MarketFoolery: 03.24.2011

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 24 March 2011

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are television networks becoming Netflix's worst nightmare? What do Portugal's problems mean for the future of the euro? And will IMAX produce big returns in China?

Transcript

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0:00.0	It's Thursday March 24th and this is Market Fullery.
0:05.0	I'm Chris Hill and joining me in studio today from Motley Fool Asset Management, Bill Mann,
0:10.0	from Income Investor James Early and from Motley Full Stock Advisor Jason Moser.
0:14.4	Guys, good to see you.
0:15.4	Yesterday Bill was complaining about being last.
0:18.0	Yes.
0:19.0	So today you put him first.
0:19.4	That's why I saw the smile.
0:21.0	That is.
0:21.9	Squeaky Wheel gets the grease.
0:24.0	Excellent. Be somebody.
0:26.0	All right guys, we've got a turf war between CBS and Netflix.
0:30.0	We've got IMAX aiming to make a big splash in China but we will begin overseas.
0:35.0	Portugal is the latest member of the EU facing financial collapse.
0:39.0	The government quit late Wednesday after opposition parties rejected the latest
0:44.1	debt reduction plan and Portugal's Prime Minister has resigned. Bill I
0:49.2	will start with you even Warren Buffett came out and said that in the wake of
0:52.4	all this the disintegration of the euro is not unthinkable.
0:56.4	Is anybody shocked that Portugal is where it is now from a financial perspective. I mean governments are all about putting a happy
1:06.0	face out there. So for the last year Portugal has been saying oh no we're not going to have a financial
1:11.0	crisis here. No we're not like No, we're not like Ireland.
1:14.4	They are exactly like Greece and Ireland. They have a... They're slightly bigger than
	...

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