Unforeseen NOT "unforeseeable": the financial crisis WAS entirely preventable


Financial meltdown CANNOT be passed-off as anything resembling a “Black Swan” event. I have no doubt that it wasn’t a case of not seeing or not looking but WAS a case of , deliberately, treating uncertainty as risk and the impact upon the probability distribution: they gambled WE LOST! 
 
 
paradigmshiftApparently Greed, Fear and Ego are powerful motivators!
 
The prevailing, morally (if not financially) bankrupt, culture within our Political, Financial & Corporate institutions, uses its established media to perpetuate the myth that they can be trusted!
 
Their manipulation and lies (to maintain the façade of integrity) are so embedded in systems, processes and culture that they cannot afford the transparency required to (re)build trust. Read more of this post