In 1987 few of us saw the proliferation of programmed trading vibrating into a collapse. Should we have seen in 2007 how cantilevered derivatives were quickly straining beyond load limits and quickly into a global complexity?

“The more parts there are, the more things to go wrong,” my Dad muttered, as he slid out from underneath his ’57 Chevy.  It was the same exact metallic salmon color as the one he had before that, down to the plastic-covered bench seats. Actually, every Sunday afternoon, I think he’d just find something on [...]