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The Economy Is Underpinned by Delusion
This whole notion of, like fintak and all this disruption by little, little technology firms is all kind of self inducedand that comes back to the models that were taught in school. You come to somebody in an established business, and you say, i need to spend, you know, twenty million dollars to prove this idea,. 50 per cent of the time it's not going to work. And then they go and start a start up, and you end up acquiring them for like, two billion dollars five years down the road. But your only seeing the successful results, and you're not willing to tolerate the failure internally. Exactly. I meanand and in some sense, right,