Everything is too big to fail

…density has consequences. Cramming more than half the world’s population and production onto a relatively small area of mostly coastal land means that the cost of natural catastrophes of all kinds will rise dramatically…

We can look forward to bigger and more frequent financial catastrophes as well. Think of equity capital as land, industry segment as location, and financial risk as density…

The world’s exponentially increasing density of, and dependence on, information technology poses similar risks…

from Foreign Policy, Everything Will be too Big to Fail