Sixteen of the biggest fattest porkies – FT Alphaville

“Of course there are zillions more equally juicy lies floating around out there, but we reckon Peter Tasker, a Tokyo-based analyst and occasional author, has come up with some choice specimens – and just in time for a lighthearted, two-minute Easter read:

The top 16 big, fat lies de nos jours

1. Derivatives reduce volatility

2. The BRIC economies are decoupling

3. Inflation is 2 per cent

4. Greenspan was a maestro

5. The Chinese won’t let their market fall in Olympics year

6. (Junichiro) Koizumi reformed Japan

7. The Americans are devoted to free market solutions

8. The Swiss are prudent

9. The French are brilliant derivatives traders

10. The UK is suffering a housing shortage

11. Private equity funds add value to the companies they buy

12. The cap rate for real estate should be the government bond yield

13. Alastair Darling is in charge of the situation

14. Ben Bernanke is in charge of the situation

15. The G8 is in charge of the situation

16. Anyone is in charge of the situation”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s