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I have no idea how it will do it. It just does. And yes, that new business was started around 2008, the guy got his package that very year.

Riight. You just keep on thinking that stuff. Like I said, every time this euro stuff comes up, it's always the same crap: parasitical Greeks! Hard working Germans! or... Greedy, imperialist Germans! poor, victimized Greeks! That ain't economics: it's bad anthropology and worse history. As...

Zimbabwe doesn't have an economy to speak of because of its governance. Argentina, same thing. Russia, ditto. Mexico, not as bad, actually. They're actually doing OK. Europe and the US after WWII did, which is why they came back. It depends, once again, on who gets the money. Big...

No sense of humor, eh? Actually, as we all should know, both the WWII massive spending bulge here in the US, and the Marshall Plan, which Winston Churchill called the most "unselfish act by any great power in history" were pure money printing exercises. They worked because in the first case...

Feeding the squirrels who run the printing press is another one of those fundamental bits of economics that most of ET seems to have slept through in Econ 101... Just need to get peanuts or almonds or acorns. Fortunately the latter two grow on trees. :p

The other Christie - Whitman, borrowed from the state pension fund in order to fill her budget gaps. Now of course the pension fund is - mirabile dictu! - underfunded. Dubya wasn't an exception; he's the rule of how these guys run things. Into the ground. Without exception.

No. Germany was the most competitive economy in Europe before the creation of the euro. Inside a currency union, the most competitive economy gets what I specified, if you actually read and understood what I posted: the interest rate it needs at the time it needs it, and a currency that allows...

Thanks for the recommendation! I'll have to watch that.

Jeez, the usual crap again? The problem, which real economists know but no one here at ET seems to grasp, is that the countries in trouble ran current account deficits internally with their other eurozone partners, whereas the ones not in trouble ran surpluses. Which is pretty normal...

Chicken????!!!!???? Them guys dine out at Morton's on the good red meat, washed down by some fine red wine. I mean, sheesh...

Most politicians are lawyers.

:cool:

Yeah yeah. I don't see nuthin bout tomorrow, you know. Just asking 'cause I can't post in here any more, having had an epic fail today. (In this thread, not in my account. Let's not get crazy, after all.)

Polls close at 9, you freakin morons. That's about 18 minutes after this post. Get a freakin life.

...and who could be gainfully employed producing marijuana plants and opium poppies, or who could be bouncers or piano players (don't blame me, I'm the piano player!) at brothels, etc., rather than being employed in sterile non-asset producing jobs like prison guards and wardens, drivers of...

Buy in the money, sell out of the money, if you're doing weekly and you're betting on direction. If it goes your way, weeklies are pretty nice. Volatility doesn't count for much on weeklies because they expire within days. Gamma and theta are the big things with them. You get exposure to gamma...

Yeah, you're the one who got it exactly correct. I thought about that earlier today; I don't know if it was just dumb luck or if you put some thought into it, but it was the exactly right one. Me, since I got it right today (even if I didn't specify the exact instrument, the default is the...

It's not time yet, but it will be soon, to sell all this bad economic news. Remember, down is faster than up, which also means bad news gets into the price a lot faster than good news does. Being a bear is always fashionable because it makes you seem smart, which feeds the ego, but being a...

...and drugs, too. Bring the underground economy in, tax it, cut taxes on the rest, and you're done.

TOS doesn't charge - well, it didn't charge - for closing sold options priced at .05 or less. Don't know if new folks w/TD are still getting that though. With every day that goes by, I think more and more that TOS's sale to TD was a huge misfortune for options traders.