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i like the fact that Cameron is looking to experts for new ideas on how to tackle the situation
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In his books, Taleb seriously poses the question of if you should ever trust a man in a tie. I wonder if that had any effect here lol
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I don't think Taleb knows that Cameron is a conservative who probably does not believe in Evolution.
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1; There are TWO kinds of debt - GOOD debt and BAD debt
2;There are TWO types of debt - CORPORATE debt and PERSONAL debt
Problems have been caused by BAD CORPORATE debts- which we innocent citizens have now been forced to PERSONALLY bailout involuntarily
The Bankers are STILL awarding themselves BONUSSES even though there is no LONGTERM PROOF yet that what they are doing NOW will be effective
Any BONUS should be balanced by a MALUS - ie a PENALTY if the decisions made turn out to be BAD
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Cameron uncharacteristically not wearing a tie for this event.
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thanks for posting this.
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@derekbrochill17 cameron is brilliant, seriously
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One can reduce the probability of Black Swans by changing the regulatory framework in which markets operate. It is the concentration of wealth in few hands that is causing danger to the rest of society..in a free market.
We need to control the largest animals in industry and finance.
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One can reduce the probability of Black Swans by changing the regulatory framework in which markets operate. It is the concentration of wealth in few hands that is causing danger to the rest of society..in a free market.
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David Cameron is a Jesuit Temporal coadjutor and therefore we can't trust a single word that comes out of his poisonous mouth. Temporal Coadjutor! O thou deceitful tongue!
nassim is the man
humanitanner 1 year ago 19
i feel a lot better for y'all across the pond after seeing this. cameron may not stand for a damn thing, but if he knows how to listen to Nassim, you're headed in the right direction.
derekbrochill17 1 year ago 8