"Can you imagine another Lehman
event?
It's
just a matter of time. This financial system is completely unsustainable. The
level of interconnectedness, the level of misapplied incentives is again
unprecedented in history. If you were offered a game of chance where when you
win, you win, and when you lose, you are given another chance to throw the dice,
then, of course, everybody would play that game and essentially that is where
the financial system is. That isn't capitalism. That creates distortions,
misallocation of capital, and mismanagement of risk, and we are seeing it time
and time again."
- Eidesis
Capital's Simon Mikhailovich
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