Community Views : What’s on the boards today….4th Jan 2011

4th January 2011

The Financial times

"The big question. Five of the world's leading commentators debate whether this will be the year that the once-unstoppable force of economic, financial and cultural globalisation begins to reverse"

The Daily Telegraph

"Goldman Sachs is reported to have invested $450m (£290m) in Facebook, a coup that's likely to hand the bank a major role should the world's most popular social networking site decide to float."

keithpirelli says: "The vampire squid still sucking up anything that smells of money, but no surprise Zuckerberg would chose these particular banksters."

The Daily Mail are also reported this:

Scampi thinks: "The company is massively over valued. $50b valuation divided by 500m users values each user at $10, which there is no way a user generates that type of income, even with years of continued use. Surely this is one bubble that is due to burst!"

The Daily Telegraph

"The rate of Value Added Tax rose by 2.5 percentage points at midnight, from 17.5 per cent to 20 per cent – an attempt by the Coalition to reduce the deficit. But analysts believe many gyms, mobile phone companies, restaurants and shops will raise their prices by between 5 per cent and 8 per cent, or possibly more."

bedfordfalls comments: "If retailers think they can get away with pricing tricks and dodgy dealing, they're in for a shock. They'd better make nice to shoppers in 2011.

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