[bankerasexample]

For those who are claiming they should dismiss this paper because it was written by Credit Suisse (who have collapsed), I will weigh in as someone who works in a bank. The people who wrote this would have had absolutely nothing to do with the banks risk management or corporate decision making, and so exist more or less orthogonally from the people who caused its collapse. This is doubly true given European regulation which requires segregation of business lines within the bank: you even see the report is produced by ‘credit suisse research institute’ which will produce+sell research separately from the risk taking parts of the business. Not saying it’s correct/not prone to groupthink but the people writing will be some of the top economists/research analysts out there.