The Maltese Falcon is an Iconic Film Noir That Never Gets Old

He wasn’t just talking about the characters themselves, but a broader shift in storytelling. Before, American heroes were typically good people, stories were brightly lit, and everything usually ended well. Afterwards, things changed – heroes became more flawed, stories grew darker and more complex, and the hopeful ideals once celebrated felt heavy and disappointing.



![The aggregate measure of systemic risk, represented by the ASRI, is decomposed into its constituent parts-stablecoin risk, DeFi liquidity risk, contagion risk, and arbitrage opacity-each contributing proportionally to the overall stress, and shifts in these relative contributions during crisis periods illuminate the dominant channels of systemic transmission, adhering to the decomposition property where [latex] \sum_{i} w_{i} S_{i} [/latex] equals the total ASRI at any given time.](https://arxiv.org/html/2602.03874v1/x1.png)

