• polarimetric@beehaw.org
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    1 year ago

    When things are going well, so many feel like the person avoiding or mitigating risk is silly and dramatic, and the person running headfirst into that risk is brave and rational. Then, when something awful like this happens, it’s always, “No one could have predicted this tragedy!” and they learn nothing.

      • GreyEyedGhost
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        1 year ago

        And the 1980 crash, which lead to many banking regulations, which were removed shortly before the 2008 crash for stifling the economy. Stifling and stabilizing look very similar until you get to the negative parts.

        • flatbield@beehaw.org
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          1 year ago

          It is just the process of externalizing costs in internalizing profit. Get rid of regulations, take risks, make a lot of money, when the shit hits the fan say who could have known and get someone else to pay for it.

    • Entropywins@kbin.social
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      1 year ago

      I’ve been the lame guy at so many drunken bon fires…it sucks but I swear I’ve saved a lot of folks from themselves, others were beyond my help.