Category: Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Financial Contagion through Bank Deleveraging: Stylized Facts and Simulations Applied to the Financial Crisis”

  1. DeDude says:

    “everage is a major determinant of financial contagion”

    Yes but it is also a major determinant of profit – so we continue to ignore this fact and allow the Wall Street banksters to leverage up regardless of the risk and cost to society as a whole. Next time they blow up the world will the unemployed masses file a class action lawsuit?