Tag: bailouts

Complacency in The Eye of the Financial Hurricane

On the scale of natural disasters, few events can match the sheer scale and destructive capacity of a hurricane. Big, lumbering, and unimaginably powerful; and on average, over 400 miles wide! Hurricanes have leveled entire cities, changed the direction of…

When the jagged fingers of an iceberg first penetrated the ship’s hull, few on board the Titanic could anticipate the extent of the disaster that lay before them. Ice cubes still tinkled in glasses. People were sleeping under warm comfy…