[rbg81]

One additional problem is that derivatives and their additionally piled on insurance policies are growing, and the bankers and investment houses wish to add even more derivatives not seeing that there must be an end point.

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Well, why not? From their perspective, they’re already way, way underwater. Selling more derivatives just means more income in the short term. And the short term is all anyone seems to care about anymore.

Maybe because the long term is too dark to contemplate?

[21twelve]

“Maybe because the long term is too dark to contemplate?”

Or maybe because if they “fail” - the government will just bail them out again because they are to big to fail.