September 26, 2005

fat tail winds and currency time travel


 
evogramble :


on 
    fat tail risks 


the distribution 
          of financial risk
                     is not normal 

   the fourth standard deviation 
                 is way too  likely 
and its turn at bat 
   is coming pard-ners 


----------------------------------------

  all CB's must collude

THAT'S WHAT KEEPS
 
all "the voild's " currencies
flying in acceptable formation 


wanna see what happens 
when they don't 
properly collude

check out 1919-1939 


kids need a village


golobal  economic networks

need 

an "isimo"
    enforcer 


before 1914
 that was london

after 1945

that's been wallywash


that is all

======================================



Posted by pinky at September 26, 2005 06:06 AM

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