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Or, if that fails, spray :)

Fine, if you wanna be like that... My other idea was even better. You can own the old Soviet T-34 MBT for $20 - 40k.

So what? Doesn't the article also mention that China replaced these bills with longer-dated treasuries and agencies? That's just liquidity management on their part...

As I mentioned to you before, Howard, it doesn't matter if the technique is based on Monte Markov Chains or whatever (underlying assumptions matter, not the method). The concept has certain flaws, by construction, which make its indiscriminate use in practice dangerous. It's sorta like what...

Reiner & Rubinstein, 1991 The actual closed form formula is given in the Collector's (Espen Haug's) book, among others. That was in response to how to determine the risk-neutral probability of hitting a barrier.

Bernanke has actually indicated this. Obviously, if things get a lot worse, anything's possible.

Van Gogh originals

There will be no QE3...

Problem with the "removing the weakest link in the chain" argument is that, while it mechanically makes the EUR basket stronger, it also makes the ccy union less credible. So while it may strengthen EUR in the short-term, surely it argues that, long-term, the construct isn't viable.

Pemmican

Excess reserves at the Fed don't earn 3%, but rather 0.25%.

The mind is its own place, and in itself Can make a heav'n of hell, a hell of heav'n. Also Milton

I forgot the chart I meant to attach... Quick and dirty, as I didn't have time to look for the most appropriate indices. Yellow is the NFIB "expansion" index, white is the NFIB "availability of loans" index. This is the website: http://www.nfib.com/research-foundation

Well, sure, and it might get really really cold if ever Hell freezes over... And yes, the problem, at least for the moment, is demand, as you can see from, for example, the NFIB index constituents.

Because we're in the middle of a deleveraging cycle...

I love reading these threads... Sorta like watching Jerry Springer.

I am fading the CHF bid, FWIW... Short CHFNOK and CHFSEK here (puff alert).

Another quality thread... Nice!

This is just the Vampire Squid's modest contribution to the effort to remove Gaddafi... They doing their best :).

And? What's the question?