Confused about the European debt problem?

Don’t be. Here is a simple video explaining it all in simple english.

I don’t usually share the weird and the wacky, but this one freaked me out.

Click here to see the picture

Courtesy of member John Gadd,

Q:  Which has the greatest chance of occurring?
     1.  The sun rising tomorrow morning
     2.  Hotter in Summer, Colder in Winter
     3.  RUT hitting 1000 by noon tomorrow

A:  Is a trick question — because all have the same odds…..

It’s funny because John, along with so many other traders is frustated by the never ending upmove of the RUT. If you haven’t been trading the RUT the last couple months, you won’t understand.

The Sandra Bullock Trade
By DAVID BROOKS
Published: March 29, 2010

Two things happened to Sandra Bullock this month. First, she won an Academy Award for best actress. Then came the news reports claiming that her husband is an adulterous jerk. So the philosophic question of the day is: Would you take that as a deal? Would you exchange a tremendous professional triumph for a severe personal blow?

On the one hand, an Academy Award is nothing to sneeze at. Bullock has earned the admiration of her peers in a way very few experience. She’ll make more money for years to come. She may even live longer. Research by Donald A. Redelmeier and Sheldon M. Singh has found that, on average, Oscar winners live nearly four years longer than nominees that don’t win.

Nonetheless, if you had to take more than three seconds to think about this question, you are absolutely crazy. Marital happiness is [...]

Published: Friday, 5 Mar 2010 | 10:47 AM ET

By: Michael J. de la Merced
 

He calls himself “America’s Prophet,” a psychic, trained by Nepalese monks in the art of time travel, who can foretell the future of the stock market.

But to the authorities, Sean David Morton is simply a fraud — and a really, really bad psychic.

In a case that seems ripped from the pages of the satirical newspaper The Onion, the Securities and Exchange Commission sued Mr. Morton for securities fraud on Thursday, claiming he swindled more than $6 million from investors by promising them “piles of money,” along with spiritual happiness.

Source: youtube.com
Sean David Morton

“I have called ALL the highs and lows of the market giving EXACT DATES for rises and crashes over the last 14 years,” Mr. Morton claimed at one point, according to the documents filed in connection with the case.

Next to the Ponzi scheme orchestrated by [...]