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.
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.
We've done it before. We can do it again.
We've done it before. We can do it again.