I don't have the background to understand much of this, so maybe someone can explain the relevance:
I don't have the background to understand much of this, so maybe someone can explain the relevance:
I think Nassim Taleb complex systems theory applies to the events we've been witnessing. I haven't watched this video, but it looks like it cover it:
https://vimeo.com/39001290
I believe as world financial markets become more complex and more interconnected the more prone they will be to systematic failures / black swan events.
The question we have to ask ourselves is how do we make money off this...