rising in China, they are also diverging. Public & state workers’ salaries increased by 8.5% in 2011 while private sector workers increased by 12.3%. One of the reasons that almost one quarter of EU companies currently having operations in China are planning on relocating them to SE Asia and/or S. America. ISTR a theory which had the financial locus of power moving Westward on an approximate 50-year cycle.

So with SE Asia unlikely to be too far behind China in terms of growth and all the developments that endows, and the S. Americas already starting to lose their lustre, I’d cut out the middleman and head straight to Africa. Tanzania and Nigeria are going to be key. By 2030 there will be as many Nigerians as there are Americans today. Think of all those lotteries….
dont give them ideas B....i'm on my 5th Blue chip corporate and was hoping for some work to finally come back to the UK in my current one !
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Old May 29, 2012, 9:21am   #73
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TheBramble started this thread
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dont give them ideas B....i'm on my 5th Blue chip corporate and was hoping for some work to finally come back to the UK in my current one !
Well, if the 50-year cycle thingy is correct, your hopes should be realised in just over 100 years from now.

You're not planning on retiring early?
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Old May 29, 2012, 9:34am   #74
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Re: TheBramble's Random Squawk

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Well, if the 50-year cycle thingy is correct, your hopes should be realised in just over 100 years from now.

You're not planning on retiring early?
Nope..... that would mean spending time with the wife and mother in law...give me work anyway
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Old May 29, 2012, 9:48am   #75
 
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Re: TheBramble's Random Squawk

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“Spain doesn't need EU help for its banks” - Garcia-Legaz (dep. Trade Minister).

For those who don’t speak Castilian, a rough translation “Spain will shortly request financial aid from the EU for its banking sector”.
Lmao, youve just made my day with that one!
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