"Today there are a huge number of think tanks working on poverty-related issues; there are books written on the topic; and university centers being created to study poverty. But, at the same time, the media has a terribly hard time with this issue; it's very hard to convince editors and publishers to devote resources to complex investigations of the lives of America's poor. And, as a result, too often poverty is portrayed in stereotypes, in sound bites, in a few pat images rather than in its full Technicolor complexity and diversity."

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What does reflect reality very well is complexity theory, which comes from physics. I'm the one pioneering the idea of bringing it to capital markets. When you look at capital markets through the lens of complexity theory, you ask "what's the scale of the system?" Scale is a fancy word for size. What measures are you using? If you look at total debt, the concentration of assets in the five largest banks, what percentage of the total assets of the five largest banks are interconnected? What you see is a very densely connected, fragile system that could collapse at any moment.

— James Rickards