Barry Ritholtz

MARCH 20, 2023

This is the government financially rescuing people despite—or perhaps because of— their own enormous recklessness and incompetence.” Eat what you kill” is the classic Wall Street attitude toward risk and reward, profit and loss. Privatized gains and socialized losses ” is hardly what capitalism is supposed to be.”

Profit and Loss 127

Profit and Loss Banking Risk Management Financial Systems 127

Michigan CFO

SEPTEMBER 12, 2022

Historically, recessions have been triggered by a collapse of the financial system. Effectively, investors expect consistent or rising profit growth from businesses. As businesses grow together, they collectively produce more goods and services than consumers can purchase, leading to a slowdown in profit growth.

Profit and Loss 40

Profit and Loss CFO Budgeting Economics 40

PYMNTS

OCTOBER 16, 2017

In those pieces, I acknowledged bitcoin was an interesting, even fascinating, innovation, but not the salvation of our global financial system — not even close. Bitcoin’s core principle of anonymity is anathema to operating a safe and secure global financial system. At least I hope so. But that’s only what’s reported.

Currencies 71

Currencies Concentration Financial Systems Investments 71