Hello...



More of my philosophy about the financial market and about capitalism
and about the markets and more..

I am a white arab from Morocco, and i think i am smart since i have also invented many scalable algorithms and algorithms..

As you have just noticed i have just spoken about the markets and about globalization and about capitalism, read my thoughts below about it, and
now i will talk more about the financial market:

I think that the stock market crashes can be due to economic or natural disasters, speculation, or investor panic, but i also think that
it is the "control" over the factors of speculation and investment panic
that is the most important that permits to prevent a stock market crash,
so first we have to know that an investor is concerned with the
fundamental value of his investment, whereas a speculator is only
concerned with market price movement, and here is my thoughts about how
to avoid stock market crash:

More philosophy about the future of financial stability and cyber risk..

I have just read rapidly the following very interesting article,
i invite you to read it carefully:

The future of financial stability and cyber risk

https://www.brookings.edu/research/the-future-of-financial-stability-and-cyber-risk/

I think that we have to be positive about the future of financial
stability and cyber risk, since notice that the financial stability
depends on three things:

1- Leverage
2- Maturity and Risk Transformation
3- Procyclicality of the price of risk

Read the above article to notice it, but i think that for the first two,
i mean Leverage and Maturity and Risk Transformation, the financial institutions have not to put all the eggs in the same basket, so
they need to diversify the risk correctly by diversifying portfolios
etc., and for the third that is the Procyclicality of the price of risk,
i think that it is less risky since it depends on the "asset" prices
that are diversified to a certain level, and for the cyber risk i am
positive since i think we are getting much more sophisticated in cyber security. So i remain positive.

And my above thoughts are related to how i will invest more for my
retirement etc. as follows, read my following thoughts so that to
understand my way of doing about it:

https://groups.google.com/g/alt.culture.morocco/c/h4FblBWnNHk

More of my philosophy about markets and about globalization and
about capitalism..

I invite you to read the following paper on Foreign Market Servicing Strategies:

https://idjs.ca/images/rcsr/archives/V21N2-Buckley-et-al.pdf

And as you are noticing that the main important information
on the above paper is that the financial markets are substantially
integrated so that the world financial market can, for many purposes, be regarded as a single market. And the market for goods and services is differentiated on a regional basis with 'single markets' either existing
or emerging (especially in the cases of the EU and NAFTA). Such markets
are increasingly uniform in regulation, standards, codes of practice
(for example, anti-trust) and in business behaviour. They offer the
possibility of economies of scale across the market that also reduces
costs of products and services, but are substantially differentiated by
these aforementioned factors (and possibly by a common external tariff)
from other regional markets. Labour markets, however, remain primarily national. Governments wish to regulate their own labour markets and to differentiate them (to protect them) from neighbouring labour markets.
Many of the current difficulties in governmental regulatory policy arise
from the difficulty of attempting to pursue independent labour market
policies in the presence of regional goods and services markets and an international market for capital.

Also like in the below article about Canada, agility and flexibility is
really important in organisations of multinational firms, and as
you notice it means that you have to be adaptable, progressive and
responsive, so this needs new talents and skills, and you can read
the following article about why Canada is the No. 1 Country in the
World, According to the 2021 Best Countries Report and you will notice
that Canada is also better at adaptablility than USA, read the following article so that to understand:

https://www.newswire.ca/news-releases/canada-is-the-no-1-country-in-the-world-according-to-the-2021-best-countries-report-867033906.html

So then i will also say that it is paramount that the Government
prioritises innovation. Since the competitive advantage depends on the
ability to develop and commercialise new ideas as well as the ability of businesses to adopt technology and become more productive.

More and more about globalization..

1- Globalization has created new opportunities for firms to develop
business models and offerings that have a higher intensity of R&D,
innovation and capital. Many of the goods and services that have entered
the market over the past decades have exactly those features, and
without globalization, firms would have been forced to continue with
business models that work with a smaller volume of sales. Firms have
been able to specialize more than before and, as a consequence, human
capital and the share of skilled jobs in the economy have grown
remarkably. Today, advanced economies have a greater share of
better-paid and better-skilled jobs than ever before.


2- Globalization has increased real wages for people in Western
economies by making products cheaper or reducing the pace of price
increases. If the typical goods that every household purchases had
followed domestic rather than international price developments,
consumers would have been poorer and saddled with products of lower quality.


3- Globalization has made significant contributions to productivity
growth and, as a consequence, further raised living standards.
Globalization has been particularly important for enabling new
technology to spread fast across markets. In the long term, it is the
speed of technological improvement that sets the pace for how richer
societies get.

However, trade and investment are not growing fast anymore, and there is
much suggesting that the decline in trade and investment growth is one explanation to the failing dynamism of Western economies. While some
appreciate the decline in the growth of globalization, those who care
about the prosperity of a society should deplore it and make efforts for
the world economy to return to high levels of trade growth.

Read the following study to know more about globalization:

The Economic Benefits of Globalization for Business and Consumers

http://ecipe.org/publications/the-economic-benefits-of-globalization-for-business-and-consumers/

And yet more philosophy about Globalization..

I think that globalization is a good thing, but you have to be smart
and know how to take advantage of it, so i invite you to read
the following about the positive effects of Globalization on developing countries such as:

1- Globalization has permitted developed nations to invest in less
developed nations which has lead to creation of jobs for poor people.

2- The health and education system in developing countries has benefited
in a positive way due to the contribution of globalization.

So i invite you to read the following article to notice it:

The effects of Globalization on developing countries

Read more here:

https://medium.com/@BonillaXM/the-effects-of-globalization-on-developing-countries-1e465257c400

And how to manage efficiently complexity ?

As i said before, notice how i am talking about how we have not to have
a narrow view of what is smartness, and notice how i am talking about
the distributed smartness as rules etc. so i think i can logically infer
from my below thoughts the other way of solving the greatly complex
systems that is not by like "planning" the whole system from a
centralized government, but by emergence of a higher level intelligence
from distributing like the rules or.. into the small parts of the system
that will solve the greatly complex system, it looks like the
evolutionary design and planning, and it looks like the way of the
higher level smartness from an Ant colony, since in an Ant colony there
is no central government, but there is a distributed intelligence that
needs a kind of diversity of genetics of the members of the colony and
it needs like a distributed rules that the members have to follow that
will make emerge a higher level of intelligence. And of course it looks
like evolutionary algorithms in artificial intelligence, since the
advantage of evolutionary algorithms in artificial intelligence is that
they don't plan in advance but they search by like following some
distributed rules, and of course they need some "randomness" so that to
not get stuck in a local optimum, this is why i am talking below about
how to make our civilization that is a complex system much more
resilient by learning how to learn to humans with like a set
of rules like in an Ant colony by saying the following and notice
that the learning how to learn can be an efficient abstraction that
helps a lot:

More of my philosophy about how i am more happy and more..

I think that i am much more happy since i am understanding that being
happy is like a lifestyle that is based on some efficient rules that
permit the emergence of happiness, and i will talk about it more in my
new philosophy, so i think that we even need some important rules so
that to be a much more resilient civilization, since i think that there
is the way of learning people how to become an engineer, but this way of
doing is lacking very much, and there is also the way of learning people
how to learn that also permits to efficiently take advantage of this sophisticated tool that we call internet, so i think that this way of
learning how to learn to people does make our civilization much more
resilient, since the way of "specialization" of our today civilization
is also a "weakness" that has to be solved much more efficiently by the
way of learning people how to learn on internet etc. and here is my
new proverb that talks about it:

"I think what is happening in the West and other parts of the world,
it is that individuals are becoming too stupid, since it is the way of specialization that is required, since the individuals are specialized
in there jobs so that to enhance much more the efficiency and
productivity as a society or as group, but this specialization is a
weakness that is making individuals too stupid, but we can become smart
working as a group or as a society using the tools of internet etc."

And here is my thoughts about artificial intelligence and evolutionary algorithms in artificial intelligence:

https://groups.google.com/g/alt.culture.morocco/c/P9OTDTiCZ44

Also I think you can manage complexity by the “divide and rule” approach
to management, which also leads to hierarchical division of large organisations, or wich also leads to the Division of "labour", you can
read more about the Division of labour here:

https://en.wikipedia.org/wiki/Division_of_labour

Also you can manage complexity by using constraints, such as laws, road
rules and commercial standards, all of which limit the potential for
harmful interactions to occur, also you can manage complexity by using
higher layers of abstraction such as in computer programming, and we can
also follow the efficient rule of: "Do less and do it better" that can
also use higher level layers of abstraction to enhance productivity and quality, this rule is good for productivity and quality, and about productivity: I have also just posted about the following thoughts from
the following PhD computer scientist:

https://lemire.me/blog/about-me/


Read more here his thoughts about productivity:


https://lemire.me/blog/2012/10/15/you-cannot-scale-creativity/


And i think he is making a mistake:


Since we have that Productivity = Output/Input


But better human training and/or better tools and/or better human
smartness and/or better human capacity can make the Parallel
productivity part much bigger that the Serial productivity part, so it
can scale much more (it is like Gustafson's Law).


And it looks like the following:


About parallelism and about Gustafson’s Law..


Gustafson’s Law:


• If you increase the amount of work done by each parallel
task then the serial component will not dominate
• Increase the problem size to maintain scaling
• Can do this by adding extra complexity or increasing the overall
problem size


Scaling is important, as the more a code scales the larger a machine it
can take advantage of:


• can consider weak and strong scaling
• in practice, overheads limit the scalability of real parallel programs
• Amdahl’s law models these in terms of serial and parallel fractions
• larger problems generally scale better: Gustafson’s law


Load balance is also a crucial factor.


So read my following thoughts about the Threadpool to notice that my
Threadpool that scales very well does Load balance well:


---


About the Threadpool..


I have just read the following:


Concurrency - Throttling Concurrency in the CLR 4.0 ThreadPool


https://docs.microsoft.com/en-us/archive/msdn-magazine/2010/september/concurrency-throttling-concurrency-in-the-clr-4-0-threadpool


But i think that both the methodologies from Microsoft of the Hill
Climbing and of the Control Theory using band pass filter or match
filter and discrete Fourier transform have a weakness, there weakness is
that they are "localized" optimization that maximize the throughput ,
so they are not fair, so i don't think i will implement them, so then
you can use my following invention of an efficient Threadpool engine
with priorities that scales very well (and you can use a second
Threadpool for IO etc.):


https://sites.google.com/site/scalable68/an-efficient-threadpool-engine-with-priorities-that-scales-very-well


And here is my other Threadpool engine with priorities:


https://sites.google.com/site/scalable68/threadpool