Tag: economics
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Knowledge is NOT power... (or: 知識は力ではありません) 🙂
Taro Aso said that bankers in Japan had not been able to understand the complex financial instruments that were the undoing of major global players in the 2008 crisis, so had not bought them. "Many people fell prey to the dubious products, or so-called subprime loans. Japanese banks were not so much attracted to these products,…
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High Frequency Trading, computers, humans...
In markets, as in war and medical research and just about everything else, technology tends to impart an advantage. This is how a single computer program of mysterious origins managed to make up 4 percent of all quote traffic in the U.S. stock market last week while hoarding 10 percent of the bandwidth allowed for trading…
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