Big Tech 2019 = Big Finance 2005 = Big Risk?

In 2005, Big Finance was at the top of the world. Due to financial innovation and advances in mathematical modelling, Big Finance was highly profitable despite operating at low levels of risk. By 2008, it became clear that all this was an illusion. Then Fed Chairman Bernanke has stated: So out of maybe the 13,… Continue reading Big Tech 2019 = Big Finance 2005 = Big Risk?