The more you read about global economic chaos it becomes clear that all of it is rooted in basic human greed. Since it is very hard to create excessive return on investment from nothing (something akin to E=mc2) there has to be a flaw in the system somewhere. Recent admission by a large US bank that it lost over $2 Billion in a bad trade underscores the core issue. There is no such thing as Impressive Market Valuation. Its a fallacy created by marketers of various commodities to lure dumb people to part with their money. This impacts the people that are the most susceptible without their active participation. It can happen when a common man's pension fund invests in a derivatives market and the trade goes south. The derivative of this transaction is that the common man gets buried while the make believe world of high finance makes a killing. What is required then is a basic safety net. Governments of the world need to invest in the five core industries and guarantee their ...
Among human crayons I am Brown. Also, my thoughts bounce around and resemble the idea of Brownian motion. This blog is an interface for the reader into this unique jello I call my mind. A mind so fertile anything grows. An agnostic yet curious mind. A mind attempting the Horatian or Kabirism maxim of Carpe Diem or Aaj kareso aab. Rated W I L D for wilfully irritating to large demographic is sometimes the latter - graphic in its descriptions. Caveat Lector!