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ssaines
| 02 Sep '10 02:59 : 0 recs
Condor: Obama's measures are a failure. In all fairness to the man, he is just continuing what he inherited. I'd say the *US'* measures are failures. Bailing out banks was where it all started to go wrong.
Jungle:
This trade works very well so long as the currency market remains stable. And therein is a glitch. Most nations intervene to balance their own currency. The design may be good in theory, in practice, it leaves a lot to be desired.
Reality can be a bitch. |
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3dc
| 01 Sep '10 19:11 : 0 recs
Obamanomics Failing to Create Jobs |
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Jungle
| 25 Aug '10 14:03 : 0 recs
guinealand? |
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Merlin
| 25 Aug '10 13:35 : 0 recs
guinealand ? |
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Jungle
| 25 Aug '10 13:08 : 0 recs
''The reason why the Yen is rising is not because or Japanese families repatriating their Yen it is because the international carry trade is unwinding. The carry trade is a standard play by hedge funds. They borrow Yen at very low interest rates sell the Yen and use the money to invest in USD and Euro markets.
This trade works very well so long as the currency market remains stable. However what can be seen is that traders are unwinding their positions and buying back Yen to close off their short Yen positions. This is a self reinforcing event as the higher the Yen rises the more positions will need to be sold to cover the short Yen exposure which will lead to more yen being purchased. The other side of this transaction will be sales of equities so expect a stock market crash in the very near future.''
Yes, interesting comment.
You finance gurus in the house agree or disagree with above statement? |
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Thoughtful
| 23 Aug '10 12:52 : 0 recs
Will Poundland increase their prices because of inflation ? |
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3dc
| 12 Aug '10 00:31 : 0 recs
Did the TARP money really get paid back in full? |
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bankrupt old farmer
| 07 Aug '10 19:18 : 0 recs
Seems to have all the makings of the classic negative plateau. |
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Warren BuffetCar
| 07 Aug '10 07:50 : 0 recs
Scary US jobs chart
WBC |
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Warren BuffetCar
| 07 Aug '10 07:48 : 0 recs : edited 1 time : last edit 07 Aug '10 07:49
Another reasonable inference would be that senators know more about economics than the average bud-swilling donut-munching American.
They could be insider trading of course, but its quite a leap to infer it from those figures.I'd have expected to see them outperform the great unwashed by much more if such abuse was widespread.
WBC |
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3dc
| 06 Aug '10 01:29 : 0 recs
A study of the results of stock trading by United States Senators found they on average beat the market by 12% a year. U.S. households on average underperformed the market by 1.4% a year. A reasonable inference is Senators were using insider information. For THEM, it is not illegal. |
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Warren BuffetCar
| 05 Aug '10 10:47 : 0 recs : edited 2 times : last edit 05 Aug '10 10:49
Prudence,
Much as I think Krugman is a clown, I do think you have to take that comment with a pinch of salt. It looks awfully like a troll to me. No one who believed in their cause would say:
"We progressives need to stick together and embellish our talking points without someone from the outside pointing out fallacies in our ideology"
That sounds to me who like someone who believes that "progressives" arguments are fallacies - and that wouldn't be a "progressive".
If you believe in something, you don't see fallacies in it.
And I'm saying that as someone who thinks Krugman's views are wrong.
WBC |
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prudence
| 04 Aug '10 10:47 : 0 recs
Great link, 3dc. I found this particularly amusing........On July 23, Latrina commented, "Who is this Sean from Florida? He takes everything that [the] Professor [says] and shreds it, piece by piece. He shouldn't be allowed to post his comments on this blog since he seems to be winning all the debates. We progressives need to stick together and embellish our talking points without someone from the outside pointing out fallacies in our ideology." |
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Thoughtful
| 04 Aug '10 09:37 : 0 recs : edited 1 time : last edit 04 Aug '10 09:38
Gold is soft and doesn't work harden ? In fact if you have gold you don't need to work hard ? |
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3dc
| 03 Aug '10 14:55 : 1 rec
Paul Krugman Gives Up |
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3dc
| 03 Aug '10 03:26 : 0 recs
In the cold war Fort Knox among other things held heroin reserves in case of nuke war ... so the leaders could exit without pain. I assume besides gold there are tons of opiates long gone bad and in need of proper disposal....
They, have a pretty extensive target range too. |
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zorro
| 31 Jul '10 21:56 : 0 recs : edited 2 times : last edit 31 Jul '10 21:59
3dc
Welll, what do you expect? The public might start asking awkward questions like how much gold is there really in Ford Knox and is it all tungsten, or how much QE are they really doing, or whether California is more broke than Greece. You can't have that...
What did you expect, for heaven's sake? Glasnost, or what?
Cue for all good US citizens to evoke the Founding Fathers... |
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3dc
| 28 Jul '10 18:57 : 0 recs
So much for transparency.
Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act. |
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Thoughtful
| 23 Jul '10 17:56 : 0 recs
I agree Motty stock markets are very nervous, just like Thoughtful ? |
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Motty
| 23 Jul '10 12:19 : 0 recs
Trying to read into stock markets at a moment may not be wise. Hedge funds and all are withdrawing after sell-offs to liquidate theirs all over the world now. Seems so many need to have something like cash. Well, I am not sure if this is a sign of deflation. |
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