Complexity is a tax, favoring the powerful, but heading for collapse.

When "reform" makes things more complicated, it expands bureaucratic power and only a handful of corporations can afford the regulatory reporting burdens. Complexity is itself a tax; the maintenance cost of complexity is high, and can only be justified when added complexity solves a critical problem of society as a whole.  The complexity itself tends to crush the system supposedly being "improved" or "reformed." Complexity does have an eventual cost: collapse.  Once the ship is sufficiently top-heavy, all it takes is a small wave to capsize and sink it.

See expanded article at Zero Hedge.