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Comment Proof that there's too much money in the world (Score 4, Insightful) 148

From the aritcle:

"One investor said she spent HK$1.3 million in swap options for the virtual currency last September. She said salespersons had told her she would recoup her investment in four months and make around 200-300 percent profit in one year."

How does someone this stupid get hold of that much money?

Comment Greece doesn't need an economist... (Score 0) 328

they need a magician. They are broke and no amount of populism or rhetoric is going to create wealth out of thin area. That said, nearly every major nation is broke, including the USA - the difference is there are still people willing to lend at reasonable rates to those other nations. There will come a day where that will no longer be the case and as Greece goes so will go the world.

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