3min chapter

The Compound and Friends cover image

The Higher the Vix, the Higher the Clicks

The Compound and Friends

CHAPTER

The Biggest Cause of the Financial Crisis

Ope. I s fals o sai got so but yethat the long a short of it was that the formula was ly broken. No one realized that, like the other five % of the timeli, they were just completely and people believe the formula. And that is yunow. There is not one cause of the financial crisis. But that was in terms of thethe deep financial engineering in structor of the Financial Crisis.

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