Risk: The Modern Windmill At Which Obama’s A-Tilting?

Wait. What’s that coming over the horizon? Oh. My. God. It’s RISK!!!!!

SAVE US SUPER-GEITHNER! PLEASE SAVE US! IT WILL RUIN US!!1!

Good, because if its one thing the market has never tolerated, it’s risk.*

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*Sorta wonky stuff, but the key is remembering that the “Risk-Reward” relationship has not changed. You want a safe investment? Fine, you just won’t get paid as much as a riskier investment. Hell, this is what Vegas is based on: you bet on red/black, you get 2:1 odds on your money. You bet on a specific number, your get something like 20:1 odds. I mean, really: Duh.