thirdwave

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Talked about one this second wave mentality here. Concentration, maximization disproportionatelly inflates companies, people, egos, wallets, creates a fragile state for everyone involved in the system. No single person should be in a position to lose this amount of money. Obviously as a solution we do not imply more regulation, but another decentralized system that directs investment to places where it is needed.

"Dinosaurs Were Also Big.. In the aftermath of JPMorgan's $2 billion loss, which could bloat to as much as $4 billion in the coming weeks, critics of Wall Street have pressed the government to strengthen its oversight of the financial industry. But would that be enough to prevent a repetition of the financial crisis? Some say the very existence of JPMorgan and other too-big-to-fail banks represents a constant threat to the global economy"