Saturday, December 27, 2008

NRMA car operating costs table

kinda cool

Thursday, December 25, 2008

all of the above is purely speculation, does not carry any factual or informational value, and should not be relied upon.

If you didn't include that, you would have forced me to report you...even before being admitted to any professional body...

is the yen strong or is it just the aussie and american dollars falling?

my guess is that japanese institutions have been borrowing heavily locally and investing overseas to take advantage of their low cost of debt (approximately 0.1% official interest rate). however, because the financial markets are suffering right now (and also because world interest rates have also fallen), many of these investors have decided to sell out from these foreign investments and reduce their level of leverage. hence, lots of funds are now flowing back into japan, creating demand for the yen.

all of the above is purely speculation, does not carry any factual or informational value, and should not be relied upon.

Wednesday, December 24, 2008

Move over Mr Governator

He looks ripped, you would never have guessed he was hiding packs behind that suit...

Tuesday, December 23, 2008

Fuck that. Would anyone like to spoon-feed me an answer?

http://www.chrismartenson.com/crashcourse

East vs West finances perfectly summed up as follows:

With some $18.5 billion in cash, and relatively little debt, Toyota is still in far better shape to weather the downturn than General Motors and Chrysler, which on Friday received $17.4 billion in emergency loans from Washington.

You thought it applied only to individuals, but now it applies to companies as well!

Can one of you finance nerds pls explain to me the following: if Japan is an export dependent economy and (assuming most of their exports are for luxury/secondary/non-essential goods) demand for their goods is decreasing and Japanese companies are already starting to report losses for the past fiscal year, why is the yen still going strong?

Friday, December 19, 2008

SMH 2008 photos of the year

Awww lawd! You got served!

I think all of us will find this pretty funky

And gee this looks like fun:

http://www.smh.com.au/interactive/2008/national/sydney-to-hobart-preview/index.html

Thieves are cocks too.

Audi questioned whether its vehicles figured more prominently than other cars. "To our knowledge Audis don't fare more prominently than other brands," a spokeswoman said.

At least they can corner the bad boy market =P

Monday, December 15, 2008

Economic downturn even affects galaxies far far away ...

Sunday, December 07, 2008

a little something for the car nuts
http://www.snotr.com/video/1905