Why Bubbles Can’t Be Stopped

August 28, 2008

Cam Hui submits:

Now that we are in the recrimination phase of the cycle, we are seeing more and more of what happened and how do we stop it from happening again questions and investigations. While that linked article focuses on Europe, a parallel process is occurring in the US.

Asymmetric payoff is the problem
I would humbly submit that it is virtually impossible to stop excesses from recurring in a capitalist society. As one quote from a risk manager put it:

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