And, how can financial speculation be distinguished from financial hedging? For instance, you are a producer, and you want to hedge against the potential price increase of one of your key raw material inputs and to control the risks of costs. Or, you are an exporter, and you want to hedge against the potential rise of your domestic currency.
This blog is partly devoted to the sharing of my learning of the English language (my well mastered mother tongue is Chinese and I am not an English teacher) and its *cultures*, partly to the current significant trends in Canada and in the world, and partly to my own random thoughts and little life. I am not religious, but I am somewhat interested in Christianity and Buddhism, among other personal interests. Welcome. And, have a good day.
Tuesday, May 22, 2012
Everyday, cars crash. But people still drive.
Everyday, companies go bankrupt. But aspiring entrepreneurs still start up.
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