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Some people may actually profit by betting against our economy's recovery.

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  • #31
    Originally posted by MrFun View Post
    And no, I don't think this is his only investment.
    You're right.
    Pool Manager - Lombardi Handicappers League - An NFL Pick 'Em Pool

    https://youtu.be/HLNhPMQnWu4

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    • #32
      Originally posted by KrazyHorse View Post
      Why would anybody believe that short treasuries is betting AGAINST economic recovery?
      Because they're Greek?
      One day Canada will rule the world, and then we'll all be sorry.

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      • #33
        "treasuries" usually refers to us sovereign debt...
        12-17-10 Mohamed Bouazizi NEVER FORGET
        Stadtluft Macht Frei
        Killing it is the new killing it
        Ultima Ratio Regum

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        • #34
          "Greek" usually refers to economically incompetent.
          One day Canada will rule the world, and then we'll all be sorry.

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          • #35
            Ah. I thought the joke was about the fact that greek sovereign debt is a credit instrument while us sovereign debt is a rates instrument...
            12-17-10 Mohamed Bouazizi NEVER FORGET
            Stadtluft Macht Frei
            Killing it is the new killing it
            Ultima Ratio Regum

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            • #36
              Originally posted by KrazyHorse View Post
              Ah. I thought the joke was about the fact that greek sovereign debt is a credit instrument while us sovereign debt is a rates instrument...
              I'd bring the lads at the mill to stitches with that one.
              One day Canada will rule the world, and then we'll all be sorry.

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              • #37
                Originally posted by Ogie Oglethorpe View Post
                And so it comes full circle. Wasn't there outrage, shiock, and dismay that the Dems were accused of secretly hoping and rooting for terrible conditions wrt Iraq war and Economy circa 2003-2006? To make these claims was the height of improper unseemly partisan conduct.

                "How dare you accuse us of being unpatriotic" "We are not traitors" etc. was the rallying cry of the falsely accused.

                Now instead the President himself and his Sec of State chatises congress for the executive branch's own shortcoming vis-a-vis Libya military involvement and failure to get authorization from congress in keeping with War Powers Act (what likely would have been a slam dunk) and indicates that they are on the wrong side. A much greater degree of calling the opposition traitors than I can recall from any other administration.
                To be fair, there's much more than this article to give one legitimate reason to believe that the republicans either want the economy to do poorly or simply don't care.
                “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
                "Capitalism ho!"

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