Aucklander's comments

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Why is anyone at all shocked? The continued bailouts have only delayed what should have begun two years ago. The markets are now reminding weak central bankers that higher risk = higher borrowing rates. The markets are beginning to function properly again, and we should all be encourged by this nascent rebirth of capitalism.

Oct 16th 2010 10:08 GMT

Gut Morgen. I vould like to purchase for ze sale one large shipping container of frozen hamburgers. Ve can take as many as you got.
Please make reply to my Ad for ze following address.
f.a.o. Ze manager, McDonalds, Zurich.
p.s. We can also keep cash for you unter ze counter, know what I mean?, vink, vink.

Jul 5th 2010 9:35 GMT

New Zealand's Prime Minister John Key doesn't need the money, he made his approximately $NZ 50M fortune in banking. The rumour is he doesn't actually draw the salary.

Jun 24th 2010 10:04 GMT

Its the job of business to exploit consumption, and the job of government to regulate the markets and protect consumers. If government had done a better job of regulating and protecting, and keeping their sticky fingers out of everything else, we wouldn't be in this mess. The government is the people. Time to take the power back from business.

Jun 17th 2010 10:39 GMT

Once again we see the socialisation of private losses. Those that made riculous speculative bets and lost should forfeit any remaining assets to the state, which should be sold to pay for vital services, insteading of increasing the tax burden and reducing the quality of life3 the average citizen who is now having to pick up the tab for someone elses partying.

May 23rd 2010 8:38 GMT

How will the bill address the blatant corruption that leads to the socializing of private losses, and the game rigging activities of the largest financial market participants? (as per May 6th). Not only does the bill not address the issue of large banks playing roulette with depositors savings, it fails to acknowledge that many of those in the washington corridors of power are there purely to represent the interest of those banks, as we clearly see when the establishments exchange personnel so freely. Preventing people in public office from serving two masters within, say, a 5 year time frame would be one way to stop the rot.
For the forseeable future I'll be sticking to investing in my own private businesses, since there is no basis for any trust at all in the financial markets as they stand.

May 11th 2010 11:41 GMT

I'm a financial trader, and for my two cents worth, I'm cashed out until government gets its hands off the markets, and stops spending Other Peoples Money. Let those that deserve to fail, fail; better performers are clamouring to take their place and buy their assets cheaply. The job of government in finance is to regulate; I have no problem abiding by the rules that The People agree to let me operate by. I'll be on a sun lounger until the markets are back to being allowed to heal the natural and organic way.

The economist thinks that shock and awe will convince the markets to leave Greece alone?! Traders love nothing more than a belligerent policy they can hang their hat on. Anyone remember a chap called Norman Lamont?

Apr 25th 2010 10:25 GMT

Newcastle has been playing its violin since the 1930's when it first suffered the first large scale unemployments of the industrial age. I can't beleive they're still convincing the whitehall mandarins to pump cash into the public sector. If the sole reason for a place existing has evaporated (cheap coal to the UK's industrial furncases of the 20th century), they need to be closed down; if through their own ingenuity Geordies manage to create new industries, then good luck to them, but if they keep relying on government, asian manufacturers and american industrialists to plan a better future on their behalf, they will continue in their lives of disappointment and underachievement.
Some cities have gotten over their industrial proletarian past, why hasn't this one?

Apr 11th 2010 9:44 GMT

I'm afraid this is yet another battle that a majority of black women are going to have to fight mostly alone. Against the odds, they succeeded in asserting their civil rights, I'm sure we all wish them the greatest success in asserting their relationship rights, by getting black men to behave responsibly.
Economically speaking black women are in a position to regulate. They must impose a total embargo on the supply of sexual services to black men that break the law, refuse to work, indulge in narcotics, evade parental responsibilty, or otherwise behave irresponsibly. Some black men may jump races, but the majority will not. You have the power, use it effectively.
The rest of us can help these women by supplying the moral support they need, plus funds for the educational messages they need to get across.
Well done The Economist, I wouldn't have picked you for your social responsibilty awareness work.

Apr 1st 2010 12:31 GMT

Investors need a return. With no yield, investors may just as well either keep their money in a shoe box (no risk of default), or invest directly in real businesses (creating actual growth). The one off trading opportunity of the market sneeze of 2008 has dried out, and so we will start to see the real economy start to grow, which will take years to bear fruit. Since real investors will have most of their money tied up productively, lack of demand for investment products of all types will kick the crutch from under the markets, and current valuations will melt into the air they are made of.

Mar 30th 2010 8:52 GMT

It just shows peoples natural bias to take false comfort in the opinion of others. It is a good diversionary opportunity for those selfish people that think for themselves; people who are planning IPOs or exits for example. Here in NZ in 2006-2008, our finance industry was newly awash with ex-ministers and celebrities as directors and spokespeople, whilst the owners of the now failed companies secretly clambered into their lifeboats at the dead of night.

Mar 24th 2010 3:48 GMT

My wife died in her mid thirties of a cancer which had no preventable causes, it was found to be largely genetic. Not only had she been a nurse, but she helped more people in her last 3 years than most would if they lived to the age of 90. If she hadn't, I may have thought it would be better for her to go quietly, because she certainly suffered physically. Its not the length of life or level of one's own health that provides the most meaning and quality in life, but the value that we add to others. My point is its more important to live life as you would want to be remembered, rather than be obsessed with longevity, a factor over which we have much less control than we (or our health professionals) might like to kid ourselves.

Mar 2nd 2010 8:53 GMT

As a currency trader, I can tell you that I sell whats going down and buy whats going up. The behaviour of many like me is what makes the price move, not the general news. A reversal can happen anytime, and when it does, it can reverse quickly. However, to think you can predict how current news might affect future prices is the fastest way to go broke.

Feb 23rd 2010 10:49 GMT

Blimey, I upset a few there. Let me assure all I am a very peaceful chap who does not go out of his way to offend, I'm just doing my democratic duty and making my opinions heard. It might pay for us all to continue this debate within our own communities. My comment was meant to redress the unobjective journalistic treatment of the subject matter in the article.
Some rebuttals, if I may (though I suspect the comments page is not supposed to be for debates):
Extranero/: I'm no totalitarian. Perhaps if Stalin had better grounding in Philosophy, his behaviour might have been less extreme.
Ignacio/: "On which historical ocassions theology-free morality has been decisive for man progress?". That would be a good subject for a debate, thank you. Two very significant occasions leap immediately to mind - 1. Darwins personal struggle with his wife's Christian faith when deciding whether or not to publish scientific facts in The Origin of Species. 2. The Allied stand against the AXIS powers in WW2.
Curates Egg/: "Belief is personal. Each man to his own". Except in religion, where each man must hold another mans belief?

Kim 77: "I think your preachy and aggressive comment calling others stupid for their faith (without providing reasons why)" I don't believe I did, and more, I don't believe anyone is stupid simply because they lack a scientific logical framework; in most cases they just need an open mind, experience and/or education.

Thank you to those that recommended, I wish you peace too.

Feb 22nd 2010 8:41 GMT

Here's the voice of reason, Jews and Christians (and Muslims, etc): Give up religion permanently, this is the 21st Century. Mans progress and personal morality come from philosophy not theology. Superstition only undermines the security of the innocent. Think for yourself.

Feb 17th 2010 9:46 GMT

Thanks for agreeing Sherman, and yes, I do only sleep with hotties, but they must be hotties who are achievers. I doubt you get to meet any of them as you are no doubt too busy blocking toilets and throwing your sabots into the machinery. Evolution is written by the winners.
If you look closely at my last point you'll recognise that I resect workers for voting with their feet - the employer/employee relationship is financially harsh in both directions- I treat them well or expect to be treated with scorn. Experimentation with alternative forms of management of the means of production have failed miserably; since our system is more tolerant of dissent, I can only assume you are an armchair revolutionary who bites the hand that feeds you. Blow the dust off the red banner in your bedsit and stand for the Internationale with a cracked glass of cheap vodka.

Feb 15th 2010 8:24 GMT

It doesn't matter if your workers think you are fair, this kind of lighweight satisfaction does not encourage additional productivity. They need only to slightly fear and greatly respect you. Cuddling up to people does not increase their respect for you. Oh, and reward the top 20% performers massively in cash and other benefits, because that does greatly increase your companies productivity; if you don't, they'll leave.

Jan 1st 2010 11:12 GMT

I predict that the China boom will bust. In business, ethics is its own reward.

Dec 31st 2009 1:30 GMT

Everyone knows there are harsh penalties for drug smuggling in any country. China is just sticking to the rules. SO, China won't be making any protest then now we are starting to penalise them for not playing fairly by the rules of commerce.

Beta v1.3

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