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Post by Norbert on Sept 29, 2022 12:48:28 GMT
Are you at a loss to explain the present crisis? No worries. This article will teach you how impress everyone at the next cocktail party. www.spectator.co.uk/article/ten-handy-phrases-for-bluffing-your-way-through-the-new-financial-crisisExample: "'This is what happens when ideology meets reality.’ This is an absolute banker when it comes to banking. All bluffers know that the best statements are ones that give the appearance of solidity to pure wind, as Orwell put it. Follow up with a couple of withering remarks about the perils of Trussonomics. Perhaps try: ‘So this is what Britannia Unchained looks like.’ Do not get drawn into any serious discussion about free-market radicalism vs treasury orthodoxy, you don’t want to bet on any side here." Note to FD: you might consider sprinkling your upcoming UK conversations with phrases like these to enhance your credibility. No one will dare contradict you. |
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Post by johntaylor on Sept 29, 2022 17:35:51 GMT
I don't drink, which makes cocktail events rough.
When pressed recently on forgiving student loans, this seemed apropos: "Not only inflationary, but regressive."
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Post by retiredat48 on Sept 29, 2022 20:18:55 GMT
Here's one: "I added to my PSTIX."
People secretely look up PSTIX on their smart phones, and see it is one million dollars minimum to own. That's $1,000,000.
It impresses.
R48
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Post by steelpony10 on Sept 29, 2022 20:55:29 GMT
“You can’t have a consumer based economy if the consumer can’t afford to consume” Economics 101
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Post by habsui on Sept 29, 2022 23:19:13 GMT
I myself came up with "All idiots have a job".
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Post by richardsok on Sept 30, 2022 23:01:36 GMT
I myself came up with "All idiots have a job". All jobs have an idiot? |
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Post by Norbert on Oct 1, 2022 5:07:47 GMT
El-Erian is very good at this. Examples:
"We had a wonderful liquidity paradigm for 10 plus years — almost 14 years. Markets have to adjust to a less comfortable liquidity paradigm."
"We have to overcome these macro transitions, these uncertainties. ... I'd rather miss a few percentage points on the upside and get some certainty or less uncertainty about the market stabilizing, then go in here in a market that's still fragile in terms of technicals."
The guy is an academic. His actual performance as a Pimco fund manager was poor. He does great interviews though.
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Post by johntaylor on Oct 1, 2022 18:19:29 GMT
When the Dow hits 100,000, my yacht will be called "Liquidity Paradigm"
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Post by archer on Oct 2, 2022 3:32:00 GMT
When the Dow hits 100,000, my yacht will be called "Liquidity Paradigm" I remember years ago there was a Porsche next town over with the licence plate reading Dow3000. This was in the late 80's. I suppose he got a new one sometime in the early 90's. |
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Post by retiredat48 on Oct 2, 2022 15:31:24 GMT
El-Erian is very good at this. Examples: "We had a wonderful liquidity paradigm for 10 plus years — almost 14 years. Markets have to adjust to a less comfortable liquidity paradigm." "We have to overcome these macro transitions, these uncertainties. ... I'd rather miss a few percentage points on the upside and get some certainty or less uncertainty about the market stabilizing, then go in here in a market that's still fragile in terms of technicals." The guy is an academic. His actual performance as a Pimco fund manager was poor. He does great interviews though. I tape the cnbc squak box program daily...6-9 am (too early for me to be up). I then fast forward later, viewing selected interviews; I do watch El Erian and have learned to always answer a question with a lead-in of: " There are (choose a #) three important points. First..."It impresses folks. So I tend to do the same. R48 |
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