we got repaid by the banks, with profit..... The FED is sitting on a tremendous paper profit with their QE bonds purchased.... I think the FED should begin to sell some of their longer term QE bonds purchased for a profit....
"The last significant deglaciation Iceland suffered was about 12,000 years ago. This caused the volcanoes in the island to become 30 times more active."
LOL!!!!! So, it happened before??? Did man melt it back then, too?? Gee, maybe it's a CYCLE??
How fuqqing STUPID do you have to be to believe in this nonsense??
Apparently, really, really fuqqing stupid....
Greece and Germany have hated each other dating back to the world wars.
German media have written about Greeks as lazy and unproductive. Last year, a front cover of the German magazine Focus carried a picture of the Venus de Milo statue swearing, wrapped in a torn Greek flag with the headline: "The frauds of the EU".
The Syriza put the final nail in their coffin as they chum up to Putin and refuse to go along with any future sanctions against Russia. Let Putin finance that train wreck.
also says "Greece forgiveness is off the table" because....now get this part....." they are doing better now than when the bailout started"
Bahahahahaha!...does not get any funnier or irrational than this folks.
He trades options on ES futures and appears pretty adept at timing the broad market swings. That's certainly not where my trading skill set resides.
So how did you feel about bailing our banks out in 2008-9, that worked out well as we added another 1 trillion to the debt PLUS 4.5 TRILLION from the fed.
All just to keep the ball rolling ..to where you see it now...a freaking currency WAR!
All this is interesting. But when you say you are going "long" or going "short", what exactly are you going long or short?
I'm an equity bull and I want the EU to throw Greece out, let the bankruptcy laws deal with the current debt owed.... Let Greece try to go to debt mkts with their new currency and try to raise money.... Let EU lick their wounds and move on.... I felt the same way last debt restructure with Greece... Send them packing...
When others see the pure chaos that happens in Greece (a very unimportant economy to the world), they will want no part of that road....
take ove an oil field of only 10,000 barrels a day and then have your broker call Goldman to start a much larger RUMOR!...now that's a smart little out fit , if you ask me.
When are we going to take ISIS apart in whole, not in little pieces.?
there comes a point when people say enough is enough...Greece is at that point.
Then there are the "Financial and Political Experts", that declare foul..!..for lending to a country that knows of no innovative way to save itself from collapse.
EU should have let them go a long time ago, and Greece should have planned out an economic resurgence a long time ago....
So it is Written.and Played out on a Gand Stage.
Researchers placed some 62 global positioning devices around the country. Data revealed the land is beginning to bounce back from the weight of the melting ice. These highly sensitive pieces of scientific equipment can detect the slightest movement as small as 1/25th of an inch every year.
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Researchers were surprised when they discovered the entire surface of Iceland is rising at a fast and unprecedented rate of 1.4 inches every year. This movement began some 30 years back when the region started to suffer from significant warming triggered by climate change.
According to Kathleen Compton from the University of Arizona, this research provides a strong link between the recent uplift of the island nation and the accelerated Icelandic ice sheet and ice cap melt.
The theory that land rises when glaciers melt has been known for ages. This study, however, is the first to find evidence that this faster land uplift is linked to faster ice formation melting. This study further sheds light on deglaciation in the past or if recent ice loss produced this accelerated land uplift.
Data taken from the GPS presents evidence of an increasing uplift rate. The analysis shows this movement is caused by significant glacier loss from rising temperatures since the 1980s.
This accelerated land rise was first observed by geoscientist Richard Bennett from the University of Arizona in 2013 from a station at the center of Iceland. His team also found data from other stations located in different areas of the island that yielded a similar result and also determined the cause of the uplift.
The areas with the highest land uplift were the areas farthest from the ice caps, which suggest the ice loss deposits are causing this change in land altitude.
The last significant deglaciation Iceland suffered was about 12,000 years ago. This caused the volcanoes in the island to become 30 times more active. This study will be published in the journal, Geophysical Research Letters.
i say and pondered the current trade deficit and the current employment participation rate for awhile late last night. It occurred to me that no one or few, have forecast the future of long term trade imbalances and the effect it will have on America. I know some have reported and kept the tally, however i was thinking to my self, and said (self)...where is all this money coming from...to support a system of consistent trade imbalance? I know we run deficit spending (18 trillion and counting) However, where is the rest coming from ? And then occurred to me that it is coming mainly from "OLD WEALTH". ...I am not referring to OLD money, that's more of an Empire thing or Blue money...i'm simply referring to Ma and Pa passing down small inheritance. Like passing down a House and some Money, not a lot but let's say, $ 1million or less.
This is were i believe the Middle class is in REAL TROUBLE.
After the housing collapses a lot of that money was destroyed and won't be coming back. Further , add in how many small business and contractors were taken under during the recession...Then add in the money lost in the stock market....
It all fits perfectly to explain what is happening to the middle class and why the children of the Baby Boomers may be in bigger trouble than anyone has described in the last century.
A hedge fund manager that spends all day posting drama on the SPY board. Ha. I have a better idea. Everyone here puts you on ignore and you can keep your pretend trades to yourself, mav, and xman.
the strange way they are grabbing on to simple ideas like this should scare the hell out of everyone...This is a perfect example of capital flowing to businesses that add very little value to our economy and our country maintaining any kind of economic edge in the global competitive landscape. To me it represents the lethargic investment attitude of "just throw money at it" and see what happens...another SYMPTOM OF TOO MUCH FED. MONEY.
Obama with the blessing of the Pentagon and the banking rulers seeks and will get 13% increase in weapons spending as well as a roll back of the sequester cuts...translation....deficits will soar again and the insolvent government will be BORROWING more at interest from the criminal bankers who thrive on perpetual warfare.