CNN OWNED - Page 4 - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**jhkjurter** · 07-10-2012, 04:19 AM

I see. (I was being tongue-in-cheek).

Correct me if I am wrong but it sounds like you are saying the actual value, not the leveraged value, should be reported.

Well on a swap, there really is no leveraged value because the notional is never exchanged. You and I could take positions on a swap now, with a notional of any figure we choose regardless whether either of us has or requires to have that much capital. The contract value is the value likely to exchange hands over a period of time. It might even be zero.

On debt, it's the value at risk from originator to principle, not everyone in between, that should be counted in official statistics. When someone wants to make a headline, they'll aggregate all the debts and come up with whatever figure sounds awesome. $900 trillion... sounds like a lot. It is. It's BS.

**clorkergo** · 07-10-2012, 06:15 AM

After reading these past few pages, I can easily confirm that Zoolook is a much more intelligent human being than Prostreetcamero.

**Kolokireo** · 07-10-2012, 06:26 AM

After reading these past few pages, I can easily confirm that Zoolook is a much more intelligent human being than Prostreetcamero.

That's not exactly a huge compliment... it's a bit like saying Mother Theresa is a bit nice than Hitler.

**jesyflowers** · 07-10-2012, 06:29 AM

That's not exactly a huge compliment... it's a bit like saying Mother Theresa is a bit nice than Hitler.

She was kind of a bitch though and a tool used and thrown out by the catholic church.

A fact I love about her is that she lost her faith! Catholics really seem to hate that when I tell them.

**katetomson** · 07-10-2012, 04:44 PM

Maybe you missed it, but laws only apply in the country they exist in. Come on, even you aren't that stupid. In any case TV rules do not apply to the Internet. Maybe you're confused, so let me help you. One is TV the other is the Internet. They are DIFFERENT.

Over here in the UK TV rules do apply to the internet. We need a TV licence to watch live TV on the internet and have to follow the TV rules while on the internet. They are different but the rules cross over which. I only posted this as TV/Internet and BBC all got mentioned.

Breaking the TV rules on the internet is a great way to get a fine. (In the UK)

07-10-2012, 04:19 AM	#61
jhkjurter Join Date Oct 2005 Posts 512 Senior Member	I see. (I was being tongue-in-cheek). Correct me if I am wrong but it sounds like you are saying the actual value, not the leveraged value, should be reported. Well on a swap, there really is no leveraged value because the notional is never exchanged. You and I could take positions on a swap now, with a notional of any figure we choose regardless whether either of us has or requires to have that much capital. The contract value is the value likely to exchange hands over a period of time. It might even be zero. On debt, it's the value at risk from originator to principle, not everyone in between, that should be counted in official statistics. When someone wants to make a headline, they'll aggregate all the debts and come up with whatever figure sounds awesome. $900 trillion... sounds like a lot. It is. It's BS. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

07-10-2012, 06:15 AM	#62
clorkergo Join Date Nov 2005 Posts 473 Senior Member	After reading these past few pages, I can easily confirm that Zoolook is a much more intelligent human being than Prostreetcamero. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

07-10-2012, 06:26 AM	#63
Kolokireo Join Date Oct 2005 Posts 676 Senior Member	After reading these past few pages, I can easily confirm that Zoolook is a much more intelligent human being than Prostreetcamero. That's not exactly a huge compliment... it's a bit like saying Mother Theresa is a bit nice than Hitler. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

07-10-2012, 06:29 AM	#64
jesyflowers Join Date Oct 2005 Posts 409 Senior Member	That's not exactly a huge compliment... it's a bit like saying Mother Theresa is a bit nice than Hitler. She was kind of a bitch though and a tool used and thrown out by the catholic church. A fact I love about her is that she lost her faith! Catholics really seem to hate that when I tell them. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

07-10-2012, 04:44 PM	#65
katetomson Join Date Oct 2005 Posts 519 Senior Member	Maybe you missed it, but laws only apply in the country they exist in. Come on, even you aren't that stupid. In any case TV rules do not apply to the Internet. Maybe you're confused, so let me help you. One is TV the other is the Internet. They are DIFFERENT. Over here in the UK TV rules do apply to the internet. We need a TV licence to watch live TV on the internet and have to follow the TV rules while on the internet. They are different but the rules cross over which. I only posted this as TV/Internet and BBC all got mentioned. Breaking the TV rules on the internet is a great way to get a fine. (In the UK) Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

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