Music of our times- our boat is leaking!

Tom Waits’ 2002 song, ever so true in current financial undoing of our world….There’s a leak in the boat….it played at the end of the movie, ” ENRON: The Smartest guys in the room” which I watched tonight for the first time, and just can’t help having this crazy de ja vous experience! Haven’t we all been there before?   If you haven’t watched it yet, get it- and then see the similarities with the causes of the GFC. Then read Nassim Taleb‘s The Black Swan also….although he doesn’t call this financial crisis a Black Swan, simply a ship full of drunken sailors knowingly sailing into treacherous waters…with crowds of bankers lining up to buy tickets!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s