A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“I don’t have enough coffee or middle fingers for today” (3/26)
“I like coffee because it gives me the illusion that I might be awake” (3/26)
Entry forthcoming—B.P. (3/26)
“If you are not coffee, chocolate, or bacon, I’m going to need you to go away” (3/26)
“Life happens, coffee helps” (3/26)
More new entries...

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Entry from August 22, 2012
Eurhopium (Euro/Europe + hopium)

"Eurhopium” is a financial word coined by the blog Zero Hedge on August 22, 2012. The word “Eurhopium” is a portmanteau of the words euro (the European Union currency) or Europe and hopium (hope + opium). Someone who is delusional with bright hopes for the euro is a “Eurhopium” addict.

The word “Eurhopium” is similar to the word “europium,” a chemical element with the symbol Eu. The euro currency does contain europium.


Wikipedia: Europium
Europium ( /jʊˈroʊpiəm/ ew-roh-pee-əm) is a chemical element with the symbol Eu and atomic number 63. It is named after the continent of Europe. It is a moderately hard silvery metal which readily oxidizes in air and water. Being a typical member of the lanthanide series, europium usually assumes the oxidation state +3, but the oxidation state +2 is also common: all europium compounds with oxidation state +2 are slightly reducing. Europium has no significant biological role and is relatively non-toxic compared to other heavy metals. Most applications of europium exploit the phosphorescence of europium compounds.

RareMetalBlog
Wednesday, March 24, 2010
BLOG: There’s Europium in Euros
(...)
Professor Meijerink noted that some years ago, researchers at the Department of Chemistry at Utrecht University were curious about what caused the luminescence of the Euro notes and guess what they found? … Yup!  Europium.

Europium (Eu), one of the rare earth elements (or lanthanides) and that most of the trivalent REEs are luminescent. This means that ions within these materials can be excited by shining a light of a particular wavelength at them. When the ions relax again, they emit light - of a different wavelength. That is luminescence.

Zero Hedge
The Eurhopium Runs Out As Spain Has Biggest Drop In 3 Weeks
Submitted by Tyler Durden on 08/22/2012 09:16 -0400
Spain’s IBEX equity index is down 2% today - the largest drop in three weeks - after touching the 200DMA on Monday and turning down (-3.3%). The equity market - which appears to be trading like nothing more than an upside call on any potential for survivability (and is ‘helped’ by a short-selling ban) - remains notably rich to its relatively less-ebullient sovereign bond market - which suggests a minimum downside of 6-7% more - just to shake off the exuberance. Yes, the short-end has done better, roll risk aside, but today 2Y is 9bps wider as the 5Y CDS is 13bps wider and 10Y spread 15bps wider. Is Draghi’s ‘Eurhopium’ dream wearing off?

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, August 22, 2012 • Permalink