Wednesday, June 6, 2012

"Times of madness dressed in good suits"? Nyet

Pk Hit out a nice line with that one But it's deceptive unless... ------------------------ Pk has to cut ice right now ----------------- Does he believe long run MNC profit prospects are negatively impacted by more squeeze by the ECB and the rest of the troika? ------------------------ Short run prospects? If there is a perceived conflict between immediate profits and long term Then for these statesmen of capitalism long run trumps short run My guess the macronautics here is dictated by TS pruning as often stated Plus import absorption bridling as often stated This is an effort to preserve the leading arbitrage pathways also often stated here ---------------------- What's new here ? Calling on pk to prove it's more profitable to the leading MNCs if the club meeds get a bail out and zone demand a big kick up