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Message Subject
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"NO BID" threat looming. When the computers stop trading...any tradable funds may drop to zero!
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Poster Handle
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Marxist |
Post Content
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With the leveraging right now THERE IS NOT ENOUGH LABOR IN THE ENTIRE WORLD to account for even a fraction of the USD in circulation as electrons....this is DANGEROUS!
Quoting: Anonymous Coward 19514200 Good point! So in other words, there is insufficient surplus value to soak up the brought forward losses being generated by leveraging. Of course, automation and wage reduction is what will take the hit....to an extent. Where the risk lies is in global inventory eventually taking a deflationary nosedive as businesses compete into extinction in a bid to survive in this environment. However, I take your point that the extent of the leverage is the start of a decline in the systems capacity.
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