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Goat commented Jan 9, 2012Right on, every point.
SNB Chairman, Philipp Hildebrand, resigns with immediate effect
- Goat commented Nov 14, 2011
That's way over my head, but I hope she's right!
Professor: Oh Please, Of Course Congressional Insider Trading Is Totally Illegal
- Goat commented Nov 12, 2011
Nothing happens. Everyone already knew he was gone.
Italy’s presidential palace says Berlusconi has resigned
- Goat commented Nov 8, 2011
Why discount information just because it's coming from Twitter? If you follow the sources back you'll find it was a Reuters corespondent who started the rumor because she heard if from someone "close" to the PM. And it moved the Italian stock market ...
There Are Rumors Flying That Berlusconi Is Going To Resign
- Goat commented Nov 4, 2011
Only female I've spoken to through IB chat is customer service. Nice girl.
Some Wall Streeters Use Their Bloomberg Terminals For Booty Calls
- Goat commented Oct 31, 2011
Looks like a chart you could carve a pumpkin with.
Please Welcome The Latest Currency Peg
- Goat replied Sep 6, 2011
If Germany rules the bailout was unconstitutional, there is going to be a nuclear explosion in the currency markets that will make the SNB look like a retail trader.
German Court Announcement Thursday, but when exactly this week?
- Goat commented Sep 1, 2011
Geez guy is going all out in this fight, suing lawyers even. Doesn't sound like someone I'd want to mess with.
A Hedge Fund Manager Is Suing His Wife For $25 Million For Hacking Into His Computer
- Goat commented Aug 24, 2011
I don't take trade recommendations from analysts, but I might have to break my rule for this one.
Major Australian dollar move following Bernanke
- Goat commented Aug 23, 2011
And who owns JPM? Actually, I own a few shares myself. So I guess I'm now one of the geniuses "controlling the people." It's no secret that the Federal Reserve is privately held. Do you think you are teaching me something? The structure and history ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
I always learn a lot reading your posts, JR. But we definitely see things differently. I cannot conceive the "master plan" that you talk so much about. I think it's impossible to control the economy. It's just too big and complex, and we don't even ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
Since when? Yes, his job as a central banker required him to take Keynesian-like action, but to call him a Keynesian shows you have not read his books or heard him talk much. He is one of the least Keynesian central bankers of all time (still a ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
url The government was intervening in 1857? You seem to be making a distinction between the "natural business cycle" and "boom/bust". They are the same thing. I am using the terms interchangeably, as that is standard. If you are defining the terms ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
Ah damn. Just realized I'm wasting my time debating a conspiracy theorist from Jekyll Island. I thought we were talking economics here.
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
Basic econ? Hardly. Plus you're wrong. Interest rate controls are designed to dampen the swings between boom and bust. Raise rates when economy is hot (to cool it off), and lower them when it's cold (to hot it up). They are basically trying reduce ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
He was just trying to stop the economy from crashing after the dot com implosion. But yes, you're right, low rates did open the door to the crazy lending. Greenspan did his best, but there's no overcoming human nature. The boom and bust cycle is as ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 23, 2011
Since when is there earthquakes in Virginia?
EarthQuake 5.8 based in Virginia
- Goat commented Aug 23, 2011
You Keynesians love to point fingers. Human nature got us into this mess... you know the greed that made people buy houses too big? The irratioinality that made people borrow and lend amounts that could not be reasonably paid back? But sure, it's a ...
Greenspan says 'the euro is breaking down'
- Goat commented Aug 22, 2011
Finally someone gets arrested for something other than a ponzi scheme.
Three Sentenced to Jail for Operating £27.5m Boiler Room Scam