Porsche

Tyler Durden's picture

The Nazi Economic Mirage





Hitler’s policies are still viewed to this day as a great example of how unprecedented government intervention fixed a dire economic problem. In short, Hitler laid a golden egg and produced an economic miracle. As early as 1933, even before any miracle could be seen, the New York Times had nothing but praise for his ambitions, according to the following front page headline: “There is at least one official voice in Europe that expresses understanding of the methods and motives of President Roosevelt—the voice of Germany, as represented by Chancellor Adolf Hitler.” Unfortunately for the people living under the Third Reich, this was never allowed to happen. All of these efforts became increasingly subordinated to the logic of war.

 
Tyler Durden's picture

Frontrunning: April 13





  • As reported here first a month ago: The $9 Trillion Short That May Send the Dollar Even Higher (BBG)
  • As an instant target for foes, Clinton may struggle to get message heard (Reuters)
  • Emerging Stocks Rally 11th Day as Aussie Weakens on China (BBG)
  • Puerto Rico, Investors Enlist Ex-IMF Officials (WSJ)
  • Dollar’s Rise Reshuffles Global Economy (BBG)
  • Indonesia eyes regular navy exercises with U.S. in South China Sea (Reuters)
  • Banca Monte dei Paschi Breaches Exposure Limits to Nomura (WSJ)
  • European Bond Buyers Find Negative Doesn’t Necessarily Mean Bad (BBG)
 
Tyler Durden's picture

Frontrunning: April 2





  • Samaras Says He’d Join Alliance to Keep Greece in Euro (BBG)
  • Tensions with Warren camp could loom over Clinton campaign (Reuters)
  • Ackman Report on Herbalife in China Figures in Probe (WSJ)
  • Al Shabaab storms Kenyan university, 14 reported killed (Reuters)
  • Iraq’s Four-Mile Line of Supertankers Fuels Shipping-Rates Surge (BBG)
  • Menendez's fate could sharpen Republicans' edge in Senate (Reuters)
  • IRS Chief Chides Ted Cruz Over 'Abolish the IRS' Mantra (BBG)
  • Yemen Houthi fighters backed by tanks reach central Aden (Reuters)
 
Tyler Durden's picture

A Day In The Life Of A Falling BRIC





It’s not that long ago, in 2001, that Jim O’Neill, then still with Goldman Sachs, coined the term BRICs, for the fast emerging markets of Brazil, Russia, India and China. O’Neill saw a global power shift from the west to these four nations happening. Fast forward to today, and we see Russia under multiple attacks, including economic ones, from the west, as India just announced the second rate cut this year and China is attempting controlled demolition of the possibly biggest financial bubble in the history of the world. And Brazil? If anything, it’s falling even faster off its pedestal than the other three nations.

 
Tyler Durden's picture

NYC Residents Pay $2-3,000 A Month For “Micro-Apartments” As Luxury Car Sales Outpace Regular Car Sales





It’s an oligarch’s world, you’re just living in it. One of the main reasons that hyper-luxury cars are outselling regular cars, is because all of the wealth gains from the oligarch recovery are going to, well, oligarchs ... Global policies implemented since the oligarch created financial melt-down, have been used to cover up its criminality, and further advance the status quo’s consolidation of wealth and power. A continuation of this trend presents the greatest threat to liberty, free markets and an evolution of human consciousness on the planet today.

 
Tyler Durden's picture

Frontrunning: February 19





  • Greece requests euro zone loan extension, offers big concessions (Reuters)
  • Germany Rejects Loan Request Saying Greece Must Meet Conditions (BBG)
  • Did the Fed Just Enter the Currency Wars (BBG)
  • French consumer prices fall for first time since 2009 (Reuters)
  • Oil falls sharply after U.S. crude inventories rise (Reuters)
  • High-Speed Firm Virtu Revives IPO Plans (WSJ)
  • Fed Tiptoes Into Rate-Hike Debate (Hilsenrath)
  • Rajoy’s Nemesis Is Back: Anti-Graft Editor Targets Vote (BBG)
 
Capitalist Exploits's picture

This is the Land of Milk and Honey





This country has gone from being one of the most regulated countries in the OECD to one of the least regulated and as a result the economy has boomed. Many of the wealthiest people in the world have been quietly establishing escape hatches here.

 
Tyler Durden's picture

Frontrunning: February 2





  • Germany Sees No Need to Scrap Troika in Overseeing Greek Turnaround (WSJ)
  • European markets subdued as Chinese data weighs (Reuters)
  • U.S. Oil Workers Strike Enters Second Day as Crude Prices Slide (BBG)
  • Oil prices rally above $55 as investors pile in (Reuters)
  • Obama Wants a New Tax on U.S. Companies' Overseas Profits (BBG)
  • If Trading Bonds Is Hard, Think About Pain When Rates Rise (BBG)
  • Julius Baer Braces for Swiss Franc Impact (WSJ)
  • Coke, Budweiser win as Super Bowl ad battle gets serious (Reuters)
 
Tyler Durden's picture

Frontrunning: January 28





  • Fed seen remaining patient with rate guidance amid global turmoil (Reuters)
  • National Weather Service apologizes for blizzard forecast miss (CBS)
  • Greek PM Tsipras pushes on with radical change, markets tumble (Reuters)
  • Obama Drops Plan to Raise Taxes on ‘529’ College Savings Accounts (WSJ)
  • Hard Choices on Easy Money Lie Ahead for Fed Chief (Hilsenrath)
  • Debt That Once Boosted Its Cities Now Burdens China (WSJ)
  • Skymark Said to File for Bankruptcy After Airbus Deal Flops (BBG)
  • Heavy Fighting Drains Ukraine Government’s Options and Finances (WSJ)
 
Tyler Durden's picture

Frontrunning: January 12





  • Earnings Pessimism Jumps as Oil Threatens S&P 500 Growth (BBG)
  • It’s Amateur Hour in the Booming Chinese Stock Market (BBG)
  • France mobilizes 10,000 troops at home after Paris shootings (Reuters)
  • European Stocks Gain With S&P 500 Futures While Oil Drops (BBG)
  • Nasdaq Looks to Operate Dark Pools for Banks (WSJ)
  • This Guy Called Bonds in ’14. You Listening This Time? (BBG)
  • Paris attacks boost support for Dutch anti-Islam populist Wilders (Reuters)
  • OPEC price war in Asia intensifies as oil falls below $50 (Reuters)
 
Tim Knight from Slope of Hope's picture

Pity the Sub-Genius





They say be careful what you wish for. And, as is often the case, "they" are right.

 
Tyler Durden's picture

Vatican Blesses Porsche, Blocks Plebs From Sistine Chapel





For the first time in the 600-year history of Michelangelo's masterpiece, Pope Francis has decided to rent out the Sistine Chapel for an $8000-per-head Porsche Travel Club concert. What makes this unprecedented action even more 'interesting' is the fact that The Vatican - in all its omnipotent wisdom - also made an announcement that it will be limiting the number of vistors (read 'common folk') allowed inside the chapel and as IBTimes reports, demanding vistors must be silent and cannot take photographs. So much for Pope Francis' "poor Church of the poor."

 
Tyler Durden's picture

What The "Porsche Indicator" Tells Us About The Greek "Recovery"





As the "Big Mac Index" is to global purchase price parity levels of inflation, so when it comes to the state of the "recovery" if not for everyone, then certainly for the 0.1%, there is no better metric than the "Porsche Indicator." Recall: "Porsche Reports Record Sales in 2013; 21 Percent Increase Over 2012" which certainly didn't come on the back of yet another year of declines in real incomes for the middle class (spoiler alert: it came on the back of some $10 trillion in liquidty injections by the world's central banks). Yet one place where the "Porsche" recovery forgot to make landfall, is none other than the biggest casualty of Europe's artificial monetary, political and wealth-transferring union: insolvent Greece.

 
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