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Good thoughts. I foresee a new starring role for David Stockman something like http://www.youtube.com/watch?v=a5R_pS0h5Qk This has already been attempted. Look up the BIS G20 and UN. Capitalism can't work long effectively without a powerful legal system, so a world legal government framework...

What effect does the changing of contract margin on commodity trading have? My reasoning: Raising margin lowers leverage, the players can buy less of the commodity with a given amount of cash. In deflationary times, cash and gold are (in a relative way) scarce. That puts downward pressure on...

It's my understanding that the Federal Reserve (a privately owned institution) and not the government has "the ability to print the worlds reserve currency" so that should not be included as an asset of the government.

The US government report I mentioned earlier released around 2003 actually asked and answered the question of what it means for a country to be bankrupt. As I recall they said that when the amount of entitlement money promised to be legally paid to citizens exceeds the amount they can...

Hey Jem, since it is not owned by anyone and pays 6% per year, why not divy up that reserve stock to each taxpayer by giving them their share of shares so they can get that 6% dividend while not owning it? Is it also correct that if they don't own it, then they don't have to pay taxes...

I think Jem is right as one of a few scenarios I can think of. The big key is who get stuck with the bill. That is tough to figure out. The first payment of the bill came with US citizens getting hammered in inflation, another part with the US citizens dropping net worth back 30 years or so...

You will then be known as the deli Lama - his market holiness.

Well hello Deli, say hello Deli, its so nice to have you back where you belong .... .... Deli'll never go away again

From the other side that I left in 2005. The company had a department of about 1000 IT folks. I was a middleware infrastructure expert and a team leader for the highest availability applications we had. Many of us were pushed out in our fifties because they wanted younger folks, and to fill...

I have other potential scenarios but since there has been no help in working out what could happen, I will reserve them. It is very hard to speculate, but it is really hard without sound feedback. It is certain that nothing is certain. I think it is a useful exercise to speculate and plan...

Guess only. One scenario. I think that the catalyst will likely be a "black swan event" since most information bad and good is already discounted. That event is likely to involve a massive debt servicing liquidation beyond the ability of the bankers to stuff money into the system quickly...

You may be right, however, I think that this is the same explanation I hear from economists. (The other common phrase is "it's a demand problem"). I will ask you the same question I always ask, please show me some charts of this private sector debt being paid back. Most go silent at this point...

Too complicated for me too. That is why I use models of how the world works. Sometimes those models are wrong. ... and the base currency in a world fiat system is also a pegged currency, isn't it? That is one of the roots of the US currency and GDP problems - search out the Triffin dilemma...

My comment before was first thought about almost a decade ago now. Today one question I would like answered (and I haven't yet settled for myself) is this: Is the world currency inflation-deflation game (ignoring multiple moving parts - labor, interest rates, trade imbalances, GDP growth...

With respect to Vicirek who makes great posts. Money printing as inflation is a myth in my opinion due to a confusion. The analogy I like to use is that printing money and stockpiling in rooms will obviously not cause inflation or any effect at all. The key is that the money has to circulate to...

Is every order type you use in your trading available to every market participant including those who MUST trade through intermediaries? If not, which order types do you use the most in your trading? Would you object to a minimum resting time or a minimum trade state time (say 1 millisecond)...

Array's can be allocated in two ways in languages - runtime and compile time. Some languages (especially script type languages) can't be dynamically runtime size allocated or changed at runtime and the size must be set at compile time. So the next thing I would do is use a sizeof(ARRAY) type...

I have never programmed with this language but the error message seems pretty clear. An array of 200 elements goes from element 0 to 199. There is no element 200. So the program doesn't like printing the 201th entry in a 200 element array. Modify printf("Close[200] is %f\n", Close[200]); to...

But this must be impossible. Someone said that one can't be wrong twice and this seems to admit a third time. Shocking indeed! Calling tops and bottoms may be great fodder for the ego, but money makes the world go round. Do you want to be right or do you want to make money? BTW, I am short...

I think this is because many people have never stopped to ask who is giving them money when they trade. In a world where reportedly 95% fail, it is a big ego push to assume they are just "smarter than everyone else". If they went to a casino and were "smarter than everyone else" I think that the...