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BTW, check out the end of the video, looks like Stephanie Ruhle is leaning over for a hug and a smooch. That's hot. :D

I saw it too. Curious, if anything, he's even more strident about this than Kyle Bass. In fact, they sound like they're email buddies. Not sure why you found what Bass had to say so distasteful.

Please let us know when you decide to pull the trigger on the euro short, so I know when to cover my own short. :D Seriously, I'm waiting for the French downgrade. I expect a 100 point whoosh down in the euro at that point, and that should mark the low for the time being.

Can't let the day pass without noting John Paulson - having now blown through more than 50% of his investors' capital this year (and now gold diving on top of everything) - penned a column in the FT begging for an ECB bailout. Can't make this stuff up...

How do we know they're not selling this week.:) Much of China's buying of euros is an accounting identity. Exporters get euros from customers and turn them into their bank which turns them into the PBOC which gives the bank freshly printed yuan in exchange. China can't "sell" its euros...

Great piece by Josh Brown. While I believe that the nonsense has created some wonderful profit opportunities, I agree with his sentiments and offer a hearty "up yours" to the central planners who have created this situation...

Kyle Bass' latest.:p http://www.zerohedge.com/news/kyle-bass-rehypothecation-and-other-keynesian-endgame-scenarios

Amazon now well into the red for the year.

Euro below $1.30. Perfect LoBogala for the euro in 2011. :D http://finviz.com/forex_charts.ashx?t=EURUSD&tf=d1

It may not be enough for some, but the ECB is loosening policy, with more certain to come. The currency is supposed to go down when this happens. This is a good thing for the continent. Old habits die hard, but the euro/"risk on" correlation will die in the coming months.

No, but will start doing some work on it. :)

Last week's EU summit = complete 0. Eurocrats setting up Cameron to take the fall. Can't make this stuff up. http://online.wsj.com/article/SB10001424052970203430404577095811494434538.html?mod=WSJEurope_hpp_LEFTTopStories

Bought E.ON and RWE this morning. Time to go to sleep for the next 15 years. These companies will compound their owners' investments by 12-15% annually during that time.

Hendry's China short fund +52% YTD. Eclectica +12.2% YTD. http://www.ft.com/intl/cms/s/0/dc342280-24cc-11e1-ac4b-00144feabdc0.html#axzz1gEUSlXmd

Also interesting from Hussman is his take on Sarko's claim that longer ECB loans (now 3 years) and easier collateral requirements are essentially a backdoor way for the ECB to fund sovereign debt purchases. We've seen some theories that Europe intends to address the problem through ECB...

To paraphrase the great trader Jay Z, "U.K. has 99 problems, but walking away from the EU treaty ain't one." It's amazing how the news and markets work. The result of the summit was a complete disaster, yet, by making the U.K. walking away the focus, nobody is talking about that (at least for...

Congrats go to the U.K.'s Cameron this morning for running the other way from this turkey - like leaving the Titanic before it left port. :)

Don't tell this to Paul Krugman.

Greek ETF to start trading on NYSE on Thursday. If they ever let these poor people devalue, I'll be in there buying ... http://blogs.wsj.com/marketbeat/2011/12/06/now-this-is-happening-a-greek-stock-etf/?mod=wsj_share_twitter

Another European stock that I expect will be in my portfolio soon ... RWE AG. Off 45% YTD as Merkel ordered all nuclear plants shut this decade, and another 8% today as it is forced to raise capital. Currently yielding 12.5% though a cut is likely in 2012.