The expression "carrying ice to the Arctic" is a metaphor that implies doing something unnecessary or redundant, much like trying to bring ice to a place where it is already abundant. It suggests that an action is pointless because the resources or elements involved are already present in excess. This phrase can be used to criticize efforts that are perceived as futile or to highlight inefficiency in a task.
by Super22 November 3, 2024
Get the Carrying Ice to the articmug. Keep Calm and Carry On was a motivational poster produced by the British government in 1939 in preparation for World War II. The poster was intended to raise the morale of the British public, threatened with widely predicted mass air attacks on major cities.
by HoiDAEn October 6, 2020
Get the Keep Calm And Carry Onmug. by Arehol August 5, 2017
Get the You can carry as much as you canmug. Herrie: Pff I can't hit a single shot, I haven't killed anyone yet.
Mumbada: That's all right! You are still a bonus for the team, you are a real herrie carry today.
Mumbada: That's all right! You are still a bonus for the team, you are a real herrie carry today.
by mumbada September 3, 2022
Get the Herrie Carrymug. Carry trade is an investment consisting of borrowing at a low interest rate to invest in an asset providing a higher rate of return, typically for less than a year.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
Carry trades often involve borrowing in hard currency (such as dollars, euros, british pounds, or yen) to invest in high-risk, high-interest notes issued by third world countries.
As these investments are typically not sustainable for the issuing country, most such carry trades are cashed out (re-converted into dollars) within a year - during which net returns of 10% to 50% can often be earned.
A disastrous carry trade developed in Argentina during the Macri presidency (2015-19), as both local and foreign investors took advantage of notes with annual yields averaging over 80%. The trick was re-converting the notes into dollars before the inevitable devaluations, in which the investment could lose 20% in a day.
by ruckman December 24, 2019
Get the carry trademug. by Wordmouse August 24, 2021
Get the Carrying excess juggagemug. 