http://www.creditspectrum.com/2008/11/it-tolls-for-thee/ Bringing science back to financial engineering Fri, 27 Jan 2012 12:39:50 +0000 hourly 1 http://www.creditspectrum.com/2008/11/it-tolls-for-thee/comment-page-1/#comment-50 KH Tue, 11 Nov 2008 02:58:00 +0000 http://creditspectrum.com/2008/11/it-tolls-for-thee/#comment-50 Mr. GALBRAITH: There's nothing unique about this. It is something which happens every 20 or 30 years because that is about the length of the financial memory. It's about the length of time that it requires for a new set of suckers, if you will, a new set of people capable of wonderful self-delusion to come in and imagine that they have a new and wonderful fix on the future. Mr. GALBRAITH: There’s nothing unique about this. It is something which happens every 20 or 30 years because that is about the length of the financial memory. It’s about the length of time that it requires for a new set of suckers, if you will, a new set of people capable of wonderful self-delusion to come in and imagine that they have a new and wonderful fix on the future.

]]>