Europe’s Banking Union: A Fragile Super Monster?
The scope of the European Banking Union is (see here): “In response to the financial crisis that emerged in 2008,Continue Reading
Tag: Complexity
How to Best Breakup The Eurozone?
(Blog written in May 2013) The Eurozone is in an extremely fragile situation with a one-star resilience rating for theContinue Reading
The Derivatives Time-Bomb
Warren Buffet said in 2003 that the derivatives market was “devised by madmen” and a “weapon of mass destruction”. GlobalContinue Reading
US Markets – A Bubble Approaching?
Assetdyne analyzes stock market data on a fortnightly basis, measuring and tracking the complexity and resilience of the major USContinue Reading
Why Regulating Ratings Won’t Fix the Problem
Much has been written about the global economic crisis, its causes and its consequences. We could say that to aContinue Reading
Europe, the Eurozone Crisis, Complexity and Systemantics
The laws of systemantics are said to be pseudo-science. Fair enough. A few of these laws are listed below. TheyContinue Reading
Probability of Default Versus the Principle of Incompatibility
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
Risk = Probability X Consequences. Really?
(image from http://www.impactlab.net) Probably the most frequently used definition of risk is this one: Risk = the Probability ofContinue Reading
On the Complexity of Dynamics and the Dynamics of Complexity
When talking of derivatives and other sophisticated financial products, people often say that they are complex, that they have complexContinue Reading
Beyond Risk Management. What Are The Alternatives?
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
Artificial Intuition 