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In [[the long run]], maybe.<ref>“But this [[the long run|long run]] is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again.” — {{author|John Maynard Keynes}}, ''A Tract on Monetary Reform'' (1923).</ref> | In [[the long run]], maybe.<ref>“But this [[the long run|long run]] is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again.” — {{author|John Maynard Keynes}}, ''A Tract on Monetary Reform'' (1923).</ref> | ||
But yet ISDA ploughs on: credit it at least for derring-do. It now tells us, courtesy of a [https://www.isda.org/2020/10/05/collaboration-and-standardization-opportunities-in-derivatives-and-sft-markets/collaboration-and-standardization-in-derivatives-and-sft-markets.pdf | But yet ISDA ploughs on: credit it at least for derring-do. It now tells us, courtesy of a 50-page white paper of October 2020<ref>If you can find it in yourself to [[https://www.isda.org/2020/10/05/collaboration-and-standardization-opportunities-in-derivatives-and-sft-markets/collaboration-and-standardization-in-derivatives-and-sft-markets.pdf read it], do write in and tell me what it says.</ref> that it can consolidate and standardise securities lending terms with derivatives terms. And, no doubt, convert them all to FpML. | ||
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