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May 2017
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Too big to fail

                Something unfortunate is happening to our economic system as its becoming globalized and only a rare few are even taking notice.  The unfortunate event is that as globalization is happening, companies have grown to be too big.  In fact, I don’t see many articles or research on the subject itself.  Sure, we hear it mention once in a while in banking, like AIG, BAC, FRE, FNM and GS.  But the problem is much more broad and deeper than economist are realizing.  Not only is it broad and deeper, it is also happening with more frequency.  The problem is that people in general are dumb.  As, I said it, they are as dumb as a box of rocks

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