He gets to fail up because there is too much money floating around the system and too little will to spend that money on long-term investments. Hundreds of bil

He gets to fail up because there is too much money floating around the system and too little will to spend that money on long-term investments. Hundreds of billions of dollars are gambled away on crazy short-term schemes when that same money invested into providing an excellent education & infrastructure in one of the world’s many destitute states or countries would enable that locale to leapfrog into modern times and, consequently, become a hotbed of valuable productivity… but that payout is decades into the future, and the sloshing stupid money wants a return by the end of the next quarter.