And actually, the "Bank of America scandal" cost 2 TT, not 6 TT, AND, by the way, Bank of America already paid the loan off. So his argument is ridiculous.
@Omroon thats because economics is human nature itself. and human behavior is completely unpredictable, on an individual or society wide scale. therefore this quote makes sense. so when you are an economist, you forced to determine the nearly impossible, future human behavior.
hahahahahahahaha