Re:Millions of Americans skipping payments as wave of defaul...
by bsanr2 on Wednesday June 03, 2020 @10:47PM
(#23411779)
Titanic Syndrome. Everything's going under, but the people on the upper decks are still enjoying their late-night cigars while the boiler crew is drowning. It's an interesting phenomenon (and, I'm sure, has a better name than the one I just made up).
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Re:Millions of Americans skipping payments as wave of defaul...
by bsanr2 on Thursday June 04, 2020 @07:38PM
(#23423316)
I wanna say, "There we go," but this is slightly different. Not so much that one failure unexpectedly causes total collapse down the line, more so that a catastrophic failure of important components (which obviously are going to cause a system collapse to anyone who knows what happened) happens in a system so large that other portions of that doomed system are not even aware.