The Green Gap

In the Cold War, we feared a Missile Gap was a strategic weakness. Nowadays, we must awaken to the fact that the Green Gap is true strategic weakness: the nations whose economies will thrive in the coming years will not be those with the biggest factories, but those with the most sustainable, efficient, and ecological markets. What we require is a Strategic "Green Reserve" of ecological design to weather the coming changes that both climate and resource scarcity will force on the international economy.

Tuesday, 27 September 2011

The Eurozone vs. the Hedge Funds

A trader gets to the meat of the matter about the market. I don't necessarily believe him when he says Goldman Sachs (and its ilk, I imagine he is implying) rules the world. Governments do have more tools at their disposal than Goldman Sachs. I don't necessarily think that there will be a huge global crash... maybe there will, maybe there won't. What I do want to pick up on is a comment that may have been lost in the hyperbole: "I'm a trader."

That one line is important. He, and the other traders, do not care about bailouts or stimulus packages. He's there to make money from the market. If the market goes south, he and his colleagues will find a way to derive money from it, which will magnify the crash. It's his job. It's the market as force of nature: the traders are simply filling their part of the ecosystem. This is what the market does. All he can say is "be prepared".

So, be prepared!

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