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If I truly believed in the destruction of the people and nation of Japan, I'd be going to the bank, maxing out my mortage and shorting Japanese government bonds.

Has it ever occurred to you that it might be morally questionable to profit from the death of a country and its inhabitants?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jun 11th, 2011 at 05:33:51 PM EST
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Don't be uneconomic.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Sat Jun 11th, 2011 at 05:43:06 PM EST
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It would be making the Market (tm) more Efficient (tm). Joking aside, if you are dead certain that the price of a security will move in a certain way which isn't discounted by the market, it'd be foolish not to exploit that as long you're not breaking any laws. You could always donate the profit to those 120 million Japanese refugees we supposedly should be expecting.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Sat Jun 11th, 2011 at 05:50:10 PM EST
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If I truly believed in the destruction of the people and nation of Japan, I'd be going to the bank, maxing out my mortage and shorting Japanese government bonds.

Has it ever occurred to you that it might be morally questionable to profit from the death of a country and its inhabitants?

He would not be.

He would be separating some sucker in the bond market from his money. That transaction hasn't a hill of beans to do with the situation in Japan. They might as well be two croupiers in Vegas for all anybody in the real world would care.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Jun 11th, 2011 at 05:58:19 PM EST
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