SuisseBear’s Activity

Sun Feb 7

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 4:10 PM

Re: Iran wants euro payment for oil sales

They should thread carefully...


A bizarre political statement by Saddam Hussein has earned Iraq a windfall of hundreds of million of euros. In October 2000 Iraq insisted on dumping the US dollar - 'the currency of the enemy' - for
[more]

NL

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SuisseBear replied to the Macro Economic Trends and Risks board. 4:01 AM

Re: John Mauldin: $100 Trillion Up in Smoke

kind of mark to market loss on held assets that had the banks crying a river and extorting a handout from the government in 08.


As to the Sheiks, they'll just have to eat it. Serious dents coming to their traditional spending [more]

Sat Feb 6

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 7:13 PM

Re: JPM joins the war on cash...

They may not have had much choice:

OCC Issues Cease and Desist Order Against JPMorgan Chase, N.A., Related to Bank Secrecy Act/Anti-Money Laundering

[more]

Tue Feb 2

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:25 PM

Re: OT Flint water...drip...drip...drip

that might be just what they had in mind.


There I thought Steve's position as top board cynic was unchallenged...

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 3:32 PM

Re: The World’s Favorite New Tax Haven

The US required Swiss banks to issue 1099s for interest and capital gains (much like a US broker issues a 1099).

Not just Swiss banks are subject to US FATCA, ALL banks are. How imperial is that?


As long as Nevada [more]

Mon Feb 1

NL

Boards Post

SuisseBear posted to the Macro Economic Trends and Risks board. 3:59 PM

The World’s Favorite New Tax Haven

is...

<drum roll>

the United States!

Turns out the real objective of going to war with tax havens and making every one's life miserable by rolling out FATCA may have been taking over the Business, according to this [more]

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 3:34 PM

Re: tick tock tick tock update

Who would spend a bunch more for a car that burns fuel that costs a bunch more?


Well, Diesel has a higher energy density than petrol so should cost a little more. In many European countries it is actually cheaper though due to a [more]

Fri Jan 29

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:09 PM

Re: EU Tackles Tax Evaders/Avoiders

Well things got a little out of hand lately so it was time to act and close some loopholes:

It may not have the palm trees of the Cayman Islands but picturesque Crickhowell, nestled on the edge of the Welsh Black Mountains, has acquired a
[more]

Thu Jan 28

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 4:59 PM

Re: 2008 revisionism: Must Discuss

"But there is an alternative story. In recent months, Senator Ted Cruz has become the most prominent politician to give voice to the theory that the Federal Reserve caused the crisis by tightening monetary policy in [more]

Thu Jan 21

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:01 PM

Re: Europe on the verge of collapse: Soros

Billionaire financier George Soros has warned that the European Union is on the "verge of collapse" over the migrant crisis and is in "danger of kicking the ball further up the hill" in its management of the issue which has [more]

Tue Jan 19

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 3:10 PM

Re: Global inequality on the rise

I also don't believe that wealth is a zero sum game, that Buffett's or Trump's wealth comes out of my hide.


Good for you, but Buffet himself says otherwise:


QUESTIONER: Are you happy seeing your suggestion, this [more]

Mon Jan 18

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:05 PM

Re: France is in a 'state of economic emergency

Someone must have saved the money to lend it, no? Or was it just newly printed?


Could be either on he side of the debt buyer, but he makes it sound like a diligent and disciplined French government had put aside savings for a [more]

NL

Boards Post

SuisseBear posted to the Macro Economic Trends and Risks board. 4:52 PM

Global inequality on the rise

Just 62 people own as much wealth as the poorer half of the global population, a new report reveals, as the widening of the gap between the rich and poor accelerates. As the business elite converge on Davos for the World Economic Forum, an Oxfam [more]

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 4:39 PM

Re: France is in a 'state of economic emergency

French President Francois Hollande has declared France is in a 'state of economic emergency' and has promised to spend £1.5billion to try and reduce the country's high unemployment rates.


Translation: "My reelection [more]

Sun Jan 17

NL

Boards Post

SuisseBear posted to the Macro Economic Trends and Risks board. 5:07 PM

Iran sanctions no more

... well, to an extent at least:

At current prices, the lifting of energy sanctions means Iran could increase its revenue from oil exports by $10bn (£6.9bn) by next year

Iran's central bank says lifting banking sanctions
[more]

NL

Boards Post

SuisseBear posted to the Macro Economic Trends and Risks board. 4:54 PM

MSFT: New hardware now requires new Windows

... "that will show our cheapskates customers":


Microsoft says new processors will only work with Windows 10

Windows 7 and 8.1 won't be updated for future processors, starting with Intel's Skylake
[more]

Thu Jan 14

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:43 PM

Re: Smart Gadget not so Smart

Looks like the home tech industry is all too eager to follow the footsteps of the car industry:

Automotive cybercrime is a burgeoning business. Some 6,000 cars and vans were stolen using this keyless entry hack last year in London alone - [more]

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:35 PM

Re: Brexit coming?

Whether Britain's withdrawal would upset the internal chemistry of the EU, lead to a toxic German hegemony that the Germans themselves do not want, and ultimately set in motion a disorderly breakdown of the European [more]

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:14 PM

Re: Feds on NYC RE Money Laundering


The U.S. Financial Crimes Enforcement Network (FinCEN) issued the so-called “geographic targeting order,” which will remain in effect from March 1. to Aug. 27. If the policy uncovers serious evidence of money laundering, it could be extended
[more]

Tue Jan 12

NL

Boards Post

SuisseBear replied to the Macro Economic Trends and Risks board. 5:17 PM

Re: Small Unmarked Bills

Try to buy something the size of a car with cash, the law will probably start investigating you on the assumption you are a drug dealer.

Well you ought to buy something bigger, and be a tad more sophisticated... and you will be a [more]

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Big gold star, 5000 posts Old School Fool
Board Posts 8061
Recs Received 23601
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Recs to Posts Ratio (last 30 days) 11.50
Threads Started 2433
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Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: Y2K (2/23/1998)
Percentage of Posts Rec'd 72.30 %
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