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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (62989)4/22/2010 9:39:52 PM
From: TobagoJack  Read Replies (1) | Respond to of 218851
 
<<WHAT??? Confiscatory vehicle sales taxes in Freedom Hong Kong? That's outrageous! LOL>>

given that we are able to buy perfect condition 2-3 years young mazda 626 type of cars on private market (8-12k km) at say a few (2-6) thousand dollars usd and acquire mini cooper w/ drop top down of same usage at 12-15k, i would say the 120% tax on new cars is a good thing, else we would be consuming all the new cars in the world

i know, outrageous

out of context, you LOL too soon, due to lack of understanding, assuredly :0)



To: Snowshoe who wrote (62989)4/22/2010 10:00:32 PM
From: TobagoJack  Respond to of 218851
 
just in / out and in e-mail trays, a continuation of this discussion Message 26479404 to improve your understanding re freedom, liberty, enterprise, and dynamism

player 6: When I left HK in 2000 Panorama, 15 conduit Rd, 4th floor was charging HKD 55,000 per month for 1600 sqf ...so current prices appear to be reasonable.

player tj: steve wynn just announced intention to recommend to board that wynn hq be moved to liberty macau, as debt-ly sin vegas sun is waning and greater china savings stars are moving into alignment, also seeking to turn wynn into a chinese company with local listings

my european-listed industrial client is and has been for 2 years preparing for same eventuality as the center of gravity (manufacturing and r&d) of their ops shifts to china

should we be witnessing the once in 800-years renaissance of enterprising dynamism and re-calibration of what should be, then hkg real estate is not only reasonable, but dirt cheap

what should the valuation be should hkg equity market be the international window of an deserving land that could account for 35% of global gdp?

otoh, as usa is clearly the crater center of exportable debt-ly sinful deflation, and prc is obviously the growth supported epicenter of inflation, on average we should do ok, but only if we wager in correct alignment with the forces and calibrate properly the leverage at just about all times

what a game

enthusiastic

player 6: Wynn as just been at war with the democratic establishment in Vegas for so long. I had the same conversation with he and one of Sheldon's top deputies.... Unions are a huge issue in Vegas, which frankly drains all the fun out of the work. Wynn is very down on USA... And he is not the only one.... there will be more...



To: Snowshoe who wrote (62989)4/23/2010 12:21:37 AM
From: TobagoJack  Respond to of 218851
 
continuation of Message 26482171

player 1: You [player 6] left at the top, likely signing in ’97-98 that lease… what happened after that? As a yank, I’m spoiled, admittedly, but am having difficulty justifying paying out US$60k, US$70k in rent a year for so little…



player tj: Let us guess that [player 6] left hk for thailand on June 30th 1997, pre-Asian-value crisis, when gold was at us$ 334 / oz, iow, the apartment referenced (with the unchanging # of bedrooms and bathrooms) then cost 21 gold coins per month.

Today, post-american-pop-culture debacle, the same hk$ 55,000 per month apartment costs a mere 6.23 gold coins per month

We must use the truer gold standard, with small alphabets “g” and “s”, as the trusted measure of value, else we should just use Zimbabwe dollars for accuracy

We have been suffering from an income statement depression and a balance sheet deflation for some time now.
As long as folks refuse to adopt the true measure of worth, we are ordained to engage with more of the same depressive deflation.



To: Snowshoe who wrote (62989)4/23/2010 5:02:10 AM
From: elmatador  Respond to of 218851
 
Europe April 2010
nytimes.com

Civil servants in Greece staged a strike as the European Union’s raised estimate of the country’s budget deficit sent borrowing costs higher.