Do not read if you're in a sad mood

[harrytrader]

Quote from daniel_m:



of course it's a choice! what the hell else could it possibly be??

sure, the information she based her decision was faulty, but buddy, that simply comes back to RESPONSIBILITY!

Words are proxy for realities. When you hear that the japenese finance minister gives his demission it's a farce of course. He has been sacked but yes he did the choice ! You know why ? Because banks wanted him to give them money from people taxes. he refused so he was sacked. Yes he chose to be sacked. But it is a different choice than if he wanted to retire because he wants to profit from life with his family.

So the word choice is a one-term to mean different things. We don't talk about the same kind of choice.

 

[daniel_m]

the 'choice' we are talking about is obviously different to the 'choice' the japanese minister made.

did the japanese minister have the CHOICE to stay on? you seem to be saying that he didn't. so he didn't really choose to retire; even if he wanted to stay on he would have been fired. that's entirely different.

if our woman had WANTED to remain alive, she could have quite easily done so; nobody would have forced her to take her life!

the woman had a choice, the minister didn't.

 

[harrytrader]

Quote from daniel_m:



now, i can imagine someone that quotes Taleb in his signature will probably come back with some smart ass line about how i couldn't possibly know the real risk of my position. well, you don't have to say it. i'm well aware that the the 'real' risk extends beyond what i've calculated -- but i'm willing to accept that. you sure won't find me whinging on a message board (or anywhere else) about it.

trading is much less complex than real life since I have even created a model of stock market It is like mathematics. To people saying that mathematic is complex, a mathematician answered that it is because they don't know real life

You can't put on the same level trading and real life.

 

[harrytrader]

The minister could accept the decision imposed to him to give people taxes to the bank. Many people would do it since it is other's people money. Yes he had the choice. A forced choice because he is prisoner of his honesty.

Quote from daniel_m:

the 'choice' we are talking about is obviously different to the 'choice' the japanese minister made.

did the japanese minister have the CHOICE to stay on? you seem to be saying that he didn't. so he didn't really choose to retire; even if he wanted to stay on he would have been fired. that's entirely different.

if our woman had WANTED to remain alive, she could have quite easily done so; nobody would have forced her to take her life!

the woman had a choice, the minister didn't.

 

[harrytrader]

Apart from being sad for that, I always think globally. And globally when economics oppressed people so much, extremism appears and it would not be a surprise if one day japanese extremists will profit from that as german nazis did to ask people to make a revolution.

Quote from WDGann:

Then Japanese are the smartest people in the world because we save money and act like ants to Corporate Japan? We don't take risks and say, "Hai Hai(Yes yes sir), to every authority.

We actually have the highest suicide rate in the world. Did you know that everyday there's 3 people who committ suicide by jumping off the train track in the morning? It's too common that, those things don't even appear in the news.

C'mon... from what you say, All Europeans or Western Culture is stupid from Japan...

Please!!!

You're a freagin' moron.

But do you know what happens to the family who is left behind? Most of the suicides are guys who committed their life to their jobs for 30 years and got fired because of the economy. They have no other life than that job, so they committ suicide. The family that is left has no where to go. Woman can't get jobs and support themselves so the wives or children starts prostituting or if the girl doesn't like to, they run away from home, get picked up by mobs, starts by treating them nice, drugs them and they prostitute again for the mobs.

 

[harrytrader]

Quote from daniel_m:



oh BS. who gets to decide what constitutes a 'benefit'?

wouldn't it be the person that desires to purchase the particular product/service? if HE believes it benefits him, then it benefits him.

obviously, we don't NEED $5000 hi-fi stereos and we don't NEED luxurious power boats and we don't NEED 80inch televisions, but some people WANT them. hence the 'benefit'.

now, the great thing is, if you DON'T want those things, you don't HAVE TO buy them! get it? CHOICE

It is a benefit. But as I said word itself is not important. What is important is the consequence of the nature of this benefit. If it is purelly financial, it means that economy, jobs people, etc... is no more important at all. When I was at school, we of course learned investment theory. The core of the theory is the discounted cash flow which involves financial interest. We compare a project rentability with financial market's one, if it is lower, then we don't invest in this economic project. So what happens when around 1980 interest rate was suddenly up ? Many economic projects weren't worth any more since you'd better buy bonds. And when a machine is broken it can become very hard to repair if it is complex. And economic is complex matter much more than stock market. They use stock market now to drive, in fact to pump the money from the economy. They also use taxes to do so. Some reports under Reagan showed that some years 100% of collected taxes serve to financial interest alone.

Now Greenspan can play with interest rates if the machine is broken, well...

And worse, at the beginning of 2002, they said FED will buy everything from gold, houses to government bonds. With what money ? Fiat money they give to themselves. It is a hidden transfer of properties and you will have to pay taxes through generations you will have to sell your houses because everything will belong to fed's PRIVATE banks since they own more and more governement debts so more and more taxes will have to go in their pockets.

 

[daniel_m]

Quote from harrytrader:

The minister could accept the decision imposed to him to give people taxes to the bank. Many people would do it since it is other's people money. Yes he had the choice. A forced choice because he is prisoner of his honesty.

oh ok. excellent! then the minister had a choice too! and for him the 'right' choice was to be honest (or, more correctly, what he believed was 'honest') than to pursue his political ambitions.

choices for everyone! hooray!

 

[harrytrader]

Don't think it's finished and that you will have the last word

I'm thursty, I will go to buy some coke. I will come back this evening

Quote from daniel_m:



oh ok. excellent! then the minister had a choice too! and for him the 'right' choice was to be honest (or, more correctly, what he believed was 'honest') than to pursue his political ambitions.

choices for everyone! hooray!

 

[freealways]

Gee Daniel, I am sorry to hear that you 'got screwed' out of a decent junk of your equity last year.

I wonder how that possibly could have happened to a person like yourself who seems to have all the answers because he knows everything.

How could such a terrible thing possibly have happened to you ?
I am sure that everyone would be pleased to learn about your misfortune so please tell us more.

Jack

 

[freealways]

>>I'm thursty, I will go to buy some coke.<<

Harrytrader, don't you know how much sugar is in that terrible brew and what it will do to you ?

Jack