The Game Of Risk Transfer

A discussion on the inconvenient reality that risk cannot be destroyed, it can only be transferred to others. Who's holding the hot potato of systemic risk now?

Suppressing volatility does not mean risk has vanished; rather, it means that risk is increasing as accurate information on systemic risk is being suppressed. The global financial system is becoming increasingly fragile and thus more prone to collapse, and an artificially low measure of volatility doesn't change this reality.

Video Length: 00:37:27

Comments