about the source of turbulence in global financial volatility
and talk about irrational exhuberance
Idiots, IRRATIONAL EXHUBERANCE is of a world order set up in Bretton Woods 1944 and in 1913 on prescientific ideas of how financial markets work. In reality, and in the future you will see from me rigorous clear evidence that it is the VISCOSITY OF MONEY that causes turbulence and it is the market graph that spreads volatility turbulence storms across a DENSE graph (around 75% of all possible edges from 1900 stocks for which I obtained data survived a three standard deviation soft thresholding of off-diagonal correlation matrix of size 1900*1900). In this situation of the cutting edge of science by profiteers controlling the science for private interests sell diffusion models they are just doing marketing for these large finance houses.