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China’s new car tax could make luxury carmakers an endangered species

“Wait a minute, they won’t sell me a car because it’s going to be more expensive next month? The logic of the situation eludes me. But there you have it.” — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN):  Only in China would a car salesman refuse to sell you a big fancy foreign car. China is increasing [...]

Decline of the Dollar: Low dollar, high pain for Europe

"Some high-carat European economists see the potential for an exchange rate of up to $1.60 per euro, which would mean another 10% devaluation from current levels. This would cost the European economies another half percentage point in economic growth." — J. Christoph Amberger by J. Christoph Amberger  Baltimore — (TFN): Open your email any given day [...]

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