Archive for 08/2011

Great Reset

The term "Great Reset" came into popular use after the 2008 financial crisis and is similar to the economic terms "Great Depression" and "Great Recession." Richard…

“Long time between drinks”

Entry in progress -- B.P. Google BooksThe Travels of a Sugar Planter: or, Six Months in EuropeBy Henry Watkins Allen New York, NY: J.F. Trow1861Pg. 37:TRAFALGAR HOTEL, LONDON, ENGLAND,August 6,…

Junket

Entry in progress -- B.P. Wiktionary: junketNounjunket (plural junkets)1.(obsolete) A basket.2.A type of cream cheese, originally made in a rush basket; later, a food made of sweetened curds or…

BSPN (ESPN nickname)

ESPN (originally the Entertainment and Sports Programming Network) began in 1979, with a base in Bristol, Connecticut. The derogatory nickname "BSPN" (b.s./bullshit + ESPN) has been cited…

Pain Trade

The term "pain trade" was defined in a Barron's May 2008 article, "Rx for the 'Pain Trade.'" as "the market conditions that will cause the most discomfort…