Once A Trend Is Established

There Is No Question That A Breakup Of The Euro Would Be Very Damaging, Very Costly, Both Financially And Politically. And The Biggest Loss Would Be Incurred By Germany. Germans Have To Bear In Mind That, Effectively, They Have Suffered Practically No Losses So Far. Transfers Have All Been In The Form Of Loans, And It Is Only When The Loans Are Not Repaid That Real Losses Will Be Incurred.

If Every Rich Person Gave 50 Percent Of Their Wealth To Charity, I Would Not Say They Should Pay More Taxes.

Once A Trend Is Established It Tends To Persist And To Run It’s Full Course.

When You Sell Options, You Get Paid For Assuming Risk. That Can Be A Profitable Business, But It Does Not Mix Well With The Risks Inherent In A Leveraged Portfolio.

The World Order Needs A Major Overhaul.