Here’s a breakdown of an idea from Nassim Nicholas Taleb’s fantastic book, Antifragile:
There are three conditions in which people, businesses, governments, etc., find themselves: fragile, robust, and antifragile.
Fragile: Anything that’s fragile can break easily. Think of an egg. If you drop it on the kitchen floor, it will break.
Robust: Anything that’s robust can withstand something bad without damage. Think of dropping a bowling ball on the floor.
Antifragile: Anything that’s antifragile will not just withstand damage, the contact will make it stronger.
Following this explanation, what do you think Wall Street is? The government?