European Tribune - Comments - Credit markets: "Don't panic", they beg

Credit markets: "Don't panic", they beg | 113 comments (113 topical, 0 editorial, 0 hidden)

the Chinese Communist Party has no understanding of the recursive Love-Me numbers that rule the minds of the US financial markets.

I am wrong in thinking that the inner circle contains a lot of engineering types quite capable of comprehending those numbers should they feel like it? Don't underestimate the evil capabilities of technocrats.

by Colman (colman at eurotrib.com) on Wed Aug 8th, 2007 at 08:13:48 AM EST
[ Parent ]

Re: China threatens (none / 0)

Love-me numbers have nothing to do with engineering or indeed logic. That is the point. The stock market and everything related to it is not about logical value. Heck, it has little to do with any kind of value. That is what the Chinese have difficulty in understanding.

You can't be me, I'm taken

by Sven Triloqvist on Wed Aug 8th, 2007 at 02:41:50 PM EST
[ Parent ]

Credit markets: "Don't panic", they beg | 113 comments (113 topical, 0 editorial, 0 hidden)

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