Tim Worstall

It is all obvious or trivial except…

 

 

Timmy Elsewhere

December 11th, 2007 · 3 Comments

The Business:

Flogging off the banks at the top of the market and my BBC mole.

 

Tags: Timmy Elsewhere

3 responses so far ↓

  • 1 Matthew // Dec 12, 2007 at 12:23 am

    Tim, you’re predicting here a 50% fall in stock prices of banks. So let’s say in mid-Feb they’ll be half what they are. This surely is a much easy way to make money for you, if you really believe that, than your spam/porn site you run.

    In the interests of full disclosure, can you tell us your short position in international banking stocks?

  • 2 Greg // Dec 12, 2007 at 8:38 am

    So I remember way back when that the Japanese bought half of my own state (California) along with most of New York and Hawaii- and then sold it back a few years later at a dreadful loss… not a bad event, all in all.

    Mathew- Tim’s site is much less porn than it used to be. Give the guy a break- I’ve been back awhile and haven’t seen any of the more atrocious sales gimmicks he used to employ. Besides, Tim would be far better at porn than a mere ad for Ann Coulter of all people.

    Love you, Worstall.

  • 3 Martin // Dec 12, 2007 at 11:13 am

    Tim,

    Did the thought that, in your words, Johnny Foreigner might attempt to recover their losses through the bank charges/ service charges/mortgage arrangement fees/whatever actually paid by British citizens actually occur to you?

    Tim adds: Sure. And then I remembered that all profit seeking businesses already charge as much as they possibly can anyway.

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