Banks still maintain thousands of traders

From: Eurosceptics and slogans to seriously and who helped destroy the mind criticism before the worst deviations from among Parmi des Parmi parmi: bobards et slogans pas à le sérieux et qui ont contribué à annihiler l' esprit critique devant les pires déviations des Parmi critique critical It is by reference to a universe, "WSL" (mathématisé), that makers of high flight would take their "strategic" decisions This would result in a significant extension of their scope. Limits in would be set by the only calculation of probabilities.

With this method, or the alibi, large investment banks have disproportionately swell their respective balance sheets by the acquisition of more and more risky assets and "so" in more profitable (this is an another postulate of the "virtual economy"). The model ensured them that the chances that they are exposed to a liquidity crisis was of the order of one in 1 million! Let me here to dare allusion to the recent collision between the nuclear submarine French Launcher gear (SNLE) "Le Triomphant" and his British counterpart "Vanguard". This accident was by the same method theoretically excluded. And, suddenly, us is delivered in the presence of this uncomfortable reality: each of these discrete (until the night of 3 to February 4) patrol and there are others carries of strategic missiles whose power is estimated at approximately 1,000 times the Hiroshima bomb. By nature, these massive deterrence weapons are instruments of terror. Would their deployment meet a sort of routine reflex, inherited from the cold war It is hard to believe.

What DELIRIUM is behind the apparent coolness with which these mission orders are given and carried out The image of a "virtual" and, as such, designed threat as detached from its current context (where a great war is not imminent) provides the explanation. Him against a similarly disproportionate response because device that, similarly, thought in the abstract (but constituted by real armed submersibles of true nuclear heads etc). Thus security policy indicates on the part of those who charge a characteristic loss of the meaning of the orders of magnitude. Nothing we would waive the maximum power that modern techniques (military, financial) are at our disposal. Why Because these techniques also give us the means to keep a perfect mastery of the instruments of power. This contention is illusory but forgoing is unspeakable. Moreover, to expose the competent authorities referred to the accident of the "triumphant", it took only a British newspaper said "popular", "the sun", sell the wick. Aggravating element: any market dysfunction whose result has been to knees (if it is on land) most of the major banks to investment of the United States and Western Europe will was revealed to the public by the so-called authorities of "regulation". It is the press which, each time, will be unveiled deviant behaviour. It is also true that it takes a certain degree of naivety to denounce practices inherent in modern and now authorized finance timescale markets! Is it normal that non-professionals, such as banks this summer, could be "virtual" players (without ever take delivery of the goods) speculating on rising or declining, materials such as oil

After months of infusion administered by the State or the Central Bank, banks can still borrow or lend. The main reason: they finance with huge budgets (equal to or greater than the GDP of a large country) by the short term. Question for regulators. Banks still maintain thousands of traders. For them, the risk is volatility in the markets. The Yo-Yo stock market are a virtual potential source! profits (or losses) enormous. Traders are still there and paid. They keep the arms crossed But banks, unable to borrow now, only have two sources to "intervene" in the markets: the taxpayer money or that of the applicants. What are