Discussion in 'The Economy' started by Tropo, 24th Oct, 2011.
Data Points: An Overview of the Euro Crisis - NYTimes.com
Very complicated but what is vital few?
You could not disagree the complication of the modern financial and economic system. So people said a wing flap of a bird in India could cause tsunami in US and EU.
It is important to know the complication and everyone could make miscalculation what will happen tomorrow. But do you want to leave away from the market or find a way to make you play for opportunities with fail-safe?
Could you be ready for tsunami in XAO even its underlying economies are still OK? Could you know where your corner should be and you could run around your corner safely?
Yes, if EU could not stall the domino effects, GFCII could be on the table. Has market or XAO gone far enough in the road to brace the GFCII? What if GFCII is there to your capital? What if GFCII is not there for your future?
Uncertainties are what market would show us but do you have the right personalities to deal with the uncertainties? All of market players are fearful for the system but how many of them know the financial system is a huge control system partly open and partly closed?
It is not right to use the fact of wing flap and tsunami to stop the people to find the chances. Market could be in deep illusion of validity for what it is happening. Not at all of the time bird wing flap would cause the tsunami! And it is not always tsunami would happen one after another.
One force if hitting out too strong, would meet head wind against it. Complication needs simple logic to master. Could you be bullish when the pitch darkness has scared the tax drivers to worry about their traffic?
What if China tips off or not? What if EU could or not stabilize the debt issue? What US has been in recession since August? Could we predict the financial system would be in the sink? Have the damages done enough? Could you survive if it is worse than worst cases you could image? Are you completely hopeless to choose a option with good probability to win?
Inverting and inverting! You need validation but not illusion, which need us to be organized, analytic, disciplined, and self-reliant. Do you think the darker prediction in darkness is a good attitude for a market player? Do you think thrilling and euphoric in peak is a good way to get the money into the pocket?
Get your minds and prepare for what if you are wrong!
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