synthetic securities---Complicated financial/insurance contracts that are tied to
underlying global assets. Their real risk is non-computable and
the time it takes to unwind them is also not very clear.
Some insist these things aren’t real, others say they are a vortex in a teapot or something like that,
but none will argue that when these bots backfire they could send the whole global
economy down the drain. On the other hand, some say they could serve to make
profits at a time when it is very difficult to get returns on
investments.
underlying global assets. Their real risk is non-computable and
the time it takes to unwind them is also not very clear.
Some insist these things aren’t real, others say they are a vortex in a teapot or something like that,
but none will argue that when these bots backfire they could send the whole global
economy down the drain. On the other hand, some say they could serve to make
profits at a time when it is very difficult to get returns on
investments.