Jump to content

On Today's Program- Mahler's Funeral March 3/13/20


Recommended Posts

2 hours ago, fxfox said:

Doc posts Mahler's funeral march? OMG, this is worse than I thought. This does not mean that A low is in, no, it is THE low.

Damn it!

I am testing the theory. I want to see if I have the power to break the jinx. 

 

Link to comment
Share on other sites

  • Replies 152
  • Created
  • Last Reply
2 hours ago, fxfox said:

German government just said credit will be given to every firm/company without ANY limits.

Any word yet on what this means? I hope they can buy back their stocks with it.

I found a Bloomberg story about it.

https://www.bloomberg.com/news/articles/2020-03-13/germany-will-provide-unlimited-liquidity-to-help-virus-hit-firms?srnd=fixed-income

I especially loved this. It's about the EU not Germany, yet.

"The commission also said the EU’s own investment fund will guarantee 8 billion euros ($8.9 billion) of loans to 100,000 small-and-medium sized enterprises. Affected companies will be able to delay the payment of their existing loans."

What's not to like. New credit and no need to pay off any loans.  

Link to comment
Share on other sites

It must be a weird primate behavior that causes groups of otherwise intelligent individuals to default to lowest-common-denominator thinking - and moreso where that lowest-common-denominator is emanating from someone in a leadership position.  Why does stupid sell so much faster/better than smart?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...