Originally posted by tomtomagain
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€1.11/£ - Flash crash my lower rear anatomy
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Originally posted by The_Equalizer View PostIt's not exactly the Weimar Republic.
We've never been as good at Hyperinflation as the Germans ....
But now you have opened a can of worms. Expect the usual "Gold-bugs" to appear and start blethering about "fiat-currency".Comment
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Originally posted by The_Equalizer View PostI presume you're wishing this on your fellow Scots too."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by The_Equalizer View Post55% aren't real Scots anyway."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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I know it's the Daily Mail, but this bit I found interesting:
Computer reading a Brexit report in the FT may have triggered a crash of the pound | Daily Mail Online
However there is widespread speculation that some of the crucial ‘sell’ orders which sparked the panic were placed by computers which – much like the fictional VIXAL-4 – attempt to predict the direction of markets by analysing breaking news headlines.
To this end, it is intriguing to note the contents of an article that was published on the website of the Financial Times newspaper (FT) at the all-important time of exactly 00.07am.
Headlined ‘Hollande demands tough Brexit negotiations’, it contained quotes from a Thursday night dinner in Paris at which the French president, Francois Hollande, announced that Britain would have to ‘suffer’ for choosing to leave the European Union. ‘There must be a price’ for Brexit was how he put it.
Importantly, the tone of the FT piece, and the robust language in both its headline and major quotes, made it especially likely to have been flagged by algorithms.
In this particular case, the machines may have concluded that Mr Hollande’s comments raised the medium-term risk of a trade war that might weaken the pound and strengthen the dollar.
First Law of Contracting: Only the strong surviveComment
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Quantum computers crash when reading the DM."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by _V_ View PostI know it's the Daily Mail, but this bit I found interesting:
Computer reading a Brexit report in the FT may have triggered a crash of the pound | Daily Mail Online
Do these poor computers have to read the Daily Mail as well?Comment
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Originally posted by GB9 View PostIt's difficult for them when 99% of the stuff they have to plough through is moaning."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostThey need to know what will cause humans to get cancer to help them with their plans of world domination."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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