1. Anyone who reads the history of banking and systemic collapses knows a few things about the trajectory of human populations, information flows, symbolic exchanges and synchronic alignments of digital beliefs as the last nth step before criticality is breached and the sandpile slips catastrophically in a beautiful avalanche. These drawdown events have been modelled by Professor Didier Sornette, a geophysicist of first rank who sees fractal signals before financial collapse. Check him out: http://www.er.ethz.ch/people/sornette He is part of a growing brood of "econo-physicists" who believes market prices provide something more than a random pattern.
2. Unfortunately, none of the econo-physicists understand the law and none I know have modelled the fundamentals of law and finance. So, here's the trick. If you understand a bit of the law, a bit of deal mechanics so you can see how trades flow in the financial system, and overlay this vision with category theory diagrams so you can be assured that the multi-dimensional mapping you have in mind is at least an isomorphism in substance and therefore, a testable hypothesis with exact determinants in reality, then you can suggest or propose solutions to problems which are only barely perceptible on the horizon.
3. One problem for sure that is at the level of self-crucifixion is the OTC derivatives rules of the Dodd-Frank Act. The said rules know not what they are unleashing on the people. If we take the rules seriously then $200 trillion or so of financial contracts will need to come under the fold of organised exchanges. This will no doubt immediately accelerate the demand for US Treasuries. See: http://www.zerohedge.com/article/real-margin-threat-600-trillion-exchange-derivatives-moving-central-clearing-multi-trillion- And a very large, uncontrollable chain reaction will begin. Tempting to quote Oppenheimer's loose translation of the Vedas. Instead, please, let's not go there--note the distinction: even though default is invariant, systemic collapse need not be.
Showing posts with label n-category theory. Show all posts
Showing posts with label n-category theory. Show all posts
Monday, 11 July 2011
Thursday, 30 June 2011
n-Fascism x n-Ponzi => MANY Wars => ONE Empire Gets Desperate When Money Dies
1. How many de facto wars has Obama on his hands? Six. See: http://www.washingtonpost.com/national/national-security/us-drones-target-two-leaders-of-somali-group-allied-with-al-qaeda/2011/06/29/AGJFxZrH_story.html
2. Are the US Treasury and Fed actions part of a great Ponzi scheme? See Timothy Geithner's letter to Senator Demint in http://www.zerohedge.com/article/obama-redirects-broke-us-government-playing-class-warfare-card-focuses-millionaires-and-bill wherein he implies that the US taxpayer is the victim of a gigantic Ponzi. For a beautiful classic as an object of comparison, see Adam Ferguson's (1975) "When Money Dies - Nightmare of the Weimar Republic," see: http://university.unitedstatesliberty.org/654/textbooks/adam-fergusson-when-money-dies-nightmare-of-the-weimar-collapse/.
3. Our n-categorical analysis tells us to look for the morphisms between objects to find categories, and then the morphisms between categories (functors), and the morphisms between functors (naturality) leading us to adjunction, where the left adjoint is equivalent to the right adjoint. This procedure, while sounding mechanical, is entirely trackable and ensures us that our metaphors and analogies are not entirely baseless, and can be re-conceived as programmes in reality! At a terribly general and abstract level, what we perceive as an object A in reality is transformed in ourselves as an object B, and when the object A is conceived as an object in the mind as object C, this C comes into the mind from the object A. Let's call the morphism from A to B, f. And from B to C, g. And the morphism from A to C, h. The category is defined as the transit round the objects through the morphisms such that h:gf. This is an important result oriented relation. Note also the two steps g and f become in some sense 'equivalent' to h. This basic conjurer step of "2 into 1" replicates one of the greatest fundamental tensions in the deepest parts of philosophy about what do we mean by number, quantity, of quantity being the primus unus of quality, of set theory's fundamental assertion that a singular attribute (intensionality) is equivalent to an impossibly innumerable collection of elements (extensionality) and finally, to the fundamental logical principle that the assertion of a falsehood (the many lies) as premise and implicating a truth (a singular factual and verifiable truth) can imply as an entire statement the truth of such statement. Most of what we "know" is in the form of the latter statement -- whose classical name I forget but hereby name for convenience as "altum fuit," for "he went to the bottom", as opposed to "alta fuit", he went to the summit.
4. One of the practical points of these exceptionally simple abstractions on rhetoric is to see whether we can apply them to guide our actions in life. Can you see the categories, morphisms, isomorphisms, functors, naturalities and adjunctions in your life? The philosophy of the 21st century will be written in the code that programmes, and the programme beyond all programmes will need protection.
2. Are the US Treasury and Fed actions part of a great Ponzi scheme? See Timothy Geithner's letter to Senator Demint in http://www.zerohedge.com/article/obama-redirects-broke-us-government-playing-class-warfare-card-focuses-millionaires-and-bill wherein he implies that the US taxpayer is the victim of a gigantic Ponzi. For a beautiful classic as an object of comparison, see Adam Ferguson's (1975) "When Money Dies - Nightmare of the Weimar Republic," see: http://university.unitedstatesliberty.org/654/textbooks/adam-fergusson-when-money-dies-nightmare-of-the-weimar-collapse/.
3. Our n-categorical analysis tells us to look for the morphisms between objects to find categories, and then the morphisms between categories (functors), and the morphisms between functors (naturality) leading us to adjunction, where the left adjoint is equivalent to the right adjoint. This procedure, while sounding mechanical, is entirely trackable and ensures us that our metaphors and analogies are not entirely baseless, and can be re-conceived as programmes in reality! At a terribly general and abstract level, what we perceive as an object A in reality is transformed in ourselves as an object B, and when the object A is conceived as an object in the mind as object C, this C comes into the mind from the object A. Let's call the morphism from A to B, f. And from B to C, g. And the morphism from A to C, h. The category is defined as the transit round the objects through the morphisms such that h:gf. This is an important result oriented relation. Note also the two steps g and f become in some sense 'equivalent' to h. This basic conjurer step of "2 into 1" replicates one of the greatest fundamental tensions in the deepest parts of philosophy about what do we mean by number, quantity, of quantity being the primus unus of quality, of set theory's fundamental assertion that a singular attribute (intensionality) is equivalent to an impossibly innumerable collection of elements (extensionality) and finally, to the fundamental logical principle that the assertion of a falsehood (the many lies) as premise and implicating a truth (a singular factual and verifiable truth) can imply as an entire statement the truth of such statement. Most of what we "know" is in the form of the latter statement -- whose classical name I forget but hereby name for convenience as "altum fuit," for "he went to the bottom", as opposed to "alta fuit", he went to the summit.
4. One of the practical points of these exceptionally simple abstractions on rhetoric is to see whether we can apply them to guide our actions in life. Can you see the categories, morphisms, isomorphisms, functors, naturalities and adjunctions in your life? The philosophy of the 21st century will be written in the code that programmes, and the programme beyond all programmes will need protection.
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