…experience has shown that there is no innovation, however seemingly benign, that the finance sector cannot overcomplicate and overextend. Securitisation was a good idea when first adopted, but ended with the mess of subprime loans that were sliced and diced into a dog’s breakfast.
There are two ways to get enough. One is to continue to accumulate more and more. The other is to desire less.
— G.K. Chesterton