Thus, you will see that we almost had a bubble which burst and now we are heading towards another one, shades of which, contextually, we experienced recently on August 4, 2011, and post FOMC meeting on September 20, 2011, when almost in prophetic confirmation of my prognostication, based on the aforesaid analysis, crude oil and global stock markets slumped by around 5% and gold slumped to $ 1530 per troy ounce on Chicago Mercantile Exchange raising cash margins on gold futures by 20%!
As regards mitigation of the building up of such systemic risks, the answer is addressing the “cause” and which is again there in my same speech.