Nations that fail economically gradually become Hyper-Nationalistic.
To name a few over the last century and in recent cases studied up to now included the 3rd Reich, Italy, possibly Imperial Japan due to USA Sanctions before WW2, USSR, and India and the USA(as seen under Trump).
Definitely, #China, as we study its example in a Political Science Masterclass, has become more and more nationalistic, since 79
The recent spade of CoronaVirus coupled with President Xi's style of governance will lead Chinese rhetoric to create more nationalistic hyperbole!
Also, Malaysia, which was largely a lame-duck nation with hardly any notable say on any sort of geostrategy or geopolitical matters, became extremely right-wing and Ultra-Nationalistic under @chedetofficial when the 1997 AFC- Asian Financial Crisis, swept away most of the region
DR M is still resentful of how Hedge Funds made money by short-selling Malaysian and other SE Asian Markets.
One man he blames, in particular, is George Soros, who runs the infamous Quantum Fund, which exploits macroeconomic arbitrage opportunities.
I believe #Modi's India is a blatant e.g. of how Hindu #Supremacist Dogma, Gowalkar's Fascism, laissez-faire capitalism, mixed with Hindi Speaking superiority complex racism and hyper nationalistic overtones, has completely mauled Indian Secularism and Socialism Inspired Policies
Indian right-wing economic mantras might be theoretically correct from a Positivist Economics Perspective, but, the Value-Fact Dichotomy Argument as described by Hillary Putnam remains
BJP and Sangh Parivar perpetuates a narrowly defined premise that is supported by the #Brahmans
The result is that India has estranged most of her neighbours by putting herself in a tight spot.
India under Modi has become an embarrassment and charade, which has damaged the pragmatic economic reforms undertaken by the Congress Government back in the early 1990s.
In Latin America, the case of Argentina is the most interesting and vivid of how a nation under a #Neoliberal Economic Framework can turn into a failed state.
Argies will become more and more nationalistic over the Falkland Islands, as times goes on.
In Africa, the resurgence of Negro hyper-nationalism is on the rise against the White Farming Communities!
Nevertheless, we see a gradual withdrawal of revolutionary diatribe from the scholarly debating circles in the Post-Apartheid Era.
Of course, the surge of Brexit Nationalism and related Hypervilly in the UK is a direct consequence of the ERM Crisis of 1992.
English, in particular, became more belligerent and anti-European as the British Currency lost value after the exchange rate mechanism created a crisis

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Risk Manager(Banks,Asset Management,Insurance)

Risk Manager(Banks,Asset Management,Insurance) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @SAH16928046

22 Feb
What is the difference between a master in financial risk management and a master in quantitative finance? Which is harder?
Risk Management focuses on loss identification, measurement, management and monitoring.
It's a Negative or Hazardous Incidence Reporting focussed science which has to be perfected and practised as a management art.
In a standard Financial Risk Degree, you might learn Financial Risk Management, ERM - Enterprise Risk Management and other aspects of Actuarial Sciences and/or QRM - Quantitative Risk Management which becomes very mathematical in overall terms.
Read 14 tweets
19 Feb
Oh, yes, quantitative engineers are vital to economic development and its wide-ranging processes!
However, nobody realized back in the early 1980s, that engineers would move out of tangible industries and services drove value-adding sectors of the real economy such as the constructions and productions engineering businesses and industries,
into the fast-moving and computing non-tangible sectors, which are banking, finance and asset management services economy.
Read 5 tweets
11 Feb
I have been asked to do a detailed write-up on what does and does not constitute risk management.
There is a lot of confusion within the scholarly cum practitioner domain, as many topics are unjustly added or deleted from academic curriculums and workshop topical course outlines
Risk Management has a wide scope both within the financial services and non-financial services industry.
Especially, Risk as a subject has greatly benefited from the transfer of applicable and vocational knowledge outside the Insurance Field, over the years.
Risk as a profession, which was and continues to be dominated by Applied Statisticians, and Mathematicians, generally fitted well into the #Actuarial Domain, but, only until recently, when scholars from other non-related professions jumped into the market, offering afresh ideas.
Read 19 tweets
5 Feb
What is Equity #Portfolio #Risk Management?
If I understand your question correctly, the Equity Portfolio Risk Management should be primarily be concerned with managing the market and liquidity risk of Equity or akin linked Securities.
@GARP_Risk @CQFInstitute @icmacentre @ICMA
Other Portfolio Investment Management Risks might include =>
1.Transactional Risk
2.Price and Fair Value Modelling Risk
3.Financial Reporting Risks
4.Trading Microstructure Risks
5.Legal Risk
6.Hedging Risk using Risk Financing Methods
Investments and/or trades in the Equity Securities aka company issued shares generally falls into three-segmented and specialized market categories =>
Read 17 tweets
28 Jan
If the connotation of risk is an intertwined concept and is difficult to quantify, how does a Risk Officer look at it?
Is there any way other than using copula models to determine systemic risk with long tails or a black swan event?
@CQFInstitute @GARP_Risk @SOActuaries
I guess we are worried about Market and Credit Risks or other interrelated financial risks which can create conjoint loss given events.
Any #Gaussian distribution model will enable you to model and predict potential Operational, Liquidity and Balance sheet AL - (Asset - liability) Mismatch, Market and Credit drove losses under normal market conditions.
Read 32 tweets
27 Jan
Why do young people leave quantitative trading 5 to 7 years in their career, and what's your advice for aspiring quantitative traders?
@CQFInstitute @RiskDotNet @icmacentre @RiskMinds
The burnout (losing interest in the job) and dropout(leaving the job) rates are stupendous.
#Quantitative Specialist Roles as they exist in the Dealing Room in the form of #Treasury, Brokerage, Fund Management, #Investment Management, #Portfolio #Asset Management, #Derivative Market Making, and various other Front -Office #Risk Roles are highly demanding jobs indeed!
Most of the traders are asked to take a mandatory leave of up to two weeks or more at financial institutions, so they can relax a bit by staying away from the financial markets.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!