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


One thought on “Thoughts on financial crises

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