Seeking Alpha  Philip Davis'  Instablog  Philip Davis My
company: Phil's Stock World My blog: Phil's Stock World   •
Capitalism's End Game  35 comments     Apr 11, 2012 4:59 PM
German Finance Minister, Schaeuble arrives at the Athens
airport.      An immigration officer asks him: "Nationality?"
Schaeuble says: "German." The immigration officer asks:
"Occupation?" To which Schaeuble responds: "Nein, I am here for
a few days only."      "Gallows humor" is popular during
depressions. No one is looking for a belly laugh - just a little
smirk to brighten up the never-ending string of despair people
usually have to deal with. Films were a popular means of escape
in the 1930s and we were very into IMAX when they were below
$12.50 during the crash as we expected a similar move up in
movies audiences as we moved through this century's Great
Recession.      (click to enlarge)However, it only cost a dime
to go to the movies in 1930 and, to put it in perspective, the
price of gas was .20 at the time. Now it costs $1