A recent assertion by the Dallas Fed The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
corresponds to Nassim Nicholas Taleb's first principle for a Black-Swan-Robust Society published in the aftermath of the breakdown of 2008.
"What is fragile should break early, while it's still small.
Nothing should ever become too big to fail. Evolution in economic life helps those with the maximum amount of hidden risks become the biggest."
The "banksters" are still operating in an out of control manner. They need to be sliced and diced before we fully collapse economically. Keep them simple stupid. Don't let them baffle us with their complexity. The recent public resignation letter in the NY Times from a Goldman Sachs employee is further evidence for me that they're operating in a manner likely to fall prey to a Black Swan event and with them they'll take us, as in USA, down with them.
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