Re:Ask HN: What has your work taught you that other people d...
by JackFr on Tuesday January 14, 2020 @10:54AM
(#22045938)
> The economic crisis of 2008/9 could have easily been prevented.
That's not clear at all. There are systemic changes one might have made that could have reduced the impact at the margins, but ultimately the cause was too much much money chasing too few assets and I have yet to see any plan that would have changed that.
That's not clear at all. There are systemic changes one might have made that could have reduced the impact at the margins, but ultimately the cause was too much much money chasing too few assets and I have yet to see any plan that would have changed that.