Disaster cooking
I’ve only just stumbled across this article in Wired from a few months back but I think it’s well worth a read.
Recipe for Disaster: The Formula That Killed Wall Street
It’s amazing how the simplest thing (even if it is a not-so-simple formula) can have such a huge impact, both as part of the huge buildup of credit, leverage and wealth and as part of its downfall.
Related Posts:
- The Bear growls
- Mrs. Watanabe is down but not out
- Preparing for the black swan
- Riding the trend
- A little ‘Thank You’
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