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Said Elias Dawlabani, MEMEnomics: The Next-Generation Economic System Quotes: Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.
         

Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.


Said Elias Dawlabani, MEMEnomics: The Next-Generation Economic System
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Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.
         



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"Said Elias Dawlabani, MEMEnomics: The Next-Generation Economic System Quotes." Quoteslyfe.com, 2024. Wed. 01 May. 2024. <https://www.quoteslyfe.com/quote/Capitalism-has-become-systemically-risky-when-a-240316>.





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Other quotes of Said Elias Dawlabani, MEMEnomics: The Next-Generation Economic System


We deceive ourselves if we believe we can hold on to old models as ideologies whimper off to a shallow grave in prolonged agony of people, institutions and cultures.

We deceive ourselves if we believe we can hold on to old models as ideologies whimper off to a shallow grave in prolonged agony of people, institutions and cultures.



The field of financial innovation, without rules that tie it to human productive output will be the cause of the next revolution.

The field of financial innovation, without rules that tie it to human productive output will be the cause of the next revolution.



Our entire economy is based on productivity measures that have little to do with “human input”. Sooner or later the entire system will collapse revealing the fallacy of an economy based on finance.

Our entire economy is based on productivity measures that have little to do with “human input”. Sooner or later the entire system will collapse revealing the fallacy of an economy based on finance.





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This page presents the quote "Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.". Author of this quote is Said Elias Dawlabani, MEMEnomics: The Next-Generation Economic System. This quote is about global-economic-crisis, financial-derivatives, risk,.