Beautifully convincing and detailed work esc, as always. Thank you.
So Nature-VaR as black boxed risk-modeled (IIASA/Potsdam), which includes (allegedly) non continuous ecological cliffs, step functions, tipping points, hard boundaries, regime changes, etc
And tens of Trillion dollar derivatives exposures will reprice based on any Nature-VaR modeled changes (once adopted). But derivatives pricing models are priced in practice on smooth risk surfaces (not thresholds, cliffs, regime changes etc)
This breaks derivative 'Greek delta hedging' (delta hedged not equal to regime change hedging)
Leading to a clear model-based potential mechanism to trigger the systemic derivatives based Great Taking mother of all crisis
'stranded assets' was the complicated one - this was meant to be the more accessible version :)
but this essay joins the dots to show that 'stranded assets' is a general purpose confiscation engine, because it can be wheeled out to make literally anything unfinanceable or uninsurable.
they're good at waiting you out. and if not, a few swift fires can always be arranged
I imagine they are good at waiting us out because it’s a family generational…..gift. Which accompanies the diet of human blood and flesh , on which they have been nourished since birth. = The inversion of Creation.
I know you are correct. I work in financial services. This list of unacceptable property especially for lifetime mortgages keeps increasing.
Beautifully convincing and detailed work esc, as always. Thank you.
So Nature-VaR as black boxed risk-modeled (IIASA/Potsdam), which includes (allegedly) non continuous ecological cliffs, step functions, tipping points, hard boundaries, regime changes, etc
And tens of Trillion dollar derivatives exposures will reprice based on any Nature-VaR modeled changes (once adopted). But derivatives pricing models are priced in practice on smooth risk surfaces (not thresholds, cliffs, regime changes etc)
This breaks derivative 'Greek delta hedging' (delta hedged not equal to regime change hedging)
Leading to a clear model-based potential mechanism to trigger the systemic derivatives based Great Taking mother of all crisis
[insert 'This is Fine' burning house meme]
Read: https://bitcoinawareness.substack.com/p/we-are-measuring-the-world-wrong
Blessings and appreciation from Sydney Australia.
Far above my pay grade in many ways. But I get enough of the basics to make progress in under standing.
1. 'philanthrope' or central banker decide you should not own a home
2. IUCN designate your house being in a pivotal 'biodiversity zone' or 'area at severe climate risk'
3. the 'black box' model will determine the risk profile of your house makes it uninsurable
4. you cannot sell the house, and the insurance company refuses you cover
eventually, you will lose your house, and it's nobody's fault.
now look at what took place in california.
Understood.
Thank you esc.
I imagine you used so many words in your article because those who have known a lot of this want you to back up your conclusions ?
Fair enough ….but the average person might struggle ?
Maybe you could add , what you have just provided to me ( the synopsis ) to all of your articles .
Blessings and appreciation from DownUnder.
'stranded assets' was the complicated one - this was meant to be the more accessible version :)
but this essay joins the dots to show that 'stranded assets' is a general purpose confiscation engine, because it can be wheeled out to make literally anything unfinanceable or uninsurable.
they're good at waiting you out. and if not, a few swift fires can always be arranged
I imagine they are good at waiting us out because it’s a family generational…..gift. Which accompanies the diet of human blood and flesh , on which they have been nourished since birth. = The inversion of Creation.
More insanity from the supremely insane. The fact is that the world wide debt structure cannot stay standing forever.