| Topic: | Re:Re:Re:Re:Re:Re:Re:Property sales | |
| Posted by: | Russell Baines | |
| Date/Time: | 20/03/08 15:31:00 |
| Sixteen of the biggest, fattest porkiesOf course there are zillions more equally juicy lies floating around out there, but we reckon Peter Tasker, a Tokyo-based analyst and occasional author, has come up with some choice specimens - and just in time for a lighthearted, two-minute Easter read: The top 16 big, fat lies de nos jours 1. Derivatives reduce volatility 2. The BRIC economies are decoupling 3. Inflation is 2 per cent 4. Greenspan was a maestro 5. The Chinese won’t let their market fall in Olympics year 6. (Junichiro) Koizumi reformed Japan 7. The Americans are devoted to free market solutions 8. The Swiss are prudent 9. The French are brilliant derivatives traders 10. The UK is suffering a housing shortage 11. Private equity funds add value to the companies they buy 12. The cap rate for real estate should be the government bond yield 13. Alastair Darling is in charge of the situation 14. Ben Bernanke is in charge of the situation 1 5. The G8 is in charge of the situation 16. Anyone is in charge of the situation |