Imminent and severe market correction

[davo8]

Doesn't that article explain exactly why Germany is able to "keep its powder dry" rather than join the Keynesian gravy train?

What good will Keynesian-style countercyclical stimulus packages do to inspire the frugal German consumer? It's easy for Merkel to criticise, but who will buy all the BMWs that employ such a large number of Germans?

Germany is a mercantilist economy, like the Japanese, Chinese, Koreans, etc. In fact, these countries are the only ones which should be stimulating consumption, since their current account surpluses are part of the problem.

Much more here: http://tradeandtaxes.blogspot.com/

For consumer countries in debt deflation, stimulus makes things worse.

 

[wayneL]

私は私およびあなたのあなたの映像を持っている
「私を愛する書いた」私が書いた「追随的」
私はそこに凝視を坐らせ、あなたの毛が茶色の色にOhそれをすることを何もあるある
あなたの目は雲としてハシバミそして柔らかい
私は頻繁に誰もあるとき接吻する

私はあなたの映像を持っている、私は私があなたの百万をすべての円形私が医者にあなたの映像を撮ってほしい従って私はまたあなたの中から持っている出て来ていたりおよび回っていたりおよび提出していたりおよび「円形回っている私を見てもいい私の細胞好むあなたの映像を持っている

私は日本人を回している
私は私が私が実際にそう考える日本人を回していることを考える
回転日本語
私は私が私が実際にそう考える日本人を回していることを考える
私は日本人を回している
私は私が私が実際にそう考える日本人を回していることを考える
回転日本語
私は私が私が実際にそう考える日本人を回していることを考える

性無し、薬剤無し、ワイン無し、女性無し
楽しみ、罪の当然それ私のまわりで暗くない皆である皆がサイクロンのレーンジャーのように私を避ける見ず知らずの人そういうわけで私が日本人を回している

 

[moXJO]

私は私およびあなたのあなたの映像を持っている
「私を愛する書いた」私が書いた「追随的」
私はそこに凝視を坐らせ、あなたの毛が茶色の色にOhそれをすることを何もあるある
あなたの目は雲としてハシバミそして柔らかい
私は頻繁に誰もあるとき接吻する

私はあなたの映像を持っている、私は私があなたの百万をすべての円形私が医者にあなたの映像を撮ってほしい従って私はまたあなたの中から持っている出て来ていたりおよび回っていたりおよび提出していたりおよび「円形回っている私を見てもいい私の細胞好むあなたの映像を持っている

私は日本人を回している
私は私が私が実際にそう考える日本人を回していることを考える
回転日本語
私は私が私が実際にそう考える日本人を回していることを考える
私は日本人を回している
私は私が私が実際にそう考える日本人を回していることを考える
回転日本語
私は私が私が実際にそう考える日本人を回していることを考える

性無し、薬剤無し、ワイン無し、女性無し
楽しみ、罪の当然それ私のまわりで暗くない皆である皆がサイクロンのレーンジャーのように私を避ける見ず知らずの人そういうわけで私が日本人を回している

Turning Japanese?

 

[Aussiejeff]

Turning Japanese?

Unca Sam San?

 

[explod]

Turning Japanese?

Weeeelllll youraaareaaaaalll just a heap of shunts.

And I am going for a cardenay



Uncle Ben, love ya maaaan

 

[Bushman]

Turning Japanese?

With Bernanks cutting rates to 0-0.25% the answer is a resounding YES!

Now we are left with the 'unconventional' measures...apparently Ben is sending Mick Gatto over to 'pressure' the Ivy Leaguers to open up the coffers and start lending.

I think Chopper Read would be more effective and it would make a good read when he publishes the story in a couple of years.

Happy days...

 

[Aussiejeff]

Hehe.

Some Wall Street pundits are postulating that since the economic news couldn't get any worse (could it really?) the only way forward for stocks now is UP, UP and AWAAAY!

It's bear shootin' season.... :hide:

 

[sassa]

So will the American dollar now replace the yen in the carry trade?

 

[wayneL]

So will the American dollar now replace the yen in the carry trade?

With competition from the North Sea Peso (£).

We're going to zero too... watch.

 

[Sean K]

We're going to zero too... watch.

Maybe they can go negative negative. They pay you interest to take money off them?

 

[wayneL]

You gotta love this guy, LOL:

 

[Wysiwyg]

3 weeks ago I flew to Perth Virgin Blue and return Qantas.

The V.B. flight over was

A) delayed 2 1/2 hours with a mechanical problem, a new aircraft was sourced.
B) the leg room for an over 6 footer is terrible, many tall people were stretching their legs in the aisle.
C) no free tucker in flight, have to pay for it

The Qantas flight back was on time, additional leg room and free food and drinks.

FREE TUCKER IN FLIGHT PLEASE RICHY ... AYY :

 

[chops_a_must]

"... but I think I better had not have said that"

ROFL... Lets put this at the end of some famous quotations shall we?

Kepler: "Orbits are elliptical, but I think I better had not have said that"

Caesar: "You too, Brutus, my son? But I think I better had not have said that"

Descartes: "I think, therefore I am. But I think I better not have said that. However, does thinking not, imply that I am not?"

Last one has some poetic license. :

 

[chops_a_must]

3 weeks ago I flew to Perth Virgin Blue and return Qantas.

The V.B. flight over was

A) delayed 2 1/2 hours with a mechanical problem, a new aircraft was sourced.
B) the leg room for an over 6 footer is terrible, many tall people were stretching their legs in the aisle.
C) no free tucker in flight, have to pay for it

The Qantas flight back was on time, additional leg room and free food and drinks.

FREE TUCKER IN FLIGHT PLEASE RICHY ...

That was the whole point with Virgin though.

 

[Aussiejeff]

Now I know we REALLY ARE deep in the doo-do's -

-----------------------

Herald Sun News

December 18, 2008 10:44am

THE sister of supermodel Elle Macpherson has declared herself bankrupt.

Mimi Macpherson was due to appear in the Federal Magistrates Court in Melbourne today for a bankruptcy hearing, but the court heard she declared herself bankrupt yesterday.

Omiros One, a Queensland property company, was seeking money from Ms Macpherson, with a brief court hearing today awarding costs to the company.

Ms Macpherson is known for her passion for whales and has appeared as a presenter on the Discovery channel.

---------------

Just another one of many higher profilers starting to go down the financial gurgler.

I'm also starting to notice on my occasional travels that a lot of well respected shops in the region around Wodonga have already become vacant shells or have "for sale" or "for lease" signs up.

Merry Xmas? For some.

Easter? For businesses looks like it will be el-crappo by then.

**DING, DING** - "Bring out yer debt, all that luverrly debt!"

 

[Sean K]

Now I know we REALLY ARE deep in the doo-do's -

LOL, bankrupt over a $100k debt.

Codswallop!

I'm sure Elle has her money stashed in a bank account in the Caymans.

If legit though, I'd be happy to help her out with a home movie.

 

[CAB SAV]

Now I know we REALLY ARE deep in the doo-do's -

-----------------------

Herald Sun News

December 18, 2008 10:44am

THE sister of supermodel Elle Macpherson has declared herself bankrupt.

Mimi Macpherson was due to appear in the Federal Magistrates Court in Melbourne today for a bankruptcy hearing, but the court heard she declared herself bankrupt yesterday.

Omiros One, a Queensland property company, was seeking money from Ms Macpherson, with a brief court hearing today awarding costs to the company.

Ms Macpherson is known for her passion for whales and has appeared as a presenter on the Discovery channel.

---------------

Just another one of many higher profilers starting to go down the financial gurgler.

I'm also starting to notice on my occasional travels that a lot of well respected shops in the region around Wodonga have already become vacant shells or have "for sale" or "for lease" signs up.

Merry Xmas? For some.

Easter? For businesses looks like it will be el-crappo by then.

**DING, DING** - "Bring out yer debt, all that luverrly debt!"

She should have re-released the home made video her boyfriend took few years ago, might not have stopped her going down though.

 

[chops_a_must]

She should have re-released the home made video her boyfriend took few years ago, might not have stopped her going down though.

Lol... exactly my thoughts.

 

[GreatPig]

If she's that broke, maybe she could be talked into making another one.

GP

 

[Glen48]

I heard Toyota has announced a loss the first time in 71 years.
A Mimi video on a Camary DVD played will get them both moving.