Morning Must-Read: John Aziz: Stopping the Next Financial Crash Is Impossible

John Aziz: Why stopping the next financial crash is an impossible dream: Are financial crashes really preventable? I don’t think so. The world is just too unpredictable…. [And] as… Hyman Minsky put it, stability is destabilizing…. How do people react to a stable world?… They become more tolerant of risk…. Successful regulations [thus] became victims … Continue reading Morning Must-Read: John Aziz: Stopping the Next Financial Crash Is Impossible