Nassim Taleb speaks to the issue I have been addressing here for two years, namely that the problem with our financial system is debt. There is too much of it. And all the stimulus in the world won’t solve that problem. The debtors either have to pay the debt off or default. Until they do, systemic risk heightens economic fragility. …
Taleb: Debt Problems Are Worse Now Than in 2008, posted with vodpod
