Being deliberately obtuse goes a long way to delay a logical ending. Flashback to 2004 and the same type of debate/affirmations were posited to Dr Mandelbrot's

Being deliberately obtuse goes a long way to delay a logical ending. Flashback to 2004 and the same type of debate/affirmations were posited to Dr Mandelbrot's apocalyptic warnings[0][1] of the imminent subprime crisis. Instead of learning lessons, the players continue to 'print money out of thin air'[2] and deny any fault for the last collapse. The rationale seems to be, 2007 was an extreme culmination of events that wouldn't happen again in millions of years. Problem is, in a universe of infinite variables, an infinite number of combinations exist and could manifest anytime a given set of vulnerabilities and unanticipated outlier events present themselves concurrently. [0] The (Mis)Behavior Of Markets 2004 http://www.goodreads.com/book/show/665134.The_Mis_Behavior_of_Markets http://www.goodreads.com/book/show/665134.The_Mis_Behavior_o... [1] 2006 reminder http://www.ft.com/cms/s/2/5372968a-ba82-11da-980d-0000779e2340.html http://www.ft.com/cms/s/2/5372968a-ba82-11da-980d-0000779e23... [2]The Quants Great Monday Morning QB analysis on what went wrong & why it will be repeated(hint:greed +ability +hubris) http://www.goodreads.com/book/show/7495395-the-quants http://www.goodreads.com/book/show/7495395-the-quants edit: fixed links