DB Closing Branches. We Said It.

It is known that Deutsche Bank is in trouble and, according to some, it poses a huge threat to the stability of the global financial system. Read here. On October 29-th, 2015, “The Bank announced a series of measures to reduce complexity and costs” and that the strategic goal was to “Make Deutsche Bank simpler and more efficient”.…

Who Rates Ratings?

  The economy is a dynamic system which is far too complex for us to understand. Human nature is extremely complex and billions of irrational humans form the economy. How can such a system ever be thought to be efficient, in equilibrium and stable, as many prominent economists have claimed? But this system, like every…

The Cost of Complexity

    Thomas Frey is currently Google’s Top Rated Futurist Speaker.  He serves as the Senior Futurist and Executive Director of the DaVinci Institute. Read his article “The Complexity Disease”. “As complexity of a system increases, the costs associated with it increase exponentially to the point where the costs approach infinity, and collapse is a certainty. ….…