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  #1 (permalink)  
Old 4th March 2011, 09:14 AM
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Ignore Swartz follow Sorrel

WWP Founder and CEO Martin Sorrel:

"The world continues to move at very different speeds, both geographically and functionally. By means of explanation, perhaps an English football analogy is helpful.

"First, The Premier League consists of the BRICs (Brazil, Russia, India and China) and the Next 11 (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, Vietnam) or CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, South Africa), along with new media (personal computer driven, mobile, video content, social networks).

"Second, The Championship, the United States, because of its size, immigrant, entrepreneurial culture and human and natural resources, along with an economically well-run and high value-added manufacturing export-led Germany and free-to-air television; third, League One, Western Europe, primarily the United Kingdom, France, Italy and Spain, along with newspapers and magazines; last, League Two, Japan, which has been stagnant for almost twenty years. Perhaps the United Kingdom, with its Coalition Government's emphasis on deficit reduction and long-term growth will gain promotion to The Championship?"

http://www.bbc.co.uk/blogs/thereport...eague_one.html

And comment by Robert Preston:

"So to extend the metaphor, Brazil, Russia, India and China are - for Sorrell - the equivalent of Chelsea, Man Utd, Arsenal and Man City. Iran is Bolton.

And as for the poor UK, well for Sorrell it's Colchester or perhaps MK Dons, on the cusp of possible promotion, if George Osborne, David Cameron and Vince Cable manage the team properly (as per Sorrell's analysis of what's needed - which, of course, isn't every fan's prescription).

Ouch."
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Old 4th March 2011, 10:07 AM
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Re: Ignore Swartz follow Sorrel

Either he is overestimating the importance of current groth or he doesn't have a clue about football.

The US, Germany and Japan are more like Liverpool, Tottenham and Everton. :p
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Old 4th March 2011, 11:08 AM
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Re: Ignore Swartz follow Sorrel

Quote:
Originally Posted by bumblebee man View Post
Either he is overestimating the importance of current groth or he doesn't have a clue about football.

The US, Germany and Japan are more like Liverpool, Tottenham and Everton. :p
And perhaps he is largely discounting a lot of the statistics. US GDP and growth figures are largely meaningless. It is a bit like measuring wealth by the size of your credit card balance. The US is not creating wealth, it is destroying it in big measure.
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Old 4th March 2011, 12:16 PM
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Re: Ignore Swartz follow Sorrel

Quote:
Originally Posted by Rubber Duck View Post
And perhaps he is largely discounting a lot of the statistics. US GDP and growth figures are largely meaningless. It is a bit like measuring wealth by the size of your credit card balance. The US is not creating wealth, it is destroying it in big measure.
Well, any statistics can be meaningful or meaningless. It totally depends on the grasp of the one who reads it.

Maybe the US are more like Chelsea or United. Big, deeply in debt and owned by foreign investors. :D
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Old 4th March 2011, 02:01 PM
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Re: Ignore Swartz follow Sorrel

Quote:
Originally Posted by bumblebee man View Post
Well, any statistics can be meaningful or meaningless. It totally depends on the grasp of the one who reads it.

Maybe the US are more like Chelsea or United. Big, deeply in debt and owned by foreign investors. :D
Maybe, but they'll never qualify for Europe.
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Old 4th March 2011, 10:39 PM
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Re: Ignore Swartz follow Sorrel

I'd say anyone who has followed him and invested in what he has invested has most likely lost money. That's just judging from his own investments in the past few years. Fortunate for him he has more to blow on half-baked ideas and tons of idiots willing to take the bait.

Foreign languages? Who in fuck needs those?
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