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Re:Wall Street Banks Warn Downturn Is Coming by jseliger on Wednesday August 23, 2017 @10:17AM (#15081691)
Not the pattern specifically, but something in the short-termism of human psychology seems to be at work: https://www.theatlantic.com/magazine/archive/2008/12/why-wal... .

Although it's always popular to blame some group ("bankers" "irresponsible borrowers..." you could devise the others, and "the government" is almost always seen by someone as at fault), it appears that the answer is often "in all of us."

Re:Wall Street Banks Warn Downturn Is Coming by padobson on Wednesday August 23, 2017 @02:41PM (#15083982)
I sometimes wonder if the best economic system is the one the people living under that system believe in the most.