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An Antidote to Corporate Media
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Dan8267
2013 Jun 18, 8:05am
More reasons to take your investment dollars out of the country. At least until the government adopts my capital gains tax.
Tenpoundbass
2013 Jun 19, 12:59am
When the shit hits the fan Johny Pisant will be sucking wind when he keeps trying to pull his money out, but every time he tries the plunge protection team invokes the kill switch. Meanwhile Warren Buffet will have a fleet of Armour cars out front of Wallstreet, as an army of men cart wheel barrel loads of cash out to them.
Anyone that entertains the notion that they'll finish this economic board game, with parkplace and boardwalk and the best card from community chest is kidding them selves.
The Generation Whine is finally starting to figure out common knowledge that the world has known since the invention of the fork.
http://finance.fortune.cnn.com/2013/06/18/teach-americans-to-save/?iid=HP_River
But of course, they'll save if you treat them like Children. Or just act normal.
Tenpoundbass
2013 Jun 19, 6:59am
That can't be true, because all of the people I voted for LOST.
So you're saying since all of your people won, this is your fault?
YOU BASTARD!!!
:P
The researchers say this trade somehow reduces the total amount of profits in the system -- in other words, it not only hurts regular, slowpoke investors, but also other high-speed traders. Whatever profit each individual robot makes on a latency arbitrage trade is less than the amount of profit that is destroyed by the practice, according to the report. This is just more evidence that zapping thousands of trades per second does nothing for society.
http://www.huffingtonpost.com/2013/06/18/high-frequency-trading-profits_n_3459497.html