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Giving you the Viennese finger

This is the intra-day chart for Erste Bank, the biggest bank in Austria. Somebody bought a share for 3,709,279,716,994,000,000 euros. And then a couple of hours later, somebody sold a share for nothing – just gave it away.

 

Now this could be some new-fangled trading strategy that I’ve not come across before. Alternatively, the Austrians couldn’t be bothered to go into work and let a bunch of cats do their trading for them today.

Did you know that...

…Iceland claims to have invented the concept of “Buy One, Get One Free” in the UK? It’s done so well that the whole country is now pioneering “Buy One, Get Nothing Back At All”.

http://en.wikipedia.org/wiki/Iceland_(supermarket)

 

 

Look more closely at the dates....

 

Stealth Inflation

Hooray! Zimbabwe is experiencing inflation at a rate of 0.0000465% per second. Doesn’t sound much does it? Compound it by 60 and it’s 0.0028% per minute. Still sounds pretty pathetic, huh? Compound by another 60 and it’s 0.2% per hour. Pah! I spit on your 0.2%. But keep going for a year and you’re up to 231,000,000% per year….