2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.96

-1.8%

Nov 14 4:00 PM EST

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Lee Lichterman III

To: TobagoJack who wrote (185014)	3/8/2022 6:42:28 PM
From: sense	1 Recommendation Read Replies (1) of 217830

No quibbles... as far as it goes... it just doesn't go far enough... Yes, cancelling trades is bad... not because it places stresses on producers or traders... but, because it imposes a forced re-prioritization on our values... and does that inequitably. Why should Big Shot get a free pass... when some mom and pop investors who did the same exact thing, betting the same way... only on a vastly smaller scale that does NOT have systemic market impacts... are allowed to get wiped out ? The article totally ignores the moral hazard argument... the primacy in the need for the integrity of the values of the markets being upheld... and surrender to that corruption in favoring the expediency of allowing "some" to circumvent the forces of reality... when others cannot. That it is inherently and essentially unfair... isn't the worst of it ? If producers are a "knowing" part of that market and agree to be participants in the market... they must be forced to agree to protect that market... When instead of fostering optimal market function... they instead are seen to be inflicting monumental scale errors in markets... they must be allowed to fail... so that their failure enables the CORRECTION it should... by eliminating the source of error. That is the primary purpose applied by the market's FUNCTION... Otherwise, in that instance, the corruption fails the market... the market does not function... and AS the failure imposes a lack of market function... error will not be corrected... which is a function that OTHERWISE will occur. Markets being left to function... requires allowing them imposing the fact of the failure... only thus ensuring that in future that nickel mine (which will not cease to exist, as the article pretends, if its proprietor's business is forced to fail) will INSTEAD of being run by a proven failure whose failure imposed systemic risks on everyone... and forced them to be recognized... will INSTEAD... be run by new management who, after the failure is forced out... will run the show INSTEAD of the guy who just failed. That is the PRIMARY FUNCTION of the market... to weed out failure... while the primary function of corruption... is to impose and protect it. So, realizing that... the problem is not the failure at one producer... but the failure of the market to enforce market discipline... And that means... "the market is broken"... because someone with the power to control it... broke it... And that someone... in this case... is BOTH... the Chinese government... and the banks who operate the market... both of whom are FAILING... in not upholding the BASIC requirements of markets... That banks and governments lack integrity... and are corrupt... while passing off their willful tolerance and imposition of corruption as "practical" and "expedient" is not new... and it is not news... But, it is also true... that it is unacceptable... to accept the products of THEIR corruption and failure... being imposed on us.... through their corruption of the market function... to protect themselves from the reality that they ARE FAILURES... I wonder how "Let's Go Brandon"... translates into free market language with Chinese characteristics...

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