The charts seem fairly clear.
The mispricing of risk continues.
The rationales for this are increasingly thin and self-serving.
The consequences are going to be historic.
Have a pleasant evening.
"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535