Why Bankers Didn't See Collapse

We have written about this dominant social theme before but are constantly amazed by its reoccurrence. Actually, it is not a dominant theme but a sub-dominant social theme, a spinoff of a larger theme, which is, of course, "the world's central banking economy is a solid one and mostly nothing goes wrong – and when it does, we shall learn from our mistakes." In other words, we are supposed to be surprised when something bad DOES happen.

The Daily Bell

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