One Day Your Bank Goes Boom!

Boom, one day your car goes boom, boom! Don’t just give up all in gloom! Autocar to the rescue!
             — Adventures of Tintin: The Land of Black Gold

My friend Nassim Taleb explains how U.S. banks, like cars from the Tintin adventure Land of Black Gold, are built to go boom. Click to watch the interview (and he doesn’t actually mention Tintin).

Related posts:

1. Paulsen’s Commodity Boom-Bust Index
2. Marc Faber is All Gloom and Doom, No Boom
3. Citigroup: Bad Bank to Create Bad Bank Incubator
4. The Big Boom
5. Web 2.0 Boom is Okay: Wrong