Borrowing Trouble - Are Those Who Don't Study the Future Condemned to Falter in It?
Actuaries are among the few people in this confusing world who actually relish confusion. They want to make sense of trends, reversals, discontinuities, and the like. But will the mother of all discontinuities, looming in a recess just over the horizon, cause past trends to be irrelevant, the reversals to be minor blips, and the discontinuities to become the new norm?
