Forget random quotes - page 40
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Random wandering with drift.
"Casual" means what by itself?
Information for reflection.
.
We call a purposive system whose behaviour pursues a goal formed by a supersystem: "to reach a given level", "to survive", "to win", etc. Mathematically, this is expressed by the fact that the system, of all possible states, accepts a state, which provides an increase (preservation) of a certain state functional. This functional is a measure of purposefulness and is called efficiency. We use "definition by abstraction" (a classic example is the following definition: "The power of a set is the way in which sets are compared with each other").The contradictory properties of the concept of efficiency create certain difficulties in its understanding, interpretation and application. The contradiction is that, on the one hand, efficiency is an attribute of the system, on the other hand, the assessment of efficiency relies on the properties of the supersystem.
We are dealing with an application system. And the purpose and the criterion of achieving the purpose - all this is well known and chewed up.
That's not what I'm talking about.
Western-style markets are like a bowl of water. The managing fellows sit above it and paddle one way and then the other. Any meaningful analysis of the process is meaningless. That is what it is all about.
Unfortunately this is the result of the ideological structure of society - the consumer society, since the consumption of things and services has its own physiological limits, limited by human attitudes. Think of homeless people. Well, one does not need practically everything at a minimum. So there is no reason to argue for a smooth change in all this. There are two ways to get rid of the debt overhang: default and inflation.
We will be very lucky if there is inflation. Saw a calculation once that the price of gold balancing the Mo aggregate is around 60k an ounce. That's 20x assuming all suits of derivatives are zeroed out. 20 times the price of all raw materials etc. But as with the collapse of the USSR - the price structure will change. Today for 20-30 ounces of gold correspond to 1 Merc, and then? Nobody will say it, because the consumption structure will change, including reference points.
If they don't close the exchanges, our future is admirable. Terrible, multiple volatility. The main thing is not to believe in fundamental analysis, fairy tales about an efficient market and any forecasts for many years. The markets will be dominated by trends generated by a bunch of powerful comrades in power.
Well, that brings me back to the topic of the thread.
This means that you can't count for yourself.
There are two ways to get rid of the debt overhang: default and inflation.
The truth is that the cost of borrowing depends directly on the level of inflation.
There is an overbought/oversold accumulation in the market which is then overcome by a spike. While during the heyday of the efficient market hypothesis these events were quite rare, since the mid-70s (after the abandonment of the gold standard) the distances between crises have become increasingly narrow and today overbought debt makes any predictions irrelevant.
.............His prediction is that around 2050 there will be a Supercrash, which will eclipse all previous ones. What will be there is even eerie to imagine, in all likelihood, after this event the markets will change dramatically, and will cease to be what they are now .
Random wandering with drift.
But by "artificial" I meant pure market manipulation.
Communism?