I'd rather have a bowl of coco pops

[BrilloPad]

NIRP is not the answer.

QE is not the answer.

Derivatives are not the answer.

42?

[PurpleGorilla]

42?

Indeed!

No the answer is that this tulip has to correct. Last man standing.

[Tensai]

Which is where cryptocurrencies should be coming in. The problem is that they are completely unregulated and subject to dodgy deals, rather than the poorly regulated dodgy deals that we're used to.

Bitcoin et al are a loooooong way from being an alternative. The current unedifying debate about the blockchain capacity has really highlighted the risks of operating as a leaderless free-for-all.

[BrilloPad]

Indeed!

No the answer is that this tulip has to correct. Last man standing.

When I worked at a hedge fund the head thought the end of the (banking) world was coming. So he switched everything to last bank standing. HBOS.....

In other news :-

People who own shares in banks failing to attract any sympathy whatsoever

[LondonManc]

Bitcoin et al are a loooooong way from being an alternative. The current unedifying debate about the blockchain capacity has really highlighted the risks of operating as a leaderless free-for-all.

Correct, which is why I said "should". A globally-regulated and standard currency is a wonderful pipedream but that relies on much greater equalities throughout the globe, which the current powers that be will clearly be reluctant to accept.

[BrilloPad]

Correct, which is why I said "should". A globally-regulated and standard currency is a wonderful pipedream but that relies on much greater equalities throughout the globe, which the current powers that be will clearly be reluctant to accept.

East and West are equalizing. They were roughly equal until ~1800. Then they diverged. Getting closer together now.....