The fundamentals of “the system” was once checked through LPs who held risk management above the profit motive. That reversed in the late ‘90’s as C-Corp restructuring and global risk transfer markets fed eventual crisis. This fact has not changed.
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Maybe a new department
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I anxiously await your book
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It's very shallow, doesn't even go into factors, asset bubbles, speculation, etc. that create economic downturn and business cycles. Interesting to thoroughly examine this and be able to point out how all the factors contribute and what effect they have.
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