Wednesday, July 8, 2015

The Sarcasm Report v.218

July 8, 2015
Alcoa Profit Misses Estimates

China, the world’s biggest aluminum user, is poised to grow at its slowest pace in a quarter of a century. As the country shifts toward a consumer-driven economy, more of its processed aluminum is making its way overseas. The country is on pace to export record amounts of metal this year, deepening a worldwide glut.

Don't forget to lock in your annual $175 subscription price for shadowstats before its price explodes higher!

The timing of the hyperinflation onset by the end of 2014 remains in place, with the odds of that occurence estimated at 90%. - HYPERINFLATION 2014—THE END GAME BEGINS, Shadow Government Statistics, January 7, 2014


Mr Slippery said...

Since you are a fan of fancy corporate accounting, perhaps you will enjoy the 9 quarters in a row of one-time restructuring changes Alcoa has posted.

Alcoa can't wait ... to restructure again.

Stagflationary Mark said...

Mr Slippery,

Thanks to this summer's heat, I plan to run naked through the streets screaming, "OMG! I swear I'll never pay this water bill again!"

Heck, some pf my neighbors might even believe me. Such is the power of the recurring one-time charge, lol. Sigh.

In all seriousness, I cringe at the thought of what my next water bill will be almost as much as I cringe at the thought of investing in companies with fancy accounting.