A system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.
Nassim Nicholas TalebI don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
Nassim Nicholas TalebIt was obvious that their profits were simply cash borrowed from destiny with some random payback time.
Nassim Nicholas TalebIs the economy something organic or is it something engineered? I think it's closer to the organic. You harm it by artificially suppressing volatility in it.
Nassim Nicholas Taleb