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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (171485)5/11/2021 5:56:12 AM
From: TobagoJack  Read Replies (1) | Respond to of 218224
 
In the meantime an analyst I at time pay attention to, a relatively serious person and effectively a scholar, tells us about the middle class in Shanghai, and should we believe his take, difficult to reconcile w/ tyranny state-capitalism doing what the nazis did

a lot of daylight in between the two possibilities for sure, allowing for much middle-ground take, but does raise the question for whatever the prevailing MSM is trying pitch as the go-to narrative

scmp.com




To: Maurice Winn who wrote (171485)5/12/2021 4:54:24 AM
From: sense  Respond to of 218224
 
I think most of the currency trade volatility is... artificial.

It is also a lot like gold and silver... with the (paper) trade enabled for the trade's sake being huge... while most of those trading. including the 5.5% they say is retail, have absolutely zero use for any of the currencies they're trading...

The financialization of everything... is the sypmtom... and crypto is both a product of and a part of that...

50+ Forex & Trading Industry Statistics & Trends
12x larger than the commodities market
27x larger the stocks market

The annual flow is well over 2.5x global GDP ?

They tout great liquidity... which is obviously true... but don't see much discussion about the point of it as a contributor of VALUE...

Would be interesting to see how much "trade" is actually done with that $, as opposed to "trading" the $.

Does leave one to wonder... given the great liquidity they note... if all the liquidity that we note as missing in the economy with a near zero velocity... is simply too busy being tied up in trading this or that... that's its starving the real world of capital in order to goose bank's trading desk profits.

From Sept 2019: Global Currency Trading Surges to $6.6 Trillion-A-Day Market