Category Archives: Moral hazard

Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding

Peeling back more layers of the SVB implosion and its broader implications.


Nassim Nicholas Taleb: No, Covid 19 Is Not an Old Person Problem

Yves here. Nassim Nicholas Taleb shreds the misguided logic behind Covid age-ism. And that’s before getting to the fact that in South Africa, the notion that the old are more likely to get really sick is simply not true: The newscaster starts by describing an “exponential” rise in cases, then interviews the head of ICU […]