New York Times Nobel winning economist Paul Krugman has a lengthily tweet thread slamming the corporate “slush fund” that Republicans are pushing in the two trillion dollar bail out bill. First, beware analogies with 2008. There are some parallels, but this time the epicenter of crisis is NOT in the financial sector — and the …
03/23/2020 archive
Mar 23 2020
Pondering the Pundits
Pondering the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news media and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important. Thanks to ek hornbeck, click on …
Mar 23 2020
Opportunity Lost
You know, sometimes I get the impression that people don’t appreciate the punniness of my titles, not that this one is particularly deep. It is of course a play on “Opportunity Cost” which is the price you pay for wrong or in action, as opposed to Milton’s Paradise Lost. Cody Johnston
Mar 23 2020
The Breakfast Club (One Promise)
Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:00am (ET) (or …
Mar 23 2020
Dow Be Down, Do Be Do Dow Down
Dow Be Limit Down, Do Be Do Dow Down. C’mon, that’s punny. Just to repeat the mechanics, Futures are limited to a 5% loss. If there are no bids above -5% Trading halts until there is one. In the Market there are Breakers at 7%, 13%, and 20%. 15 Minute Halts at -7% and -13%, …
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