So you are not using borrowed money then? If you are only using your own deposit then you are not leveraged. You're confusing me. If you are using half of your own, and half borrowed, then you are not committing less of your money, because if your trade goes wrong you will not only lose a proportion/all of your own money, but you will owe the broker their money as well, plus interest usually. You mentioned margin earlier, are you sure you didn't get a margin call and was made to deposit more money to cover yourself? You usually need a margin account to trade futures, but you're losing me in your descriptions because you said you are experienced at using leverage, but it doesn't sound like you are using it.
I already explained the contract above. The futures contract is leveraged by definition, it is not a cash trade, it is a leveraged trade, but if you hold the cash amount to cover the nominal price of the contract this is a safer bet.
Ok, I understand. What you wrote was really confusing. What is the leveraged ratio you're working to?
Yes, but do you realize they both want and anticipate that?
Greece, Italy, Spain, Portugal, Cyprus, France, etc are all doing really badly. Greece has a debt that's two times bigger than its economy, so it's highly likely they will eventually have to default. They've already been bailed out before, but where does that money come from? If they default they will be kicked out of the EU and will suffer a huge economic depression. The same is true for all the other countries. I think the Euro was a bad idea; trying to make all those different economies work under one currency was always going to be a problem.
It's 20 USD per NASDAQ point.
...not if government puts price controls like in USSR. In USSR an engineer, a CEO and a plumber lived in the same apartment complex and they all greeted and respected each other. Their salaries were 2-3 times greater than each other, but not like in Capitalism where a CEO lives in a mansion and earning 1000x more than the engineer.
Really think that Corporate tax will save us?
The USSR was a monolithic, monopolistic, communistic state where nobody prospered. There wouldn't be enough assets to go around if everyone had the same buying power. There has to be some degree of reward and achievement for those who create wealth and innovate, otherwise the pioneers of this world would live the same lifestyle as those who choose to sit on their sofa all day.
I think we are in for major changes, including new privacy and data protection laws, and also a new corporate tax. Otherwise, there will be protests and violence, like we are seeing already.
That is not the source of Spain's economic problems, though.
I blame Big Tech for not paying taxes. The taxes I have to pay on their behalf. People here are paying crazy amounts of tax. It's ridiculous.
But in fact every single person in USSR prospered in the 60's, 70's and 80's (much like the golden age in the US - granted there were no millionaires but people were generally very happy and Poverty free. Look at American major cities with hoarded of homeless and drug addicts - this did not exist in the Soviet Union)... My parents told me as first eye witnesses living in the Soviet Union.
It sounds like it could be a form of Stockholm syndrome. You have to make do with the situation you are dealt as you have no other choice, but his situation was different as it seemed to be less repressive.
Incorrect. The penalty was jail time or sent to Siberia... do not exaggerate lol.
Really? Is that why the world's greatest scientists were in Russia at the time and USA was scared shitless lol. Theft was extremely rare, you could leave your bike outside and it would still be there 3 hours later... I could go on and on at all the perks.
The EU is better known as the new world order, collapsing the economy, it's a control measure.
I read a silly amount of information and can recall various facts about certain things.
Who would want to live like they did? It's outright oppression and is indefensible.
Who knows how many died for smuggling in western stuff, besides those on record? Look what happened with Chernobyl; the USSR lied through their teeth when Sweden detected a radioactive fallout coming from their terrain. They told the rest of the world that their reactor was safe because they were always about keeping face rather than protecting lives.
Is that why their scientists were fired from their jobs, imprisoned, and executed if they didn't renounce genetics? In the USSR, Doctors were also paid less than bus drivers.
Maybe. I can only go by historical references and the words of those who had experience of living there. @Bill Bauer is one such example.
I see it as another empire, like the Habsburgs. Trying to unite countries that are essentially different in language and culture. Throughout the history it never ended up well.
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