>Roads, defense, control, vaccines... Where do you stop? Surely you'd have to include financial companies? A financial company that makes up 10% of the finan

>Roads, defense, control, vaccines... Where do you stop? Surely you'd have to include financial companies? A financial company that makes up 10% of the financial market will calculate a phony 90% discount on any systemic risk it creates: after all, if the system fails, only 10% of that failure will be realized as a loss.