Brazil and High Frequency
Trading
There's an important adjustment that
Finance Minister Guido Mantega still
need to implement in Brazil to raise income for the Brazilian
government, and also to bring a better foundation to the stock market
in Brazil: Finance Minister Guido Mantega need to create and adopt
a financial transactions tax (FTT) to kill high frequency trading
(HFT) in Brazil, and the distortion, the market instability, and the
pillage of assets that (HFT) brings to the stock market.
By: Ricardo C. Amaral
**********
Wednesday, January 16, 2013
Economic Forecast for US Economy for
2013 and Beyond
In a Nutshell: The global
banking system still is at the edge of the abyss, and we would have a
massive global financial meltdown, if they were not trying to play
games with the figures, and trying very hard to hide their massive
losses the best way they can.
What this US$ 645 trillion dollars figure is telling me is that most of the derivatives is nothing more than a humongous “Ponzi Scheme” that can blow up at any time and start a massive chain reaction that can destroy the entire global financial system – it will be remembered as: the mother of all financial meltdowns.
During the great depression of the 1930's we had the stock market collapse of 1929, then in the following 3 years the stock market bounced back, then in 1932 started the real nasty decline that sunk the stock market and the US economy into the bottom of the abyss.
Today, we have reached that special 1932 turning point: the point where the stock market and the US economy it will sink like the Titanic.
What I am saying is: it does not matter that Barack Obama was re-elected president of the United States, because we are entering the catastrophic phase of the new great depression similar to the period from 1932 to 1940.
I don't know what kind of time the “QE-Europe”, and “QE-infinity” programs from US and European central bank can buy to keep the U.S. financial and economic system afloat a little longer, and keep the entire system from imploding into a black hole?
We are going to have real rough years ahead of us. It's not going to be a pretty sight.
You can bet on that!!!!!!!
By the way, this new great depression that is underway, it will be a lot worse than the great depression of the 1930's for large parts of the population.
You might be wondering why the US mainstream media has not been using the term “Great Depression” to described what has been going on in the economy of many countries all over Europe, and in the United States?
Only few years in the future they will look back to this period that we are going through, and then they will start calling this period the “First Great Depression of the 21st Century.”
My guess is that in 2013 – 2015 period we will have another massive global financial meltdown worse than the one we had in 2008.
We never had before so much government interference and manipulation on the financial markets in the way that we have today, and it is hard to predict what would create the spark that would blow up the entire global financial system – but that could happen at any time.
What this US$ 645 trillion dollars figure is telling me is that most of the derivatives is nothing more than a humongous “Ponzi Scheme” that can blow up at any time and start a massive chain reaction that can destroy the entire global financial system – it will be remembered as: the mother of all financial meltdowns.
During the great depression of the 1930's we had the stock market collapse of 1929, then in the following 3 years the stock market bounced back, then in 1932 started the real nasty decline that sunk the stock market and the US economy into the bottom of the abyss.
Today, we have reached that special 1932 turning point: the point where the stock market and the US economy it will sink like the Titanic.
What I am saying is: it does not matter that Barack Obama was re-elected president of the United States, because we are entering the catastrophic phase of the new great depression similar to the period from 1932 to 1940.
I don't know what kind of time the “QE-Europe”, and “QE-infinity” programs from US and European central bank can buy to keep the U.S. financial and economic system afloat a little longer, and keep the entire system from imploding into a black hole?
We are going to have real rough years ahead of us. It's not going to be a pretty sight.
You can bet on that!!!!!!!
By the way, this new great depression that is underway, it will be a lot worse than the great depression of the 1930's for large parts of the population.
You might be wondering why the US mainstream media has not been using the term “Great Depression” to described what has been going on in the economy of many countries all over Europe, and in the United States?
Only few years in the future they will look back to this period that we are going through, and then they will start calling this period the “First Great Depression of the 21st Century.”
My guess is that in 2013 – 2015 period we will have another massive global financial meltdown worse than the one we had in 2008.
We never had before so much government interference and manipulation on the financial markets in the way that we have today, and it is hard to predict what would create the spark that would blow up the entire global financial system – but that could happen at any time.
*****
Regarding Brazil and the Brazilian
Economy in 2013:
President Dilma Rousseff should keep Guido Mantega as the Finance Minister in Brazil, and she should ignore “The Economist” magazine suggestion.
“The Economist” magazine suggested recently that President Dilma Rousseff should fire the Brazilian Finance Minister Guido Mantega.
President Rousseff should ignore this silly suggestion from “The Economist”, and take it with a grain of salt considering the source of such a suggestion.
Guido Mantega has been guiding the Brazilian economy the best way he can considering the massive mess that we have in Euroland, and also in the United States that affects the Brazilian economy.Guido Mantega has been doing a superb job in putting in place the policies to protect the Brazilian economy, and place it in a path for prosperity in the coming years.
Finance Minister Guido Mantega should: Keep up the good work!!!!!
I understand that this attack by “The Economist” it is part of the “Currency Wars” that is going on - “The Economist” should concentrate and continue to give their precious advice to a bankrupt England and “The Bank of England’s” new boss Mark Carney; another gang member of “Goldman Sachs the Pillage People” and their network of thieves.
President Dilma Rousseff should keep Guido Mantega as the Finance Minister in Brazil, and she should ignore “The Economist” magazine suggestion.
“The Economist” magazine suggested recently that President Dilma Rousseff should fire the Brazilian Finance Minister Guido Mantega.
President Rousseff should ignore this silly suggestion from “The Economist”, and take it with a grain of salt considering the source of such a suggestion.
Guido Mantega has been guiding the Brazilian economy the best way he can considering the massive mess that we have in Euroland, and also in the United States that affects the Brazilian economy.Guido Mantega has been doing a superb job in putting in place the policies to protect the Brazilian economy, and place it in a path for prosperity in the coming years.
Finance Minister Guido Mantega should: Keep up the good work!!!!!
I understand that this attack by “The Economist” it is part of the “Currency Wars” that is going on - “The Economist” should concentrate and continue to give their precious advice to a bankrupt England and “The Bank of England’s” new boss Mark Carney; another gang member of “Goldman Sachs the Pillage People” and their network of thieves.
“The Economist”, and also the “Financial Times (UK)” doesn't like the interest rate, and currency policies that Finance Minister Guido Mantega, and the Brazilian Central Bank are following in Brazil, because they want Brazil to offer higher interest rates for the “Hot Money” - since Ben Bernanke (and the Federal Reserve) is keeping a very low artificial interest rate in the United States in a major effort to resuscitate the U.S. financial and economic system.
The “Currency
Wars” is going to move to a new level in 2013 as the European
Central Bank, the U.S. Federal Reserve, the Central Bank of China,
the Japanese Central Bank, and the Bank of England under their new
“Godfather” Mark Carney continue their race to the
bottom.
Finance Minister Guido Mantega, and the Brazilian Central Bank should keep adjusting the interest rates in Brazil accordingly to the “Currency Wars”, and as the markets deteriorate in Europe and in the United States, they should continue to reduce further the interest rates in Brazil (Selic rate) to a level around 5 percent.
Finance Minister Guido Mantega, and the Brazilian Central Bank should keep adjusting the interest rates in Brazil accordingly to the “Currency Wars”, and as the markets deteriorate in Europe and in the United States, they should continue to reduce further the interest rates in Brazil (Selic rate) to a level around 5 percent.
Many people asked me if the year 2013
will be a rough year for the Brazilian economy as it continues to
adjust the internal market to achieve a sound economic and financial
system for the long term.
I remind my friends that even though 2013 it will be a very tough year for the Brazilian economy – they should look at from the correct perspective: when compared with the massive mess in Euroland, and the US economy, and the adjustments in the Asian economies – the Brazilian economy it will do better than these other competitors.
There's an important adjustment that Finance Minister Guido Mantega still need to implement in Brazil to raise income for the Brazilian government, and also to bring a better foundation to the stock market in Brazil: Finance Minister Guido Mantega need to create and adopt a financial transactions tax (FTT) to kill high frequency trading (HFT) in Brazil, and the distortion, the market instability, and the pillage of assets that (HFT) brings to the stock market.
I remind my friends that even though 2013 it will be a very tough year for the Brazilian economy – they should look at from the correct perspective: when compared with the massive mess in Euroland, and the US economy, and the adjustments in the Asian economies – the Brazilian economy it will do better than these other competitors.
There's an important adjustment that Finance Minister Guido Mantega still need to implement in Brazil to raise income for the Brazilian government, and also to bring a better foundation to the stock market in Brazil: Finance Minister Guido Mantega need to create and adopt a financial transactions tax (FTT) to kill high frequency trading (HFT) in Brazil, and the distortion, the market instability, and the pillage of assets that (HFT) brings to the stock market.
Copyright © 2013 All rights
reserved.
Ricardo C. Amaral
Author and economist
He can be reached at:
brazilamaral@yahoo.com
**********
Ricardo C. Amaral
Author and economist
He can be reached at:
brazilamaral@yahoo.com
**********
I posted this information on
Facebook at Charles Gasparino webpage about communism and ideology on
October 17, 2011.
Charles, why are you still fighting a
war of the 20th century?
For all practical purposes the American
style of capitalism died a sudden death in 2008.
What we have since that time is a corpse that the US government has been trying to revive and have kept it in life support.
Without the massive US government intervention, and all kinds of US government guarantees this corpse would have been buried by now.
If the US capitalist system is so great then why the crumbling infrastructure of the United States looks like the infrastructure of a 3rd world country?
The deterioration of the entire infrastructure of this country did not happen overnight. It happened over many decades.
The capitalist system has been consistently running against a brick wall. It is system that don't take in consideration the long-term of a business or the country.
The capitalists milk the system dry every time, and they don't have a clue that you need to reinvest and maintain and up date your product or infrastructure for you to keep competitive, and have a chance of survive in the future.
The US had a great steel industry, but the shortsighted capitalists were more interested on their dividends, and in milking their business to the bone until foreign competition put them all out of business.
The auto industry has a similar story of capitalists not being able to see more than a few quarters ahead of them, and the US auto manufacturers are in trouble with very bad prospects for the future.
In a nutshell: American capitalism has been reduced to this:
60 Minutes - High Frequency Trading
http://www.youtube.com/watch?v=p40Kpmu60YM&NR=1
What is High Frequency Trading?
What we have since that time is a corpse that the US government has been trying to revive and have kept it in life support.
Without the massive US government intervention, and all kinds of US government guarantees this corpse would have been buried by now.
If the US capitalist system is so great then why the crumbling infrastructure of the United States looks like the infrastructure of a 3rd world country?
The deterioration of the entire infrastructure of this country did not happen overnight. It happened over many decades.
The capitalist system has been consistently running against a brick wall. It is system that don't take in consideration the long-term of a business or the country.
The capitalists milk the system dry every time, and they don't have a clue that you need to reinvest and maintain and up date your product or infrastructure for you to keep competitive, and have a chance of survive in the future.
The US had a great steel industry, but the shortsighted capitalists were more interested on their dividends, and in milking their business to the bone until foreign competition put them all out of business.
The auto industry has a similar story of capitalists not being able to see more than a few quarters ahead of them, and the US auto manufacturers are in trouble with very bad prospects for the future.
In a nutshell: American capitalism has been reduced to this:
60 Minutes - High Frequency Trading
http://www.youtube.com/watch?v=p40Kpmu60YM&NR=1
What is High Frequency Trading?
No wonder everything in the US is collapsing and going to hell in a handbasket.
American capitalists have no vision of the future, if they had then the infrastructure of the United States would not be in the terrible shape that the entire country is, and you can see what I am talking about on this video:
The Crumbling of America
http://www.youtube.com/watch?v=zBSPcIGGcIc
The sad reality is that the United States is collapsing just like the Soviet Union – the collapse is already underway, and it is reaching an advanced stage.
The special status of the US dollar being the main global reserve currency is the only reason the US economic system did not collapsed into a sudden death just like the Soviet Union did a few years ago. But the US dollar it has reached the end of the line as the main reserve currency. The international monetary system is in deep trouble, and everything it seems to be getting completely out of control.
**********
Here is some information that I
posted on the Elite Trader Forum, on Facebook, and on Brazzil
magazine from March 2011 to August 2012:
TEDxNewWallStreet - High Frequency Trading Explained – April 12, 2012
TEDxNewWallStreet - High Frequency Trading Explained – April 12, 2012
Sean Gourley - High frequency
trading and the new algorithmic ecosystem
Dr. Sean Gourley is the founder and CTO
of Quid. He is a Physicist by training and has studied the
mathematical patterns of war and terrorism. He is building tools to
augment human intelligence.
Description of Talk: The speed of human strategic thinking is fundamentally limited by the biological hardware that makes up the brain. As humans we simply cannot operate on the millisecond time scale -- but algorithms can, and it is these algorithms that are now dominating the financial landscape. In this talk Sean Gourley examines this high frequency algorithmic ecosystem. An ecosystem, Gourley argues, that has evolved to the point where we as humans are no longer fully in control.
Description of Talk: The speed of human strategic thinking is fundamentally limited by the biological hardware that makes up the brain. As humans we simply cannot operate on the millisecond time scale -- but algorithms can, and it is these algorithms that are now dominating the financial landscape. In this talk Sean Gourley examines this high frequency algorithmic ecosystem. An ecosystem, Gourley argues, that has evolved to the point where we as humans are no longer fully in control.
Yan Ohayon demystifies and shares his
experience with algorithmic trading and its impact on markets, our
lives, and everything in between.
**********
***
***
**********
August 9, 2012
It is a matter of time for subversive
and corrupt organizations such as JP Morgan and “Goldman Sachs the
Pillage People” to go completely out of control and have a massive
meltdown worse than the Lehman Brothers fiasco.
The US economy will be in better shape
after a period of adjustments, following the collapse of manipulative
and destructive financial institutions such as JP Morgan and “Goldman
Sachs the Pillage People”.
High-Frequency trading has placed the US stock market in automatic-pilot going in the direction of a black hole...Invest in the US stock market if you want to see your investment to disappear into a black hole...
High-Frequency trading has placed the US stock market in automatic-pilot going in the direction of a black hole...Invest in the US stock market if you want to see your investment to disappear into a black hole...
Keiser Report: Semaphore of Fraud – August 9, 2012
In this episode, Max Keiser and Stacy
Herbert discuss a financial journalist so dangerous the frontpage of
the Financial Times dare not speak his name and the semaphore of
fraud and fraud flows that is high frequency trading and silver
manipulation. They also talk about blonde bimbo regulators and the
self-police force that never finds any evidence crimes they
themselves have committed.
In the second half of the show, Max
Keiser talks to whistleblower Paul Moore, a former Head of Risk at
HBOS, about financial holocaust and the City of London's role in
enabling banking fraud.
**********
Today 70 percent of trading is run by high frequency trading, it's done by algorithmic programs and completely divorced from the fundamentals affecting the reality of stocks, and the economy.
Capital Account – August 8, 2012
We will talk to Wall Street Journal
writer, Scott Patterson, about how valuable the algorithms have
become. But how much of the market's fluctuations are driven by
algorithms and high frequency trading? We ask Scott Patterson, author
of Dark Pools.
**********
Gerald Celente - FOX 40 Bighmton NY
- August 6, 2012 – Part 1 of 2
***
Gerald Celente - FOX 40 Bighmton NY
- August 6, 2012 – Part 2 of 2
**********
On my economic forecast for 2014 - I did repeat what I said on my economic forecast for 2013 to reinforce two important points regarding the Brazilian economic and financial system:
1) The Brazilian Central Bank should continue to replace its US dollar foreign currency reserves with Gold reserves.
2) Finance Minister Guido Mantega need to create and adopt a financial transactions tax (FTT) to kill high frequency trading (HFT) in Brazil.
Wednesday, January 1, 2014
Economic Forecast for US Economy for
2014 and Beyond
...Many people
asked me if the year 2014 will be a rough year for the Brazilian
economy as it continues to adjust the internal market to achieve a
sound economic and financial system for the long term.
I remind my friends that even though 2014 it will be a very tough year for the Brazilian economy – they should look at from the correct perspective: when compared with the massive mess in Euroland, and the US economy, and the adjustments in the Asian economies – the Brazilian economy it will do better than these other competitors in the long run.
There's an important adjustment that Finance Minister Guido Mantega still need to implement in Brazil to raise income for the Brazilian government, and also to bring a better foundation to the stock market in Brazil: Finance Minister Guido Mantega need to create and adopt a financial transactions tax (FTT) to kill high frequency trading (HFT) in Brazil, and the distortion, the market instability, and the pillage of assets that (HFT) brings to the stock market.
I remind my friends that even though 2014 it will be a very tough year for the Brazilian economy – they should look at from the correct perspective: when compared with the massive mess in Euroland, and the US economy, and the adjustments in the Asian economies – the Brazilian economy it will do better than these other competitors in the long run.
There's an important adjustment that Finance Minister Guido Mantega still need to implement in Brazil to raise income for the Brazilian government, and also to bring a better foundation to the stock market in Brazil: Finance Minister Guido Mantega need to create and adopt a financial transactions tax (FTT) to kill high frequency trading (HFT) in Brazil, and the distortion, the market instability, and the pillage of assets that (HFT) brings to the stock market.
The Brazilian
government also should continue replacing its US dollar foreign
currency reserves with Gold – even if gold price decline a little
further, the risk in the decline side is very small compared with the
tremendous opportunities in the up side price potential.
********************
.
