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Thread: German firm in talks to purchase NYSE

  1. #31
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Goldenboy219 View Post
    Economic importance is a statistic used to minimize the weight in which population figures into an economy. GDP x GDP/capita = economic importance.



    Your opinion is noted.







    Go back and re-read this comment, and figure out the error. Here's a hint: do the arithmetic!



    Some sort of straw man? If you want to discuss who invented the internet using which nations resources, create a thread about it. None the less, American ingenuity is second to none.
    Sometimes, I don't think he really reads his own posts all that closely...
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by PeteEU View Post
    LOL give me a freaking break. US companies have bought up overseas targets for decades where as the rest of US have been barred from many industries in the US. Considering you all consider yourselves the bastion of the "free market" and "capitalism", then the way the US acts is highly hypocritical.. to say the least.



    ........ seriously. You would rather have stocks being manipulated by insiders? How about NOT being manipulated by anyone?



    Poor track record? Germany blows away the US for god sake. They took a shattered nation with no infrastructure and built it in a decade or two into a manufacturing power house that still "owns" the US on many economic statistics. If anything, especially recently, Germany is the model of a frugal common sense economy where as the US is the drunken sailor going amok in a whore house.
    where are you from Pete?

  3. #33
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Jetboogieman View Post
    They're not the only ones doing this sort of thing

    CBC News - Money - TSX, London Stock Exchange to merge
    I remember somebody bought the London exchange a few years ago... well, more like 5 to 6 years ago

  4. #34
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by PeteEU View Post
    And Fiat owns Chrysler..
    After DaimlerBenz sold Chrysler, and Volkswagen sold Fiat? :P
    "Not learning from mistakes is worse than committing mistakes. When you don't allow yourself to make mistakes, it is hard to be tolerant of others and it does not allow even God to be merciful."

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by German guy View Post
    After DaimlerBenz sold Chrysler, and Volkswagen sold Fiat? :P
    I dont think VW ever owned Fiat, the Agnelli family controlled it for a long time, GM had a stake in it and had to pay Fiat a significant amount of money to get out of a contract to purchase the entire company
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    Re: German firm in talks to purchase NYSE

    A similar story is happening in Canada right now, as the London stock exchange wants to buy the Toronto Stock Exchange.

    Kind of ironic that the U.S. is the creator of modern globalization, and its stock market is about to potentially bought.

  7. #37
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Lord Tammerlain View Post
    I dont think VW ever owned Fiat, the Agnelli family controlled it for a long time, GM had a stake in it and had to pay Fiat a significant amount of money to get out of a contract to purchase the entire company
    Thanks for the information. Probably confused it with Seat.
    "Not learning from mistakes is worse than committing mistakes. When you don't allow yourself to make mistakes, it is hard to be tolerant of others and it does not allow even God to be merciful."

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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by German guy View Post
    Thanks for the information. Probably confused it with Seat.
    VW still owns Seat,


    A history of some Italian companies

    Lamborgini was sold to Chrysler which I believe sold it to Proton which sold it to VW\

    Masarati was controlled by Chrysler for a time after which fiat took control


    Ferrari is now controlled by Fiat (not exactly anymore but still close to it)
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  9. #39
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by German guy View Post
    After DaimlerBenz sold Chrysler, and Volkswagen sold Fiat? :P
    After Daimler dumbed Chrysler you mean. After Daimler did that, then Chrysler went bankrupt and was bought up by Fiat.

    Yes Fiat DOES own Chrysler or will soon. It took a 20% stake at first and that will rise to 55% soon.

    As for Volkswagen owning Fiat.. never. It was/is SEAT, which granted was founded by Franco as the Spanish version of Fiat. And SEAT makes pretty good cars these days.. I own one and love it.

    Oh and Porsche pretty much owns Volkswagen
    PeteEU

  10. #40
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    Re: German firm in talks to purchase NYSE

    Quote Originally Posted by Goldenboy219 View Post
    Economic importance is a statistic used to minimize the weight in which population figures into an economy. GDP x GDP/capita = economic importance.
    Yes population.. but not how much said population has to work to achieve said GDP per Capita. And that is my point. German's work much less to achieve a gdp per capita that is close to that of the US, and especially close to that of GDP per worked hour.

    Your opinion is noted.
    It is a fact.

    I fail to see the funny part.

    Go back and re-read this comment, and figure out the error. Here's a hint: do the arithmetic!
    There is no error. Maybe you should wrap your head around it and think... they are two different statistics, which together proves my point.

    Some sort of straw man? If you want to discuss who invented the internet using which nations resources, create a thread about it. None the less, American ingenuity is second to none.
    Prove it. I can claim that Denmark's ingenuity is second to none as well, but I cant prove it.. so you prove the US's ingenuity is second to none.
    PeteEU

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