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And Now, For Some Great Economic News
Who says we focus only on the bad stuff (which is pretty much everything, if one were to strip out the tens of trillions in "one-time" support from fiscal and monetary authorities)? Here is some actual good news, from Bloomberg:
- FERRARI SEES 'OUTSTANDING' 2011 AMID ECONOMIC UNCERTAINTIES.
We are confident our readers in Zuccotti park will be delighted to hear this. So will the Ferrari dealership at 55th and Park.
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Are they getting funding from the EFSF too?
No, TARP- they are part of Fiat (Chrysler?)
Ferrari has a good angle of attack for scooping up OWS protesters and shoving them out of the way (like an old cattle guard). Not that I'm trying to encourage class warfare to hasten the inevitable civil war or anything...
Okay, yes I am. In other words, it's going to happen. Let's get it over with.
This is too funny. I just walked by there on Saturday. I can't remember how busy it was. I asked my friend from out of town if he wanted to stop in and buy a Ferrari. He did not. Unfortunately, he is not an overpaid financial blowhard. He is just a Midwestern working stiff. Instead we went up to the Upper West Side and ate greasy food and drank beer. I enjoyed that more than the Ferrari.
I heard only old blind buys like Ferraris in Manhattan.
I disagree.
I have been getting laid more and attracting younger chics with only a Mazda MX5 special edition.
I cant imagine how many chics you would attract driving around a Ferrari, or a beemer or mercedes.
Getting chics is the reason guys buy the expensive cars. They may pretend it is about horse power, performance, quality....I just laugh when I hear that.
You could pretty much write anything after this part and it would come out true.
...get jobs as bankers/traders? Check.
...occupy wall street? Check.
...run for president? Check.
...demand immunity before resignation? More or less.
I like this game!
Troll I wonder who voted you down. Is suggesting women are attracted to signs of wealth really that contentious?
Ferrari is efficient. They will not scoop up protestors only to dump them elsewhere. They will be transported to the Soylent Green Processing Plant.
a civil war connotes the people worth a shit in this country actually want to take over the governace of the whole or that the redistributors have the ability to impose their will on everyone.
we're not going to have a civil war. my guess is the US will experience a good, old fashioned political disintegration USSR style, only political rather than ethnic. the south will be the south. the northeast will be the northeast. the southwest will be mexico lite. and, everything in between will be a bunch of different things.
Occupy a Ferrari...
Pop some exlax, Put on a suit/tie, act like a pretentious fuck, test drive the new 458, and spray shit all over the interior
Indirectly ... yes.
Yup, bailouts -> million dollar bonuses -> expensive cars.
Yup, waiting to exercise my SARS and we're golden...so to speak.
No, but their President Luca Di Montezomelo rather fancies a top political job. Perhaps when that happens, all Taxi drivers in Rome will be obliged to drive FFs.
What's the difference between ferrari and fiat?
One goes vroom the other goes boom.
I had a Fiat in 1966. It was a great little sedan for the time, but when the rear end of my Fiat met the front end of a Ford station wagon at high speed my Fiat when boom. I don't recommend anyone else try it.
E- Everybody
F- Funds
S- Someone-else's
F- Fuck-Up
If only it wasn't in the middle of traffic congested Manhattan, they could do some flybys in a new 458 Italia, that would be just the ticket to get the rabble roused.
Looking forward to seeing a picture of a man leaning against his Ferrari with a sign on it saying "$100 will buy you this car, lost all in Stock Crash."
Except this time the sign will say "$100,000 will buy you this car..."
With hyperinflation there would be a lot more zeroes. Too many - I think we might need a bigger placard...
Except this time the sign will say "1.000 ozt Au will buy you this car ..."
(there, I fixed it for you)
To those that BTMFD, I salute you! Please drive safer than you invest!
#occupy Ferrari.
'I wanna go fast!'
http://www.youtube.com/watch?v=cwqZXvOoEX4&feature=related
-!- Fips_OnTheSpot changed the topic of #twitter to: Fips_OnTheSpot's last update: @zerohedge it's germans buying Ferrari
instead of physical gold - since no longer available
Banner year for coke dealers and hookers too
Yep, that's what Timmey's mom and dad are reporting
What's the difference between a cactus and a ferrari?
A cactus has pricks on the outside.
You could say the same about BMW. Why does it seem that every BMW is driven by an asshole?
Because BMW's are being driven by assholes?
I've been saying that for years. Never fails.
The BMW 3 Series was the telltale sign of the $30K Millionaire back in the day. It was typically leased, with payments being made on credit cards.
You could say the same about BMW. Why does it seem that every BMW is driven by an asshole?
Because like most upper end Mercedes,BMW, etcetc drivers are LEASING them, and their CEO's.
Well I own a 328i and an X3 for my wife, both are completely paid off, no debt. I'm not a CEO , I'm a Linux Kernel/Systems engineer. I scrimped and saved and bought CPO too. :) I also don't own a house as I'm not going to play that game! Figured a slightly used 328i or a new Honda Accord V6.. test drove both. No comparison!
Yeah, for the 1%, business is a-boomin' !
The anger should be focused not on the "rich" per se, but on the unfair advantages some of the rich have, such as bailouts and cozy relations with politicians, as well as advance notice of legislation and inside information that increases olugarchic wealth unfairly.
And the oligarchic rich would laugh at your naive view that $400,000 per year is rich (the majority of one percenters). It's nothing. Good luck having three kids in private schools on that income and making substantial contributions to retirement plans. You wont be able to afford that Ferrari. Comfortable yes. Rich definitely not.
I would bet that a lot of Manhattanites that make $400,000 per year are up to their fucking eyeballs in debt. Just look at how many former Lehman bankers were declaring bankruptcy in 2009. Those guys spend more irresponsibly than athletes. They all think their paycheck is testament to their never-ending brilliance instead of their ability to illegally manipulate markets.
The therapy sessions and STD treatments get expensive in the Big Apple of fiat ponzi. Not to be confused with Fiat Ferrari.
$400,000 per year in Manhattan?
If you attempt to live just an upper middle class life on that, then you will definitely be living paycheck to paycheck.
I had to laugh when BMW (or maybe it was Audi?? one of the two, anwyays)i was reporting no signs of a recession based on their YTD sales back in Sept. Like those of us who are affected by economic stagnation would be shopping at BMW or Ferrari or any of the other luxury dealerships, even in the good times.
Not hard to see where the money is going.
It was both Audi (VAG) and BMW plus Mercedes and Porsche. A lot of that is Asia as well. AUdi-VW is selling a bigger Paasat made in Tennessee for $19,000. It is a damn good deal except they Americanized it and it looks like shit. You can pick up Mercedes, Audis and BMWs on the lower end for not much more than some piece of shit GM or Chrysler made by UAW Obama loving scum.
The UAW types who smoke dope and drink 2 quarts of malt liquor on their lunch break.
lmfao
1% still #WINNING
god, fuck-in-dammit.
#occupywallstreet.
Ferrari = overpriced garbage
Ferrari = THE BEST!
/sarc off
when gold-digger say she don't want money, what she really mean is she want MOOOOOOOOOORE!
Ever driven one? They are neither overpriced or garbage. But the fact that such products can be viable on such a level of volume is an indicator of the extreme wealth disparity and the distortions that have occurred resulting from corruption and failed attempts at central economic planning that have become increasingly popular in the western world in recent decades.
Porsche Turbo (GT2) is superior for actual driving. Sorry.
Don't hate on performance, haters.... I can afford the negs ;p
If it's a 911 GT2 you're talking about, I disagree they are superior for actual driving. Porsche is married to the rear engine layout for the 911 due to its historical pedigree, but I find a mid-engined layout has much better balance and more consistent traction limit. Without all the electronic doo-dads, a rear-engine Porsche can be a bit of a handful on fall-away turns when that heavy ass wants to keep going straight.
The last line of your post reminded me of an old girlfriend.
You just have to keep your foot on the gas so the weight (pressure) won't redistribute
if you've got the gonads ---
Heh. The definition of oversteer is when you don't see the tree that kills you!
It's the pendulum affect and yes, it affects fat-assed ex girlfriends as well.
yes -- I have hung in the seatbelts of an upside down 911-- they will swap ends right now--you better be a gooood driver to take one to the limit.
the turbo version is 4WD!
Approximately 95% of all Ferraris are still on the road.
The other 5% managed to make it home.
lol yep, owning a Ferrari is not for the 99%. I can't imagine ever owning one even if I became fabulously wealthy. Lease/co-op maybe, but ownership? Nightmare.
I do know that any manufacturer of a vehicle priced at $200k+ should not use glue on heat shields resulting in that car becoming a very exspenive mobile crematorium.
A 1962 Ferrari 250GT sold for $12,500 in 1962. Which would you rather have displayed in your garage all these years? Which would be worth more today? Before you answer, decide if your $12,500 was fiat paper or silver dollars. Both were in circulation in 1962. If nothing else, the Ferrari would have been a great investment, the silver dollars even better, the fiat a poor investment. Can one even buy a new FourTwo of whatever it's called for that amount?
The 250 GTO sold new for $18,000 in 1962 Once was bought in 2008 by a British buyer for 15.7 million pounds or about $22 million.
Tell me any Porsche that apprciated like that? No 917s, 906s or 908s. $22 million? I bet you could buy five 917s for that.
The 911 GT 2 is a great car but if you pull up in a 458 - you will get more tail and I would guess the 458 on track could be driven faster by a decent drive.
I think I would like a Pagani Zonda R which holds the lap record at the Nurburgring.
Finally - the news the OWS have been waiting for. Protest OVER!!
Pimpin' aint easy, just profitable
All 19 employees are going to Disneyland.
The rich folks are fine. Thank goodness, I was beginning to worry.
Before you know it, there will be Ferrari shortages!!!
I'm buying a Ferrari the day I can trade a 1oz American Gold Eagle for one. That should be in 2013 or perhaps 2014.
HORSEISH!!!
To convey his empathy maybe Berlusconi should drive his Ferrari to Zuccotti with a few trays of veggy ziti:
I too am a PIIGy, this is all so unfair mia bella...lets get jiggy!
Having a Ferrari in New York City is like having erectile dysfunction while dating a super model. What good is that Ferrari in a city where 25 mph is dangerous?
New fad for the rich...burning money.
Picking up girls at 0 mph.
My favorite driving slow in a Ferrari story: A few years back a hot shot broker friend is out in the Hamptons and he finagles the keys to his buddy's Ferrari for the afternoon. After an hour or so off tooling around Bridgehampton trying to look cool he realizes the fuel gauge is dangerously close to 'E'
He pulls into a gas station but after 20 minutes of pressing buttons and walking around the car he still can't figure out how to flip open the fuel panel. So he ends up putting his tail between his legs and driving the thing back to the house as slow as he can possibly go to conserve what gas he has left....
you're right. for me ferrari's still the best. and after doing a research on car recalls for all makes, ferrari's recalls became my focus and realized that they have the least problems on their cars. someday i'll have my own. lol
Sold my Ferrari last week and couldn't be happier. In a year you may not be able to give one away.
Attention anyone with a Ferrari: you can give yours to me anytime.
In a year the people driving them will be targets.
Anyone remember a few months ago when Tunisia blew up. They grabbed the president or his brothers yellow 458 Ferrari and picked it up with a big forklift type of truck. I don't like the owners but the cars are beautiful.
Here it is. Stealing Ben Ali's Ferrari (he was the President)
https://www.google.com/#sclient=psy-ab&hl=en&source=hp&q=tunisia+ferrari&pbx=1&oq=tunisia+ferrari&aq=f&aqi=g1&aql=1&gs_sm=e&gs_upl=3828l14406l0l16187l17l6l0l0l0l0l2484l6937l4-2.1.0.1.1.1l6l0&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=421c380a7ed2a0ef&biw=1280&bih=822
https://www.google.com/search?q=tunisia+ferrari&hl=en&biw=1280&bih=822&prmd=imvns&source=lnms&tbm=isch&ei=bxC4TvGILafC2wXI4enMDQ&sa=X&oi=mode_link&ct=mode&cd=2&ved=0CBAQ_AUoAQ
Ahh it was a front engine Ferrari - f*cking Arabs have no taste. Mid engine all the way baby with a 458 for me.
So I guess I probably won't be buying one with zero down and zero percent financing for 60 months.
I'd buy a backhoe instead and bury the money. Then I'd go stock up on canned goods and popcorn and sit back and watch the show.
http://www.youtube.com/watch?v=aU2400Seblo&list=FLbRZZAixeFXZfqszvKisEdQ&index=4&feature=plpp_video
Charlotte Iserbyt: Skull & Bones, The Order at Yale Revealed - PT 2 of 4
it is worth your time.. if you would like some good information.
Send Obama's Witless Sycophants to occupy Skull&Bones.
Fuck the clowns in Z park. I want a shiny red one.
http://vegasxau.blogspot.com
Berlusconi is buying a bunch for him and his cronies so they can make for a quick escape across the Alps.
LOL... Funny...
Where are they going to go?
They're going to egg Draghi's office.
I feel much better and decided not to short GRPN when puts are allowed. I am sure Groupon will have coupons out shortly to rev up Ferrari sales to an even higher degree. This is great. Thank you Tyler.
Is that a complete english sentence? outstanding what? debt?
FYI: I don't read ZH for hopium propaganda bullshit. State controlled MSM and the likes of CNBS have that market covered.
Just the facts
Not to brag here but I just paid $2,500 for an 1982 coupe deville. 4.1 liter small block V-8 so it gets about 25mpg on the highway and it's a pretty looking sweet ride. Same model Robert De niro drove in Casino. Not the same thing as buying a $250,000 Ferarri but I look at it this way. If it breaks down I'll have $247,500 in my repair budget.
Billions of dollars of wealth has been created
With retail stocks like ULTA gaining 700% in 3 years.
PigMen, Politicials, and Enterprising Speculators have all cashed in on the biggest financial bonanzas of all time:
The steepest, fastest specialty retailer stock climb in NYSE history.
A plethora of absolutely fantastic runs: SBUX, LULU, BWLD, NUS, BBBY, PNRA, etc.
No wonder Ferrari sales are going through the roof.
Gold Co's such as Allied Neveda have vastly outperformed ULTA.
Give me some more names and tickers Tojo.
Franco Neveda FNV.TO, Colossus CSI.TO, Alexco AXR.TO/AXU, First Majestic FR.TO/AG....all optionable.
Future 4 baggers Primero P.to/PPP, Newstrike Capital, NES.to, DiaBras DIB.V
Mining stocks are a FAIL!
MINING STOCKS ARE FOR SUCKERZ! BITCHEZ!!
Is there anyway to go long repo's and short new sales for Q4?
Jokes on the suckers who bought them. What good is a Ferrari going to be at $200 a barrel...
"What good is a Ferrari going to be at $200 a barrel"
It's gonna be great...what's a few grand more in gas when your selling it for billions upon billions more. Probably half their sales are to the middle east.
Euro hits 1.15 I am buying my Ferrari and I wont be to worried about the price of gas Ill be going long oil ;)
Why cant more companies go out and be like Ferrari? Italy's problem not enough 1%.
Sorry pal - too late to change your reputation now, the damage is already done; opinions have been formed on this site...
This kind of rare attempts to deviate from objective reporting towards positive/forever optimist bias it reminds me of Cramer talking positive about gold once in awhile and claiming to be a bull ... or the infamous Nadler, TGL etc. etc. the list is too long to care ...
:-)
.....the difference between a Ferrari and a porcupine....on the one hand the pricks are on the inside, and on the other....
Any chance of me getin' one of those two legged Italian Ferrari models... if a man is going to crash an burn might as well be with something he cannot afford financially or emotionally.
Upon hearing this, one young man in Zuccotti Park asked,
"Wasn't she the first female Vice Presidential candidate?"
Hey, the King Kleptocrats have to ride around in style... and can afford it! Sorry for them, these machines will be locked away in garages, under sheets. Conspictuous consumption will be walking/moving targets for rage.
Any truth to the rumor that Ferrari will be coming out with a new edition, featuring OWSers as hood orniments???
I'll wait and see what Lamborghini and McLaren have to say.
I have 2 Beemers and give a crap about what anyone has to say about it
Naa, woun't notice it. To busy raping the womenfolk to care:)
You forgot to call this "How QE2 helped Main Street, example 2."
Latest NASDAQ chart porn suggests fun times ahead:
http://stockmarket618.files.wordpress.com/2011/11/2011-11-05_nas-8_x.png
Ferraris may be booming, but Wally Yachts seems dangerously close to going BK. Mixed signals...
Economic price vs demand elasticity is most rigid at the top end, where surplus only competes with mega surplus and mega mega slurps...So Enzo was/is in the right niche whoever buys his stuff; champers is champers all the way round the globe.
I see what you did there.
+100