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![tyillc Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::255781485.png) Richard Field [@tyillc](/creator/twitter/tyillc) on x 11K followers
Created: 2025-07-23 14:35:18 UTC

Your point complexity makes assessing counterparty risk difficult, if not impossible, is spot on.

However, this supports rather than detracts from my comment about the opacity of the financial system.

Complexity is one of Wall Street's proven methods for adding opacity to the system.  

When a financial instrument/counterparty is too complex to be assessed, their risk will not be properly assessed.  And exposure to them will be much higher than would be the case if they were not opaque (see our discussion on contagion).


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**Related Topics**
[counterparty](/topic/counterparty)

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