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The TBTF Threshold
Did you ever wonder why companies are obsessed with growth? Check out the growth trajectories of four hypothetical companies below. Although company stewards may not explicitly state it, the goal of every for-profit enterprise is to become Too Big Too Fail (TBTF). At the moment the TBTF threshold is crossed, the risk of going bust disappears. Well, it doesn’t disappear, it simply gets transferred from the TBTF menace itself to the public via taxpayer bailouts by politicians who love to play with other people’s money – yours and mine.
In nature, nothing organic is Too Big To Fail. I wish the same could be said for man-made systems. Timber!!!!!
Categories: miscellaneous
Too Big To Fail
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