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Re: 24 year olds new nothing and caused finanacial havoc
Hate to be too skeptical but even Michael Lewis used the term "self regulating". This term is an intrinsic contradiction with itself. Again, we dream of a perfect system that finds harmonic balance somehow and delivers wealth when needed. That kind of determinism went out with Newtonian Mechanics and that kind of Utopia was discounted with Brave New World. Limiting the size of businesses seems to make sense but it also limits the size of profits of the overall system. The great illusion is that we can buffer wealth for such extended periods of time to make investing in Wall Street really work. Invest locally buy globally is clearly the correct balance but that we require people to be self disciplined. Probably as un-realistic as "self regulating". -
Re: 24 year olds new nothing and caused finanacial havoc
Not credible.
The reality is: the 24 year olds were hired precisely because they know nothing.
24 year olds are nice that way: you can tell them anything, to do anything, any which way, and the vast majority simply don't have the experience or wisdom to resist.
It is no coincidence that most 'business consultants' are that age.Comment
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Re: 24 year olds new nothing and caused finanacial havoc
For any 'Tulipers watching the new HBO series Luck will see the employment of just such a naive, malleable individual chosen for just those attributes by one of the plot's principals.Originally posted by c1ue View PostComment
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Re: 24 year olds new nothing and caused finanacial havoc
I would be inclined to suggest "Lava Girl":
http://jessescrossroadscafe.blogspot...011-queen.html
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