Trading Vipers

From a pirate of finance: "newsflash: people with no hands on experience of derivative markets should stop writing things that make them look stupid."Pete D


Reply:
@ Pete D: What is stupid is to derivate most of the universe free, investable capital, towards a derivative universe. because it is the path of destruction of civilization.

Not all trading is allowed: for example, one cannot buy and sell people anymore. Although it was long lawful in the USA. Progress is often about making unlawful tomorrow what was lawful, yesterday. Those who don’t understand that are stupid. Ultimately capital represents energy, and deliberately wasting capital in mutual bets in derivative universes is a crime, because, in the fullness of time, we have only that much energy to waste before switching to a more sustainable civilization. If we don't switch, we must deperish.

But of course, some people are so stupid that all they understand is their pocket, and how to fill it.

A viper’s brain is fast, about one thing, and it does only that one thing really better than any other creatures: inject poison, and swallow. I do not expect vipers to understand much more than that. Derivative traders and vipers may be fast and well fed, but they do not a civilization make.
http://patriceayme.wordpress.com/
PA