That means Panic !!! in French.
Remarkably, the headlines in Le Monde are about panic in the markets, while the US financial press seems like a typical boring Wednesday.
From Le Monde ->
La Grèce et le Portugal affolent les marchés. Les Bourses d'Asie plongaient, mercredi, dans le sillage des places européennes. Les craintes que d'autres pays, comme l'Espagne et l'Italie, soient à leur tour touchés se multiplient.
Greece and Portugal panic the markets. The Asian markets were plunging Wednesday, in the wake of the European markets. The fears that other nations, like Spain and Italy, might be touched in their turn multiply.
And what are the headlines in the foolishly US-centric American financial press ?
IMF may increase loan to Greece. Yawn.
Finance bill is blocked again. a broken record.
Goldman bruised, defiant in Senate. more denials.
Is there any wonder why more, a lot more, education in foreign languages is important ? The US press is so lazy and myopic, that I'm almost unable to take it seriously anymore. The "reporters" all want to be "journalists", yet can't even do the hard work of reporting.
Sigh ........ One gets better news coverage in the European press. After my current break from languages, I need to hit them hard again and turn this blog into a true septalingual center of fresh opinion [ i. e., mine ;) ] about world events.
Italian is now on a firm footing. I need to turn up the dial on German - Frankfurter Allgemeine covers these events rather well. Polish is doing well. Next to do: restart Spanish as now the confusion with Italian will be lessened. French needs vocabulary work. I'm halfway through Latin. I think all my languages need an intensive vocabulary review, though. How many new words can one cram into one's head over a year's time ?
The keys for the future: learn languages, read books !
Markets
Krypto has no new orders for me. Interestingly, after yesterday's drop, Mrs. B's Sky Fund is still at new highs, well over its 2007 all time high level. I guess Mrs. B is the new investment boss. They are both crushing the performance of my old 1-2-3 Fund, which I now declare to be closed. I need a new name & new ideas.
I suppose retiring and turning my portfolios over to my wife & dog is OK. [joke]
Word of the Day
"Natiform" - adjective [$1000]
Natiform means resembling of having the form of buttocks.
Sentence: Sycophants for Goug'em Sachs might be wary that a natiform vision approaches as they to avoid the clear, simply truth that GS is dirty. In other words, they are sticking their heads up their butts in denial. I wonder how one says, "Butthead" in Polish or German ?
good morning comrade !!!!!!!
ReplyDeleteand a fine morning it is indeed............was short ES M0 when i went to bed..............and i see this morning my bid got hit at 1179.............unreal since feb23
of course the Bman prolly thinks the ES M0 is just another 'gambling vehicle'..........'pure speculation'..........that serves no social purpose
ReplyDeleteagreed Bman................US press lazy............i also think they are subject to 'group think'
ReplyDeletegone are the days when you could read different interesting stories on the front page....................almost all the front pages look the same now
Bman do you think the EU will be around in 3 years ?? do you think the Euro will be around in 3 years ??
ReplyDeletedo you see the Euro at par with the dollar ? ...........131 today and in freefall
I have no problem with the futures markets. They are a useful market to transfer risk, have good clearing and are well-collateralized against default.
ReplyDeletesomething with does NOT exist in the derivatives markets.
I think the Euro will survive. Over time this will pull Europe closer together, which they need to do.
ReplyDeleteAfter all, if California defaulted, would that affect the dollar ?
futures markets are designed to have natural buyers & sellers, UNLIKE many derivatives markets.
ReplyDeleteI guess we should all just panic
ReplyDeleteUP YOURS RIFLE DROPPERS!!
WOLVERINES!!!!!!!
My country, 'tis of thee,
Sweet land of liberty,
Of thee I sing;
Land where my fathers died,
Land of the pilgrims' pride,
From every mountainside
Let freedom ring!
USA USA USA
hey frosty ................do you people consider richard simmons a national hero ??
ReplyDeletei know ace does.................but why?.........he ain't a wrestler
true........he ain't a wrestler.......but he is a finook
Bunkerman is the sharkfolio an asset class subject to more regulation?
ReplyDeletenope, the sharkfolio is run by an ass with its head up its "pupa", enveloped in that great natiformical mass.
ReplyDelete*pupa is Polish for butt, or a$$.
Sal...has your disgusting lifestyle forced you to depend on a "pupa" plug to control yourself sir...running at both ends indeed...they should make mouth plugs for teabaggers.
ReplyDeleteBman.....do goldman's clients make money ??? or is every account 'gutted' and then closed..............man how they keep egrowing thsn?
ReplyDeleteKrypto head trader in the bunker...Sky opines upon legal matters...which mutt interprets the financial press...thx in advance.
ReplyDeleteare you now, or have you ever been, a capitalist sir?
ReplyDeleteA fraternal libertarian is a capitalist, just not a one who is willing to let the ruling classes become an aristocracy and impoverish the common man to gain more and more power.
ReplyDeleteHence I am now and always have been a capitalist.
It's like the distinction of liking sex in general vs. to liking only sex with women.
ReplyDeleteI like sex with women only.
I am a fraternal libertarian.
Comprenez-vous ?
A5 YARD PENALTY ..LOSS OF DOWN....breakfast time
ReplyDelete15..lool
ReplyDeletepenatly ..uh ref ... that was a TD pass to the center of the endzone, untouched.
ReplyDeletea grand slam HR.
etc.
didn't even go "ad hominem"
ReplyDelete;)
How do you know you dont like sex with a man if youve never had sex with a man?
ReplyDeleteWHOSE GOING TO SLOPEFEST????
ReplyDeletethink it Who's..lmaoooooooo
ReplyDeleteWHOOOZ IS GOING TO SLOPEFEST???
ReplyDeleteLOOOOOOOOOOOOOOOOOL
I'll be bunking with Nathaniel Goodwin....you?
ReplyDeleteLMAOOO...oh it should be a barrel of monkeys indeed...certain Bunky would enjoy it...here are some photos from last year.
ReplyDeletehttp://www.deathcamps.info/Auschwitz/Album1.htm
I know I don't like sex with a sheep even though I've never done that, either.
ReplyDeleteI'll be bunking with Nathaniel Goodwin....
ReplyDeletelmaooooooooooooooooooooooo
please stop bunk..looo
ReplyDeleteBunkerman isnt it time for the 1-2-3 fund to make a speculation? You are overdue for a big win sir...
ReplyDeleteI've had no vision lately for a winning idea.
ReplyDeleteI've been a bit busy helping out an old friend. That's a lot more important than making more money.
ReplyDeletehey iowa state...perhaps you could edgeumakate Bunky on the finer points of sheep luvvvvvvvin...your a pal, thx in advance.
ReplyDeletecapitalist my ass
ReplyDeletethe Bman doesn't believe in free markets.............he believes in choking the animal spirits of greed with stringent regulations
' View from the Central Committee"
I don't mind greed for the common man, but just the excessive greed of the beefers needs regulated.
ReplyDeletehey frosty
ReplyDeletevaffanculo!!!!!!
hey frosty
ReplyDeleteTua madre si da per niente!!!!!!
oh my, someone in the tank....Vattelo a pigliare in culo...bitter indeed sir.
ReplyDeletehmmmm........i don't have that on my list
ReplyDeletehey Bman....do you know what frosty said to me ? can you please translate
not sure, Bud ... it look like Italian, but "vattello" is not in my unabridged dictionary, nothing close, either.
ReplyDeleteotherwise, it's something about taking it in the pupa.
;)
could be Scicilian or a colloquialism.
ReplyDeletePRETEKSTEM mi syna go [państwa ręki syna
ReplyDeleteThats for you Buddy
ReplyDeletecanto que todos llevarnos bien?
ReplyDeleteyoure right spin....
ReplyDeleteUSA USA USA
gracias mi amigo .. felicitaciones por su equipo de ser el número uno
ReplyDeleteVAMOS METROS VAMOS METROS VAMOS METROS
ReplyDeleteFed meeting....NAILED IT!!!!!
ReplyDeletedanke vielmals spin...
ace .......didn't i tell you ??? nobody cares what you think...............NOBODY..........you are irrelevant..........so please.........just shut up!!
ReplyDeletethe only time i care what you have to say...............lemme know when you catch a terminal illness............then i gonna have a party
" moderator moderator "
lemme know when you catch a terminal illness............
ReplyDeleteperhaps thats crossing the line a bit...but we'll let the posters and non posters alike decide that...
easy to spout off on a computer....like your hero jim does all the time...
you damn right i crossed the line !!!! and i'm glad i did.............what do posters and nonposters think?? i don't care what they think...........i never did care.........and i ain't never gonna care
ReplyDeleteso go cry to the moderator...............or to your mother........or whoever you cry to...............cry-baby!!!!!!!
hide behind a computer ?? huh?? i say that to my friends all the time
ReplyDeleteoh wait...........we ain't friends....we ain't never was friends...........and we ain't never is gonna be friends
none of my friends are cry-babies..................and ace is........QED
mission accomplished ace
ReplyDeleteyour toughness is unreal...I am quite impressed...
ReplyDeleteES M0
ReplyDeletenailed it !!!!!!!!!!!!!!!!!!!!
this really is unreal...............i think i'm gonna move to chicago and buy a seat in the pits..............i can't lose.......blip hits galore Bman