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A lost opportunity: let's wait for the next crisis

Nietzsche once wrote about the humanity's grim "eternal recurrence": repeating again and again the same life, with the very same mistakes. I get a feeling of that when I read statements like this (talking about a new European Systemic Risk Board created to avoid future economic crisis as the one we are getting out of):

The new structures may not live up to his expectations. The risk board, for instance, has only the power of its voice. In good times its warnings may well be ignored and during a crisis it may have to hold its tongue for fear of sparking panic.

I wonder if society definitely lacks the ability of learning and if having a voice means so little, as though we were all doomed to become Cassandra.

Best wishes for all.

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This page contains a single entry from the blog posted on July 16, 2009 3:28 PM.

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