Financial Stability Notes

1) First Nilometer 

Ancient Device for Determining Taxes Discovered in Egypt

2) Boiling frog

The boiling frog is an apologue describing a frog being slowly boiled alive. The premise is that if a frog is put suddenly into boiling water, it will jump out, but if the frog is put in tepid water which is then brought to a boil slowly, it will not perceive the danger and will be cooked to death. 

The story is often used as a metaphor for the inability or unwillingness of people to react to or be aware of sinister threats that arise gradually rather than suddenly.

3) Two period thinking

Don't burn your long-term opportunities for a temporary short-term comfort

4) "Weakest link hypothesis"

"The speed of a fleet is the speed of the slowest ship", "Martin Eden", Jack London

The strength of a structure depends on the most important defect (flaw) in the material.