Category Archives: instability

The Financial System is Unstable !!!

In 2005 the then newly appointed at Tilburg University professor Hans Blommestein [(OECD) asked me “are very large and complex interconnected financial systems stable or not ?”. The banking world had always ASSUMED that more interconnections between their (several types … Continue reading

Posted in chain reaction, Complexity, Financial System, instability, Uncategorized | Tagged , , | 9 Comments