Thoughts on financial crises

I have been searching for days to give words to thoughts on the unfolding financial crises and de-regulation or failure to regulate.  The best I can come up with is this video

There can be no doubt a 50 cal. is very efficient. Maybe it is time that rednecks with advanced math skills stopped running the world eh!  I loved the last line: “No we are not doing that anymore.”

Point is cowboys: when you are palying with a 50 cal. sniper riffle standard safety procedure is not to cut off the left hand tail of the distribution.  The more serious it gets the more precaustion one takes.  QED

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One thought on “Thoughts on financial crises

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