“How can we tell? We’ve only done this 187,623 times with the same success every single time. Could be a fluke.”
“How can we tell? We’ve only done this 187,623 times with the same success every single time. Could be a fluke.”
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
www.faculty.umb.edu/heike.schott...
www.faculty.umb.edu/heike.schott...