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By-Tor

Diamond Member
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Posts posted by By-Tor

  1. Just to say this:

    I have my regular "beater", Omega SMP franken on my wrist again, right now. With the A7750 movement, unserviced and it runs in COSC standards.

    I've had this since 2006.

    IMG_0511.jpg

    I've owned plenty of A7750-powered watches and never experienced a SINGLE problem with them.

    People often talk about gen ETAs and how well they run. Well how about A7750? Great, reliable movement. No wonder Chinese are pushing Europe and USA back to stoneage. :D

    Just sayin'...

  2. An update:

    Our local Merc dealer (where I bought the car) promised to come "halfway", even though this happened outside the guarantee. So my charge will be "only" 3500€ for the turbo exchange.

    I guess I should be pretty happy with this. Waddya say?

    Whispering: **** Still... I could have bought another preowned gen Rolex for that.

  3. When I came to RWG I really disliked PAMs.

    And after 8 years I still dislike them. :D I don't get the attraction at all.

    Seriously, I think my tastes hasn't evolved much at all. Some new models catched my attention and that's it. I always knew what I wanted.

    I had my big watch phase, 45mm Skyland, UPO, etc. but I found out that 40-42mm is the best. Never got the SA though... that was just too much.

  4. I have not heard much about this from most economists, but I believe the real problem is going to occur (next year) when interest rates begin inching back up towards their natural/default levels (4-5%). Then, every government economy that is heavily leveraged will be in the same position as many US home owners were in '08 when they overbought homes with (artificially) low interest rate loans that began to reset. And it does not take a Ph.D in economics to figure out what happens then.

    Yes. This will happen.

    20100903-shit_fan.jpg

    The low interest rate has caused this debt problem in the Eurozone. Even the wealthy northern countries are in deep shit if the interest rates skyrocket. And that's a high possibility if the money printing gets out of hand. Germany is an exception... they don't have a housing bubble.

    If printing would solve any long-term financial problems, Zimbabwe would be one of the richest countries in the world.

  5. I was mainly referring his comments about the Eurozone. Countries like Greece and Spain are trapped in an economical prison. If they exit and devaluate their own currency, they'll probably have a chance to recover in 30-40 years.

    This bailout/austerity crap will only take them back to the stoneage. And Germany, Finland, Netherlands and other northern countries don't feel like paying even 10% higher total tax rate... and on top of that becoming their ATM for the next 40 years.

    But our problem is that the Eurozone is a political union... common sense has little to do with it... the bureucrats are only afraid of their own salaries and benefits. EU has made a lot of them millionaires.

  6. Yes indeed Freddy. EU or the US... doesn't make any difference. It's mostly just theatrics. Dirty bankers have taken the powers and there's little we can do. But this EU/US debt problem have to be solved somehow. Now they're just printing more money and push the problems forward. It's kinda funny that our problems were caused by greedy capitalists... and now that their system has failed they're trying to save it with communism and make the taxpayers pay. This current EU bailout politics is crazy... it hasn't solved any problems, just made them worse.

    Marc Faber puts it nicely.

    http://www.youtube.com/watch?v=Vr3oO9oUDkY

    About heated debates... when I was 20, I had really, really hot conversations about politics with my dad. It usually ended up in a verbal fight. Now 20 years later we still disagree about everything and sometimes those discussions still get heated... but in the end we just smile and forget about it. It's nothing personal.

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