Social Factors
There is cultural and institutional interdependence between members of any community. When J H Darcy said 'fevour will spread' [1] she globalised an issue which had remained buried in the hearts of our ancestors for centuries. While the western world use a knife and fork, the Chinese use chopsticks. Of course Forex is quite good.
Did I mention how lovely Forex is? Society is powered by peer pressure, one of the most powerful forces in the world. As long as peer pressure uses its power for good, Forex will have its place in society.
Economic Factors
There has been a great deal of discussion in the world of economics, centred on the value of Forex. We will study the Lead-a-Duck-to-Water model, making allowances for recent changes in interest rates.
Annual Military Spending vs. Forex
Clearly the graphs demonstrates a strong correlation. Why is this? My personal view is that the annual military budget will eventually break free from the powerful influence of Forex, but not before we see a standardised commercial policy for all. The financial press seems unable to make up its mind on these issues which unsettles investors.
Political Factors
The media have made politics quite a spectacle. Comparing the electoral politics of most Western and Eastern European countries is like comparing the two, equally popular approaches to Forex. If the reader is unaware of these, they need only to turn on the television, or pick up a newspaper or popular magazine.
It is always enlightening to consider the words of the famous political Augstin Rock 'I don't believe in ghosts, but I do believe in democracy.' [2] What a fantastic quote. It would be wise to approach the subject with the thought that 'if you don't have anything nice to say, don't say anything at all'. However this can lead to missing out important facts.
Why did Forex cross the road? - To get to the other side! Just my little joke, but lets hope that Forex doesn't inspire similar hilarity in the next elections.
Conclusion
How much responsibility lies with Forex? We can say that Forex must not be allowed to get in the way of the bigger question: why are we here? Putting this aside its of great importance. It collaborates successfully, provides financial security and it is human.
I will leave the last word to the famous Uma J. Fox: 'Oooh yeah Forex shoo badaby dooo.' [3]
[1] J H Darcy - The Spaniard - 1988 - PPT
[2] Rock - Roll It Up - 1977 - F. Lower Publishing
[3] Go mad for Forex - Issue 132 - Kendeal Books
Good article, the FOREX market is my favorite market to trade in, but you have to have a good ECN Brokerage if you want to be successful. I wouldn't advise anyone trying their luck with these fly by night brokerages.
ReplyDeletegood read mate
ReplyDeleteMon dieu...vraiment? Je ne sais pas d'economique. :(
ReplyDeleteet Francais...lol
Fascinating, I like the graph. Just dropping by to give my respect and support for a fellow blogger ;)
ReplyDeleteThe more rules there are, the more they will be broken. Good read :)
ReplyDeleteForex is fun! :)
ReplyDeleteSounds intresting! :)
ReplyDeleteThis is intresting! :)
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Since when is forex military related?
ReplyDeleteWOAH WOAH WOAH, FOREX IS MILItARy reLaTeD?
ReplyDelete