Re: An essay on economic basis of bourgeois risk and gambling culture - parasitism as derivatives, options, swaps, hedge funds etc.

[Sabri Oncu <soncu@xxxxxxxxxxx>]

Marvin:

> "maybe they work for hedging purposes,
> but they still represent a potential source
> of catastrophic instability".

No! This was not my point. My was not that "maybe they
work for hedging purposes". My point was that they may
work for hedging purposes but not always.

Size matters.

Also my point was not that "they still represent a
potential source of catastrophic instability".

My point was that they are causing a catastrophic
instability, unless you don't realize yet.

As a Turkish saying goes:

Yanaklarindan operim,

which translates to:

I kiss you on the cheeks.

Best,

Sabri