MX: New Financial Instruments

With the rise of Identification schemes like UID, soon all marriages will be registered and the day is not far when our relationships will have a financial derivative for themselves i.e. a representation of the stability of marriages in form of an economic trade-off, a marriage price or stock price, as it will be called. When all stocks like these will be traded on speculation or by diagnosing community traits, we will have an MX, a Marriage Exchange. Well why not? If we can have those filthy sub-primes running down the economic pipelines why not some more random and interesting derivatives like these. Well, I am sure it will churn the world.

After all, sociology will find its real economic value. But what can be the pros and cons? Well soon we will have an insurance product that acts like 'Meher'. No marriage without that insurance product, wow!, what an idea Sirjee! Everyone who marries has to buy that product like you have for your motor-vehicles. Insurance companies and banks will bribe senators so that this instrument gets an opening ceremony from one of the fanatics who will say, "This is the start of new Social Order in the World and that through Capitalism. God Bless all couples." And soon, there will be trading charts released in a prominent Bank which has formulated the pivot point after which the marriage will be in chaos. Every sector including Pharma, Fashion, FMCG, etc will start churning strategies such that the intrinsic stock value of the couple increases.

In case you are found roaming with your beautiful wife, the policeman might impound your vehicle (wife) and guess what before you bail her out, your stock value is down on the MX and all debtors are standing at your doorsteps asking for loans because the collateral lost its value, you lost your prestige and guess what the policeman had sucked out all of the oil before you could roam with your vehicle (wife) again. You have to file Chapter 11.

That's MADNESS! And that is what sub-prime mortgage backed securities were, an utter madness. People with loans are out of their houses. Everything was being borrowed using collateral which never existed but on paper being traded in mortgage markets under AAA rating. We should make capitalism improvise our lives but we should not let it be an orgy.