Sometimes Time Actually Works Against You If

Markets Can Influence The Events That They Anticipate.

Market Prices Are Always Wrong.

The Worse A Situation Becomes The Less It Takes To Turn It Around, The Bigger The Upside.

There Is A Well-established Conviction That The Central Banks Always Do What Is Necessary To Keep The System Going And Then Afterwards You Then Take Care Of The Legal Aspects. In A Crisis, You Simply Do Not Have Time To Think About Such Concerns For Too Long.

If The Choice Is Between Cooking Alive And Wasting Money Unnecessarily I Would Rather Waste Some Money, Because Long Before We Cook We Are Going To Kill Each Other If We Don't Deal With Climate Change.