Recent content by rzar

  1. R

    Gambling?

    I don't think Japan got into trouble because of their low interest rates, it is probably more of a belief that monetary policies are guaranteed to start up economies by lowering it or subduing an expansion of economies by increasing it. However, there are special events that do not guarantee...
  2. R

    Gambling?

    Lol, my second defense here. And yes, I agree with you eternalfuture that the crisis was the catalyst and not the sole cause as I've already stated. The question I was trying to state was if the financial crisis didn't happen and more time was given in terms of change, would Indonesia's...
  3. R

    Gambling?

    I doubt having one currency and having no interest rate would result in less greed or corruption since these are instinctive characteristics of human beings as Adam Smith can attest, which he learnt the hard way after experiencing a perversion of human attitudes, which by the way was not the...
  4. R

    Gambling?

    "oh please, this is total bullshit. A crisis can be executed by speculators, they do not create it. If the fundamentals are wrong, something will give sometime." To me the speculator is a catalyst not the sole factor for financial crisis. This is not a speculator bashing argument as that...
  5. R

    Gambling?

    1.IS Fx just gambling or does it serve some useful purpose? To serve some useful purpose, it is probably also assumed that you could actually make a difference which thereby fulfill a certain role you think fx has in the market because if you couldn't then whether you did it or not does not...
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