Friday, February 29, 2008

If you lose money selling couches and chairs, how can you pay your investors a hefty dividend? You play the markets.

Furniture company - or hedge fund?

Now we have DFS, CSL and Land of Leather in the UK who are so reliant on the housing market. I wonder how this will play out....?

Posted by lvmreader @ 01:26 PM (1047 views)
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5 thoughts on “If you lose money selling couches and chairs, how can you pay your investors a hefty dividend? You play the markets.

  • sold 2 rent 1 says:

    Hedge fund – Land of Leather. LOL

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  • This is all very reminiscent of the Japanese bubble in the 80’s. There was a joke then that went: “How many Japanese does it take to run a car company?” The answer was “Three. One to make it, one to sell it and one to trade the long bond.”

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  • This is a perfect illustration of how the western economies are just one big investment portfolio/hedge fund/gamble, whatever you want to call it.
    Nothing is produced, no value is added, money is made by multiplying virtual cash (created from nowhere, remember) through financial instruments.
    God help us.

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  • Nothing is produced, no value is added, money is made by multiplying virtual cash (created from nowhere, remember) through financial instruments.

    Sums up the UK pretty accurately…..it’s all just loads and loads of debt!

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  • And it is going to wind up on the Crashes watch…

    Brown torusers literally!

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