Posts tagged stories

The end of the world

:: stories

Investment bankers are often called ‘sharks’ and this is, in fact, a good description. There is nothing wrong with sharks: they are beautiful animals designed by billions of years of natural selection to do one thing extremely well. You can not expect a shark to be other than a shark: rather you must understand how sharks behave and arrange matters so as not to be eaten. Governments can do this for banks: they did it in 1933, after all, and it served us well for nearly 70 years. However governments entirely failed to do this after the events of 2008 for reasons of stupidity and corruption.