[dentist90]

There are certain types of disaster... hurricanes, floods, earthquakes, fires... that we have no control over. Why in the heck do we humans insist over and over again on adding to the list with financial greed??
Simplified:
Greed leads to risky practices, which lead to overinflated bubbles, which lead the eventual realization and panic, which leads to collapse, which leads to prudence again, which leads to repair and recovery, which leads to complacency, which again opens the door for greed.
How many times is the market going to repeat this before financiers catch on? Endlessly, as greed will never be eradicated.