Re:U.S. Secretly Halted JPMorgan’s Growth for Years
by losteric on Monday October 29, 2018 @12:33AM
(#18325080)
> Take away any of those components and you no longer have Great Depression 2.
The 2008 collapse was caused by parties unscrupulously seeking profit while blindly trusting the word of their dependencies... willful ignorance in a system of unsustainable but mutually beneficial arrangements.
That's a cultural problem. If we had outlawed anything you point out, the end result would be a different house of cards built out of the same unwarranted trust in abstraction layers.
The 2008 collapse was caused by parties unscrupulously seeking profit while blindly trusting the word of their dependencies... willful ignorance in a system of unsustainable but mutually beneficial arrangements.
That's a cultural problem. If we had outlawed anything you point out, the end result would be a different house of cards built out of the same unwarranted trust in abstraction layers.