Me too. Pay me something right now, and I promise to pay you nothing in the future. ----- Original Message ----- From: "Sabri Oncu" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Saturday, September 15, 2007 4:14 PM Subject: Re: [PEN-L] The 'Bone of Contention' -or- Why no one cares to discuss 'Peak Anything'
> David: > > > I bet with my equally imaginary 1 trillion, that he could > > never syndicate a loan for $1 trillion even on the "sure thing" > > of peak oil. > > I will not take the opposite side of your bet because there is no arbitrage > opportunity here. Nobody would loan me that much because they would kow that > nobody would take the opposite side of my bet. But the "peak oil" is a sure > thing as long as the rate of consumption exceeds the rate of renewal. This has > nothing to do with any kind of deep social, political or economic analysis, > whether Marxist or not. It is a simple fact of physics. If you are arguing that > sooner or later we as humans will find a way to lower the consumption rate > below the renewal rate, then this would be another bet and I will not take the > opposite side here either: no arbitrage opportunity. > > Further, I like the arbitrage of the second kind more: you get paid something > now to pay nothing in the future. > > Sabri > > > > ________________________________________________________________________ ____________ > Pinpoint customers who are looking for what you sell. > http://searchmarketing.yahoo.com/ >
