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


To: Secret_Agent_Man who wrote (65536)8/17/2010 2:12:10 AM
From: elmatador  Respond to of 217768
 
No it is not. It is the cheapest stuff. I told one near here.

"You must sell ladies' bags so they buy by impulse"

He asked: "do you need a lady bag?"

I replied: "No. I do not. I am saying to sell more bags you. need to sell ladies'."

"But men buy these here too."

I gave up.



To: Secret_Agent_Man who wrote (65536)8/17/2010 8:19:19 AM
From: elmatador  Respond to of 217768
 
Swiss endure safe-haven agony from euro flight. "fighting a losing battle to stop massive inflows of funds from investors fleeing sovereign risk in the euro area and the rest of the world, raising the risk of a violent spike in Swiss franc if global debt jitters return."

The Swiss National Bank (SNB) said it lost over 14bn francs (£8.8bn) in the first half of the year in a forlorn attempt to hold down the currency against the euro.

...

"What’s causing all the trouble is a `carry trade’ unwind by real estate companies and people in Eastern Europe who borrowed in francs to buy houses. They are in effect being bailed out at the cost of the Swiss taxpayer. In the end I think the euro will recover and the SNB will get out of this without a loss," he said.

telegraph.co.uk