A worthy read. Taleb lists ten things we need to do to prevent further debt bubble catastrophes. I’ll list one and link to the rest.

Do not give an addict more drugs if he has withdrawal pains. Using leverage to cure the problems of too much leverage is not homeopathy, it is denial. The debt crisis is not a temporary problem, it is a structural one. We need rehab.

Nicholas Nassim Taleb in the Financial Times
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