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I can't tell you guys how many times I was on the verge of running serious money until I heard that dreaded question: so how'd ya do in the World Cup Trading Championship? Every time I hear it my head starts spinning, my heart starts racing, and my bowels become excited. Maybe it's just a...

And 3 wks later QID was up like 70% from there...

1) that's a correlation, not necessarily a cause 2) econ contraction under a gold standard puts a cap on expenditures as revenues fall (large deficits are tough to fund without an eventual drain of gold reserves). It may be an effect rather than a cause 3) theres been a secular shift in...

Shills for whom? I would like to hear your conspiracy theory about their conspiracy theories.

The problem is it's very hard to study economic phenomena empirically, usually its just confusing correlation and causation; too many uncontrollable variables in the real world. For instance, the stimulus: you would have to create two parallel universes - one with, one without stimulus - to...

So price floors don't cause surpluses? Let's just set the minimum wage for unskilled labor at $1k/hr, a first step towards immanentizing the eschaton. I guess I should have walked out of econ 101 as well.

Doesn't matter, it's a funding issue.

MF Global Inc. and SG Americas Securities, LLC have been added to the list of primary dealers, effective February 2, 2011. February 2, 2011 ... MF Global has been deleted from the list of primary dealers, effective October 31, 2011. October 31, 2011 that didn't last long.

The Volcker rule won't be implemented until mid-2012.

And I'm sure there are finance undergrads who would claim they know enough about finance to know the movie was accurate, since they had a lecture on VAR at some point. If the creators of the movie thought it was such an important thing don't you think they could have, in all of NYC, found...

Fair enough, but are you a chemist with experience cooking meth? My guess is a professional meth cook could point out issues in the show. For 99.9% of the audience it seems correct and technical enough, which is all that's necessary. I agree that the premise of the problem in the movie was...

Some of you guys do realize the point of making a movie is to make money, and to make money you have to target an audience larger than the .1% of people who work in the industry? But I guess there are meth cooks who complain about the technical minutiae in the show Breaking Bad too.

It's not exactly like we have an efficient allocation of resources currently. But ya, even under a free market there are certain factors that will cause misallocations and dislocations. It's a question of which is preferable. Not a paradox, a contradiction. The latter is a cause, the...

If current policy is tight (which pretty much every "respectable" economist says) I would hate to see what loose policy looks like. With all those economists they have on staff you'd think someone would realize the problem is not the level of rates anymore, (nor has it been for quite a while.)...

Schiller, Krugman, Roubini some others worth reading: Cowen, Taylor, DeLong, Koo, Rosenberg and probably a dozen others I can't remember I'm a fan of Paul Kasriel @ Norther Trust.

I find it hard to believe this is serious. Maybe it's just satirical? I saw a bunch of comments under the article but I was too scared to read them. "Democracy is the theory that the common people know what they want, and deserve to get it good and hard. " - Mencken

they are planning a plan no worries

It's a combination of genetics and environment, with the former being more important imo. I was discussing it with my doctor and his theory was that a certain segment of the population (around 20%) are just not genetically predisposed to cancer and can basically drink, smoke etc with little...

Trade smaller and accept the losses. It ain't easy, no one is going to give you the magic beans. You're better off just watching the market - taking the losses if you're in - until you get a feel for it. You have to find the strategies and triggers yourself.

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