«In a progressively synchronized and
interconnected global financial system, having a big - picture perspective is actually the best way to manage risk.»
Not exact matches
Indeed, little of substance about our vast,
interconnected, highly leveraged, nontransparent,
global financial system has changed since the crisis (see «Are We Ready for the Next Meltdown?
One year earlier, in 1961, Clarke also published Dial F for Frankenstein, a short story of an
interconnected telephone network that spontaneously acts like a newborn baby and leads to
global chaos as it takes over
financial, transportation, and military
systems.
They want to unbundle a
financial system grown «too
interconnected to fail,» and they prescribe solutions for the
global good in a world where the G20 outstrips the G8 (including an IMF reorganization to reflect that shift in the balance of power).
Getting rich with cryptocurrency is a proxy for true freedom, a personal
financial situation that is largely immune to the politics, flaws, and vicissitudes of an
interconnected,
global system — an oasis of security and a platform for individual pursuits.