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    Greece on the Verge of Bankruptcy

    >>The only thing is, she wasn't given a contract—she is being forced to work under the table. "I'm being made to do something I don't want to do," she says. She was paid for the first time eight weeks and one day after she started. But she only received €1,000—in cash, naturally...
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    Author predicted crisis, predicts inflation

    ROTFL... That was funny...
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    Author predicted crisis, predicts inflation

    I will not deny that Armstrong might be intelligent and knowledgeable... But here is the thing, what if I make a prediction are you going to believe me? Probably not because I am some quack in the middle of nowhere. Then again quite a few of my predictions have been right on the money...
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    Author predicted crisis, predicts inflation

    Wow, you are falling for the fallacy that Taleb has pointed out... Given enough monkeys then you will have a monkey who happens to have gotten 5 events right and thus will seem to have predictive power. However, this is not the case since this monkey got the right answer due to the sheer...
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    Is Volume an Indicator?

    For the past little while I have been arguing that volume is not an accurate indicator, due to OTC, and dark pools. There are two reasons why I came to this conclusion: 1) I wrote for an investment bank their reconciliation program for OTC products. And I got to see what trades crossed the...
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    Socialised health care in Canada poll

    I have lived in Canada, USA, Germany, Austria, UK, Switzerland, and France. And as such have experienced quite a few health care systems. The best? French... The problem? The French system costs! And the people who use it gladly pay for it. The French system is like Canada, except the...
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    GM considering Chapter 11 filing, new company: WSJ

    Free market is not a holy cow that must be adhered to at all costs. The main point is that the Free market says we will jump back to equilibrium, when in fact that is not true at all. Read Soros on the concept of reflextivity. His point is that as there are bubbles to the upside there are...
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    Why is the Euro worth more than the $?

    To ask why the Euro is worth more than the Euro is to ask why do cars cost X here and Y there? Why do I get paid more than there? It is called the market and what people believe in the value of things. I personally believe the reason why the Euro is higher than the USD is because of a...
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    Why not just reduce ALL taxes by 50%

    I live in Switzerland. A traditionally low tax country. And things work quite nicely here and so one would say, "hey look why not work in the US?" I for one am for low taxes since I hate paying taxes. Though with low taxes come certain ramifications. For example, I looked at the budget of...
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    The Importance Of Monetary Velocity

    >I see a deflation bubble happening. I only wonder when it will pop. I think what you are probably getting at is that many are so pessimistic and able to bet pessimistic that like an upward bubble we are in a downward bubble. Completely agree there. Though one very good book I found is...
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    America vs. a 16 year old teenager

    Êtes-vous sûr? Ille's ya beaucoup des person a Canada qui a un autre idee d'ca... Ok yes it was between American and English Armies. Though the concept of Canada, and Canadians did exist namely through Upper and Lower Canada, albeit they were colonies of England. Vous êtes fou! There...
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    Naked Short Question

    If you short a call, what it means is that you will have to deliver the stocks... http://biz.yahoo.com/opt/basics3.html This gives the option holder the right to buy 100 shares (per option) of the underlying stock from the assigned option buyer at the strike price of the short call. This...
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    America vs. a 16 year old teenager

    Wow is all I can say... So here we have, "oh we could invade you and take your minerals and stuff..." Well dude do some history... War of 1812 ring any bells? Remember it was Canada that burned down the Whitehouse! But raising that point makes me think this is why there is a serious...
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    The New Soviet Union - Surprise, Surprise...

    Really? Gee using that analysis the US should have collapsed a long time ago. The US has this warped table effect as well. Or are you going to tell me that California = Florida = Texas = New York = Iowa = Nebraska = [Put in your state here]. While the EU has issues they are not going to...
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    Ban The Fed Money Supply Monopoly, Allow Dollars To Trade In The Free Market

    The problem I have with the free market is that we will probably end up in a situation similar to before there was a central currency. In the historical context think about early Germany around the 1700's. Each prince had their own currency and one currency from one prince was not accept by...
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    Need to Experienced Feedback...

    Hi I am not selling a product, nor do I want to sell a product. I need some feedback from an experienced technician who can tell me I was either lucky or am onto something. First for starters read the blog entry: http://www.devspace.com/~christianhgross/?p=573 And in particular...
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    Will Gas Ever Go Back to $2.00-$2.50?

    I don't know if you are trying to be serious or cynical, but with McCain things will not be better! I live in Europe and watched Obama, and I noticed that Obama from a foreign policy perspective will be a hawk. If you read the local news, while they liked Obama, they also realized from...
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    Level 2

    Its called the iceberg order... Or a hidden order... BTW often brokerages will pull orders even if you have not said hidden or iceberg.
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    Will Gas Ever Go Back to $2.00-$2.50?

    Gas will probably not go below 2.50 because it just will not. At 4 USD gas is too expensive. At 2.50 gas is too cheap. So people will switch cars and pay in absolute terms the same amount for a different car. So you better just tank up, or get a new car where you don't mind tanking up...
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    mortgage mess solution

    This is already over the top. This is why the US has problems. The idea of the points system is that it is a fair and unbiased mechanism to allow immigration. So maybe you have the money maybe you don't. The idea with the points system is to allow those people who will contribute to society to...
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