A mathematically derived definitional/semantical theory of truth

Ordinary and transfinite recursion and induction and ZF set theory are used to construct from a fully interpreted object language and from an extra formula a new language. It is fully interpreted under a suitably defined interpretation. This interpretation is equivalent to the interpretation by meanings of sentences if the object language is so interpreted. The added formula provides a truth predicate for the constructed language. The so obtained theory of truth satisfies the norms presented in Hannes Leitgeb's paper 'What Theories of Truth Should be Like (but Cannot be)'

Dimensional Confluence Algebra of Information Space Modulo Quotient Abstraction Relations in Automated Problem Solving Paradigm

Confluence in abstract parallel category systems is established for net class-rewriting in iterative closed multilevel quotient graph structures with uncountable node arities by multi-dimensional transducer operations in topological metrics defined by alphabetically abstracting net block homomorphism. We obtain minimum prerequisites for the comprehensive connector pairs in a multitude dimensional rewriting closure generating confluence in Participatory algebra for different horizontal and vertical level projections modulo abstraction relations constituting formal semantics for confluence in information space. Participatory algebra with formal automata syntax in its entirety representing automated problem solving paradigm generates rich variety of multitude confluence harmonizers under each fundamental abstraction relation set, horizontal structure mapping and vertical process iteration cardinality.Comment: The current work is an application as a continuation for my previous works in arXiv:1305.5637 and arXiv:1308.5321 using the key definitions of them sustaining consistency, consequently references being minimized. Readers are strongly advised to resort to the mentioned previous works for preliminaries. arXiv admin note: text overlap with arXiv:1408.137

The 1990’s financial crises in Nordic countries

The current financial crisis, which has lasted almost one and a half years, is the 19th such crisis in the post-war period in advanced economies. Recent literature classifies the Nordic crises in Norway, Sweden and Finland in late 1980's and early 1990’s among the Big Five crises that have happened before the current crisis, which is now of a global nature. This paper outlines the developments of the Nordic crises, reasons behind them and crisis management by the authorities. Relatively more emphasis is placed on the Finnish crisis, as it was the deepest one. The paper concludes by considering the lessons that can be drawn from the Nordic crises.financial deregulation; bank lending; overheating; financial crisis