Fiat SpA (F) will cut investments in Europe by 500 million euros ($632 million) and PSA Peugeot Citroen plans to sell a larger stake in its trucking unit as the region’s automakers grapple with an extended market slump… Peugeot, Europe’s second-biggest carmaker, plans to sell at least 50 percent of its profitable Gefco trucking unit,…
Tag Archive for Fiat
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Our central bankers are intellectually bankrupt – Ron Paul in FT
by Newswires • • 0 Comments
by Ron Paul The financial crisis has fully exposed the intellectual bankruptcy of the world’s central bankers. Why? Central bankers neglect the fact that interest rates are prices. Manipulating those prices through credit expansion or contraction has real and deleterious effects on the economy. Yet while socialism and centralised economic planning have largely been rejected…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Money from Nothing: A Primer on Fake Wealth Creation and its Implications (Part 1)
by Charles Hugh Smith • • 0 Comments
Frequent contributor Zeus Y. explains how the financial system creates fake “wealth” from nothing and why the entire delusional scheme is imploding.
“Only God can create… value out of nothing”—Justice Martin V. Mahoney in First National…
Bears Chat, Best of the Forums, Must Read
Chrysler profitable 2011, now bailing out Fiat
by Bears Chat at The Wall Street Examiner • • 0 Comments
NPR link
Sales up 25%, quality survey results up, repaid 8 billion loan, now helping Fiat parent company.
Driven by the pre-ACA US healthcare system into bankruptcy, Chrysler handed off 255K retiree and their pensions to the govt pension board.
Bears Chat, Best of the Forums, Must Read
Printing of Fiat
by Bears Chat at The Wall Street Examiner • • 0 Comments
The worlds Feds/banks are frantically attempting to fight the massive debt induced deflationary pressures by the only tool they have available, the printing press. By suppling created out of nothing fiat US dollars to their brothers and sisters in cri…
Bears Chat, Best of the Forums
Ferrari has a Great Year Despite Downturn for Peasants
by Bears Chat at The Wall Street Examiner • • 0 Comments
NEW DELHI — Italian luxury sports car maker Ferrari said Monday it expected 2011 to be one of its best sales years ever despite the global economic downturn.
Ferrari, part of Fiat Group Automobiles, said it expected to sell around 7,000 cars glob…
Bears Chat, Best of the Forums
King Dollar Is Being De-Throned
by Bears Chat at The Wall Street Examiner • • 0 Comments
A couple of weeks ago as the markets were tanking and everyone was running around like a chicken with its head cutoff; i was quietly watching the markets, currencies and commodities and trying to decipher what was happening and all the while i notic…
Bears Chat, Best of the Forums
And when in doubt, trot Warren Buffet out
by Bears Chat at The Wall Street Examiner • • 0 Comments
All stock shorters of Bank of America take heed. For, according to the WSJ blog, here:
http://blogs.wsj.com/marketbeat/2011/08/25/bank-of-america-shares-jump-on-buffett-
investment/
Warren Buffett is piling into BAC stock. LOL, and it was just two da…
Bears Chat, Best of the Forums
The Wizard of Oz
by Bears Chat at The Wall Street Examiner • • 0 Comments
I’m not sure where the pervy munchkins fit in, but I didn’t know this detailed allegory before:
Gold: 40 Years Since Bretton Woods
QuoteThe interpretation of the film is clear. Dorothy (Everyman American) is lost in a (financial) storm. She is joined …
Bears Chat, Best of the Forums
Bitcoin P2P Currency: The Most Dangerous Project We’ve Ever Seen
by Bears Chat at The Wall Street Examiner • • 0 Comments
This is curious, have not dug into the details yet.
One thing doesn’t compute right out of the gate, i.e.
“can’t be tracked” yet “contain a chain of ownership”?
Could these give not only fiat currencies but also gold competition?
“Only 21M can be mad…
