Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1370810 Comments:2390
After losing market share Sany responded by unlocking GPS disablement that are normally included in vendor finance deals and removing the 20% deposit requirement on new machinery .
As China slows,
As China slows, its construction equipment makers have been accelerating production based on the simple idea that long-term survival can be ensured by getting big, fast.
....plan of raising huge bank loans of up to 140 billion yuan (US$22.2 billion) , this seems an extraordinary amount of debt to raise for as yet an unstated purpose.
who with that heavy machinery available built one of those ghost cities you keep hearing about (if you follow this Google map link you can explore the scale of these cities for yourself)
This is economic madness on a scale never before seen in history and it wont end well for anyone."
ALL of the Above is written about extensively in Manias, Panics, and Crashes is a durable guide to meditation: wise, witty, and ... after reading Charles MacKay's classic, Memoirs of Extraordinary Delusions ...
mcgowanjm posted on 2012-07-08 9:36:44 ET Reply Trace Private Reply Edit #465. To: All (#464)
Argentina announces Capitol Controls on the US $.
Reasons for having dollars. Savings not one of those reasons.
According to Argentina....;}
# Argentina: it's official, no more dollars! | beyondbrics blogs.ft.com markets
1 day ago Latin America & Caribbean ... The Argentine government formally announced on Thursday that its ... will no longer be able to convert their savings from pesos to dollars, ... People doing these transactions will have to make the payments in ... Tags: Argentina peso, Argentina-dollar, capital controls, foreign ...
1 post - 1 author - yesterday The Argentine Central Bank announced on Thursday it will officially ... The latest move banning the purchase of dollars for savings is an ... In reality since last June 14, it was impossible to legally purchase US dollars for savings since no ... The central bank said banks will have to put 5% of their total private ...
A Bronx Tale:
Neighbor hood Wise Guy to Idiot Bar Crashing Bikers:
'I'm askin' youse to leave now.'
Idiots ignore warning. Proceed to start trashing bar.