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paper has money because the govt says so. gold has money because people intrinsically like shiny objects.

gold is worth a rock dollars are worth some paper then there is this whole mental construct surrounding the worth of rock and paper. I would say that paper beats rock, but rock beats scissors, but scissors beats paper, but, but paper beats.... AARG BRAIN ANEURISM!!!

Hugh Hendry, while having a deflationary bent, suggests that the end game is currency debasement, and suggests quality, low debt, blue chip, dividend paying stocks for this part of the game. something like that anyways. Im puzzled why low debt levels is so good, since on the surface it seems...

It drew yawns when Romania, Hungary, Germany and China had failed auctions. I think theres another recent one Im forgetting. Greece took their ball and went home once or twice I think. I realize the US has to roll a ton of debt, but Germany seems like a pretty heavy hitter to be having...

Yeah thats kind of my plan, in a way. Im actually working for one of the big 3 above as an intern, I just havent gotten to the point where I can ask about full time salary. I found some reports of 70k + 20k bonus on one of those sites that collects data, which I could live with but Id...

I was curious what you can make working as a grain/sugar/etc trader for a big ag firm. I know its not day trading exactly but I really like the business and wonder if it would be lucrative and if anyone here knew about pay scales.

Great, someone alert 10 million americans to these 12 waiter positions! Thanks for anecdotally saving the economy.

if they fire 1/3 of their workers and the current workers work 1/3 harder, output will be at 89%. They need to work 50% harder to offset the 1/3 gone. This is why Indians are going to take all of our jobs! Christ Im drunk and that stuck out like some kind of new math. Also, lets not...

some of you people are so cynical that unemployment is somehow the result of an individuals lack of motivation. U6 is at 20% and not because 20% of the workforce (a collection of unemployed, culpable individuals) is not properly motivated. Demand for jobs will not increase jobs, demand for...

man its weird 1984 is required reading in high school. maybe its so they can tell you its science fiction and you wont realize youre living through it. Ministry of truth will strike again....

sounds like they are cooking up a birth death number that will make your brain turn inside out. almost all the positive job growth has been seasonal and statistically added in jobs from small businesses. sentiment surveys on small business dont seem to be as optimistic as the govts...

lol studying the two most illogical things on the planet.

banks made a stupid loan due to govt backstops. pull the govt, let the student default, and the bank gets theirs for years of riskless reward. Done. Now never do it again.

yeah im thinking strippers then *BAM*...Volker...

whatever you shaved ape.

SPY apparently

just to be the first a hole, neither of those are ivy league schools...

What exactly is the connection here?

There is a difference in making your money during the greatest economic expansion of all of human history and making it in a credit driven aftermath and crash. Factor in recent rises in school and housing and its apples to oranges, as much as you want to think "kids are lazy nowadays." Here is...

Man we had some bad news last week between housing, greece, and I cant remember but some PMI # or something. The market barely budged. We need jesus to come down to grant us all salvation to tank the market. Or maybe the announcement of a national blowjob day.