Little OT, but looks like some smart people hang around here, so I'm going to ask.
I would like to know what are YOU thinking about markets, specially FX market now.
Personally I'm afraid panic is back in the global system. Looking stock market (and oil), indices makes me think about 2008, although situation now is even more complicated.
For FX it would mean people with big money, big fear and big losses are preparing for the worst by getting back to a FX positions to cover possible damages in other markets?
At the moment damages are related...
"Everything is a system. Systems have entropy, eventually all systems fail."
When they try to prop up a system which is basically trying to say let me go and set-up something new well the result is in the basic.
"Every goes in circles"
If barter system was the starting of the whole system guess where we might eventually go.
If we do get there and I hope we don't: I want to have gold, silver, commodities. I wonder how far I can stretch a few grains of rice, or a handful of sugar.
Disturbing interesting times are ahead. Lets try to keep +ve.
