markjgsmith

2023/09/25 #

• FX is where all the missing money is - Peter MacCormack asked on a recent podcast, and unfortunately I can't find exactly where as I write this, he asked where is all the money that regular people have lost on the stock markets in recent years? Good question. Today's Eurodollar University, perhaps not uncoincidentally covers FX, Jeff Snider highlights what this shadowy part of the money system does. It's a vital part of the system, even if it is very opaque. McCormack did an interview with Nik Bhatia covering FX just this week.

  This note birthed the blog post: Where is all the missing money?. #

• G7 strange but true: There is a popular cab company here in Vietnam called G7. On it's own this little oddity doesn't seem particulary important, but the more time you spend here the more of these wierdnesses you notice. Eventually you start to realise none of them are coincidences. I'm not at all saying it's nefarious, but it's certainly noteworthy. #

• Do you believe in free range humans? It might be that much of the worlds problems and disagreements boil down to a difference in opinion on this fundamental question. The reason it is such a challenge is because the extremes on either side of the answer are likely not possible solutions. Yet we live in a world with maximalists on both sides, locked in an eternal war. Which makes you wonder how the majority manage to not be held hostage by this unlikely and bizare partnership. #