Tuesday, May 15, 2012

has waly world's alleged " collective minsky moment induced sobriety".... warn off ...already ?

"financial markets are inherently unstable. They will neither self-correct nor self-regulate. Their instability poses a threat to markets and economies and people across the globe. Therefore, they need to be regulated. That’s not to say that anyone knows the best way to do this yet in order to balance the necessity of oversight with the dynamics of the markets. We don’t know where to set the speed limits. It must be an iterative process"
jared blumpenstein


It must be an iterative process indeed jared

iterative piled on top of  iterative
as one iterative clogs to a hault
and the instability rebuilds and rebuilds

yes the firms despite all and every prior
 in these market mediated games will play on and lever up and up again

that too is an iterative process

and its a very uneven contest here

   regs against racketeers
elmer versus bugs