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* If {{t|netting}} is your thing, you might be interested in the [[Bank for International Settlements]]’ [[BIS netting recommendations|monograph]] on the [[Close-out netting|subject]] from 1989 which, [[Amwell J|this writer]] humbly submits, still operates like a man walking with a red flag in front of the three trillion dollar global derivatives industry. | * If {{t|netting}} is your thing, you might be interested in the [[Bank for International Settlements]]’ [[BIS netting recommendations|monograph]] on the [[Close-out netting|subject]] from 1989 which, [[Amwell J|this writer]] humbly submits, still operates like a man walking with a red flag in front of the three trillion dollar global derivatives industry. | ||
Basel close-out netting requirements: systematically preferring the free allocation of capital among Western countries over developing countries. There are 27/27 netting jurisdictions in the European Union, 18/20 of the G20, but just 2/54 in Africa, | Basel close-out netting requirements: systematically preferring the free allocation of capital among Western countries over developing countries, despite a want of any evidence that netting contracts are any less effective in non-netting countries than they are where you do have a clean opinion.<ref>I know, I know: an absence of evidence is not the same as evidence of absence — but there is no evidence of ''presence'' either.</ref> There are 27/27 netting jurisdictions in the European Union, 18/20 of the G20, but just 2/54 in Africa, one of which is in the G20 (South Africa) and the other of which is an island where lots of Western people go on holiday (Mauritius). | ||
If you have time between bouts of [[virtue-signalling]], discuss. |