I believe you can fax cheques too. Their version of netbanking

triptizehd wrote:
such as taking a photo of a check / cheque with your iPhone as a way of depositing it..

Reminds me of DeCaprio in ‘Catch Me If You Can”. His character ‘Frank Abagnale Jr’ would have just luved that!!

Try these

http://www.rockdalenews.com/section/1/article/11089/

http://www.lowtaxrate.com/georgia

triptizehd wrote:
Wow incredible, on the other hand their horse and carriage logo says it all… .

Apparently cheques are quite common over there as well. Couldn’t tell you the last time I saw one let alone wrote one out.

Tell a lie. A buddy of mine is still analogue. Hasn’t really progressed from wind up watches. I tried to bring him into…[Read more]

Amazing isn’t it. We live in some of the most technologically advanced countries in the world and yet a simple money transaction is still one of the hardest things to do.

Might as well live in Tajikistan for all the good it does.

Videographic for Japan. Nicely summarises the problems Japan faces.

Rebalancing the Economy: Japan

http://www.economist.com/multimedia?bclid=1154831493001&bctid=1250962214001

xdrew wrote:
the very real possiblity of CONFISCATION OF LAND ASSETS is on the table until normality is restored

That could be a kindness. Put the poor buggers out of their misery. I don’t actually see it happening but property value based on the Drachma may equate to confiscation any way.

Has Greece ever been normal? Default is a way of life…[Read more]

zmagen wrote:
Hey, Freckle – have you seen Bulgaria's 2011 numbers, just released? Lalaland may be coming…

Haven’t seen theirs but I think there’s a trend towards fantasy future growth and revenue figures in many places. California is another example but hey they have Hollywood, land of dreams.

Bulgaria I think you’ll find is benefiting…[Read more]

simple wrote:
Freckle, to me it sounds like one looong depression event with dead cat bounce along the way

China just hit the brakes big time. Lending just crashed and deleveraging is accelerating from what I can see so far. Early days but I think the Chinese growth story just ended.

Iron Ore’s dropping like a stone ($133 today) and China’s…[Read more]

Just a mirage Ziv.

I always look at these things in context with what’s happening globally and it just doesn’t tally. Japan’s export markets are in one hell of mess and sinking fast. A few reactors going online won’t be nearly enough. It’ll be interesting to see how the others fair after inspections and maintenance are complete.

I expect to see…[Read more]

Very hard to fill a room let alone a house. People are picky. Even when you can let a room TO is high.

its a logistic s nightmare buying this volume of homes.. its not like buy 100 apartments units and having to redo them all.

You’d definitely have to make sure you have all your ducks in a row but I actually think it’s doable

thats why I only buy about 5 to 7 homes a month in any market it keeps me on top of whats happening.

Certainly much…[Read more]

jayhinrichs wrote:
Had a conference call today with yet another hedge fund that is jumping into the SFR game. Colony Capital has already jumped in. as well as Columbia endowments in Phoneix. And we saw what happened there when they bought 500 houses for 8% net yield. Turned the market.

One the single investor would have to be careful buying…[Read more]

Rowan MCcole wrote:
Does any one beleive the outcome of the presidential election swill have impact on where the USD moves in the next year or so ?

Not in a macro way I’m thinking. Too many large forces pushing things around at the moment. Most of the major central banks are manipulating their currencies to try and keep their economies…[Read more]

engelo10 wrote:
I have just transferred funds into my US account.

Your timing might not be too bad I’m thinking. The next crunch is just around the corner. Word on the street suggests Spain may have about a month before it goes over the cliff. Then we’ll see the EU go into hysterics. I’d expect to see the € slide against the $ as events u…[Read more]

engelo10 wrote:
Long term I think the greenback will recover.

FIAT currencies do not appreciate when you inflate the currency. Economics 101 Engelo.

It would reverse in a crash as we saw in 07/08 but to a lesser extent as other options for safe haven emerge. AU$ is now considered to offer some safe haven potential and that…[Read more]

I bet my back teeth my bones’ill be dust before they build another airport. Not too worry. We’ll be out of oil by then and flying around in Zepplins

Rowan, it’s likely you’ll see the AU$ continue to drop until Benny launches another QE operation. The markets are suggesting Sep at this point.

Simple hedge, go 50/50. You get half the benefit either way.

zmagen wrote:
Yes, being flogged that deal myself by some brits. As Freckle puts it, and as their guarantees promise, no one knows what happens after 4-5 years. Kinda like Aussie mining towns really…

You have to actually have assets when booms come along to kill the pig on these deals. By the time the spruikers hit their straps you know…[Read more]

Interesting. Estimated to have around 900 billion barrels of oil of which 4% (36B) is considered recoverable with current technologies. That’ll run the world for about 157 days. Kinda puts its size in perspective eh?

It would be interesting to know how long the field will last for. The set up takes a lot of manpower but once its been built out…[Read more]