“From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an ever-increasing level of complexity. At some point, this complexity reached a point where even the creators of the derivatives themselves didn't understand them.” LevelsInstrumentsFinancialCreatorComplexityInvestorsDerivatives Author:John L. Casti
“When the next big problem comes online, be it the Euro crisis, nuclear proliferation, an overstretched Internet, a killer flu, or any of the other possibilities I consider in X-Events, we will suffer a complexity overload.” ProblemBigsSufferingNextEventsPossibilityInternetCrisisNuclearComplexityOnlineKillersFluEuroBig ProblemsProliferationOverloadNuclear ProliferationEuro Crisis Author:John L. Casti