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"O.K. The forward rate for marks rose in March and April, combined with a sharp increase in German reserves and heavy borrowing in the Eurodollar market, while United States liquid reserves had dropped to forteen billion dollars, causing speculation that the mark might rise and encouraging conversion on a large scale. Now do you understand?"
Phrenology bust with sections for different currencies.
"Tariffs love me...tariffs love me not..."
'Today the stock market was moribund, as growth equities sputtered and bonds dipped due to the inverted yield curve. I'd translate that into layman's terms...but they don't pay me enough.'
Business is off the chart.
Manufacturing will take place in China...So what role does Europe have?...you borrow money to be the customer
'It's not surprising. The production department is in Spain, the warehouse is in Korea, the accounting division is in Bolivia, the board of directors is in Canada.'
"Tariffs"
'Enter, 'The Globoracy'.'
'Globalsiation risky? How d'you mean?'
'Enter, His Royal Globalness...'
Cheap Labour Countries.
'Tell them there'll be no retaliation, then check with the chiefs of staff, the media and our major allies what leeway we have in the adapted dissuasion department.'
'I think it's time to reboot your fiscal compass.'
Tonight's Lecture: Globalization. I've never worried about my job going overseas --- None of my jobs ever went anywhere.
"International trade"
Religious texts from heaven and hell find common ground...they are made in China.
125% tariff in escalating trade war.... ...Mitch realizes that everything he ordered is made in China
"The key to success is knowing what people want. Too bad it isn't knowing what people don't want."
'I move we go on record for fewer imports here and more imports there!'
'Of course we're a global corporation. We have mail drops throughout the world.'
"As I understand it, he has a whole other workshop in Hong Kong where they make all that electronic stuff."
"Looks like charity is the transfer of money from poor people in rich counties to rich people in poor countries."
The Tobin Tax.
'It's worse than outsourcing. Instead of hiring foreign labor, they got bought out by foreign management.'
'US stocks dropped on news of more people buying cheap goods from China...'
Euro Balloon: Please watch out for other currencies on your way down!
The Trans Pacific Partnership! Negotiated in Secret! No input from labor, consumer, or environmental organizations...
Worldcom falling on Atlas.
Didn't know as much about the market as I thought I did.
'The Stock Market opened today, but just barely.'
Christine Lagarde - IMF
'Today could well be the day...the day on which the world leaders turn to me to solve their problems...they might just leave it till tomorrow.'
'I'm afraid, Mr.Siimkins, that you have been badly advised - Birmingham is NOT a tax haven. . .'
Where has he been so long?
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