I like the Mary Poppins umbrella for effect.(are those radio controls hanging round their necks? Antenae…?)This is a strange ‘toon though. It’s referencing a US subject (the looming “Fiscal Cliff”) to compare the Troika’s indecision this week about how much Greece is going to cost or who should pay, all the while the Greek ship faces falling off the edge of the worl…EU.I’m not sure many Europeans are aware of the US “Fiscal Cliff”.
Trying to make logical sense out of the ups and downs of the stock market is a fool’s game. The stock market goes down when employment goes up and the fact that the rich are going to have to pay taxes now is long overdue.
It is too often ignored by reporters but the reason Greece went so deep so quickly was because of how heavily invested in hedge funds suggested to them by Goldman’s Sachs. The same risky financial products that led us to the greatest financial disaster since the Depression, has caused WORLD WIDE upheaval, but to my knowledge, none of those who were the actual catalysts of this debacle have been actually punished and are actively working to prevent themselves from being regulated in order to prevent them from doing such damage in the future.The stock market is the only legal form of gambling one can do from the comfort of their home. The big companies are using computers so fast they are doing thousands of trades per minute and when “lucky”, make an obscene amount of money because of simple math.Stephen Colbert is not a “news man”, but this guest may impress those of you who like math and science.^http://www.colbertnation.com/the-colbert-report-videos/421266/november-14-2012/high-frequency-trading—-christopher-steiner^Respectfully,C.
OmqR-IV.0 over 11 years ago
I like the Mary Poppins umbrella for effect.(are those radio controls hanging round their necks? Antenae…?)This is a strange ‘toon though. It’s referencing a US subject (the looming “Fiscal Cliff”) to compare the Troika’s indecision this week about how much Greece is going to cost or who should pay, all the while the Greek ship faces falling off the edge of the worl…EU.I’m not sure many Europeans are aware of the US “Fiscal Cliff”.
Harolynne Premium Member over 11 years ago
Trying to make logical sense out of the ups and downs of the stock market is a fool’s game. The stock market goes down when employment goes up and the fact that the rich are going to have to pay taxes now is long overdue.
chazandru over 11 years ago
It is too often ignored by reporters but the reason Greece went so deep so quickly was because of how heavily invested in hedge funds suggested to them by Goldman’s Sachs. The same risky financial products that led us to the greatest financial disaster since the Depression, has caused WORLD WIDE upheaval, but to my knowledge, none of those who were the actual catalysts of this debacle have been actually punished and are actively working to prevent themselves from being regulated in order to prevent them from doing such damage in the future.The stock market is the only legal form of gambling one can do from the comfort of their home. The big companies are using computers so fast they are doing thousands of trades per minute and when “lucky”, make an obscene amount of money because of simple math.Stephen Colbert is not a “news man”, but this guest may impress those of you who like math and science.^http://www.colbertnation.com/the-colbert-report-videos/421266/november-14-2012/high-frequency-trading—-christopher-steiner^Respectfully,C.