Are we serious?
Total global wealth stands at $125 trillion, more or less. The total world market for financial derivatives stands at $700 trillion. Does anyone else see something terribly wrong with this picture?
I’m hesitant to form a Strongly Held Opinion about complex matters I only dimly understand. So it’s with some trepidation that I ask this question: Is everyone involved in this completely nuts?
Ever meet someone who just has to have a strong opinion on every subject, whether or not they know anything about it?
Those known for expertise are particularly prone to this ailment. Some of us, having learned one subject in great depth (in my case the behavior of electric fish), use that experience to recognize our lack of depth in other subjects.
But then there are those who figure their expertise in anything make them worth listening to about everything.
