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Some new terminology:

    CEO -- Chief Embezzlement Officer.

    CFO -- Corporate Fraud Officer.

    BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.

    BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

    VALUE INVESTING -- The art of buying low and selling lower.

    P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.

    BROKER -- What my broker has made me.

    STANDARD & POOR -- Your life in a nutshell.

    STOCK ANALYST -- Idiot who just downgraded your stock.

    STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.

    FINANCIAL PLANNER -- A guy whose phone has been disconnected.

    MARKET CORRECTION -- The day after you buy stocks.

    CASH FLOW -- The movement your money makes as it disappears down the toilet.

    YAHOO -- What you yell after selling it to some poor sucker for $240 per share.

    WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

    INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.

    PROFIT -- An archaic word no longer in use.

by das monde on Wed Oct 8th, 2008 at 01:52:57 AM EST
CAPITALISM is when people can do business in unregulated sectors to circumvent others sectors regulations and thus in some cases lay ground to future crises for society.

MARKTWIRTSCHAFT is when people can only do business after it being approved harmless to society by at least one non involved entity.



If you only spend 20 minutes of the rest of your life on economics, go spend them here.
by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Oct 9th, 2008 at 03:18:48 AM EST
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