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: