Spiga

We're in Systemic Risk!!!!!!!!!!!



And im a bit confused as to why the markets are not alot lower at this point and the dollar hasn't crashed (any worse). Of course, my experience trading through a decade worth of market taught me that intervention is working overtime to overcome this issue. Currency fluctuation is the ultimate blow to this environment. But by definition, since 2001, this is where we find ourselves:

In finance, systemic risk describes the likelihood of the collapse of a financial system[citation needed], such as a general stock market crash or a joint breakdown of the banking system. As such, it is a type of "aggregate risk" as opposed to "idiosyncratic risk", which is specific to individual stocks or banks. Systemic risk should also be carefully distinguished from Non-systemic risk, which describes risks which the whole economy faces such as business cycles or wars.
Thanks wikip....

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