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Re:Americans still think they can make money flipping houses by pibechorro on Saturday July 09, 2022 @09:03AM (#32034688)
This is why we aught to never have subcidies or bailouts.
Re:Americans still think they can make money flipping houses by ceejayoz on Saturday July 09, 2022 @09:20AM (#32034810)
Perhaps, but at this point that means pulling the rope ladder up behind you so no one else can use it.
Re:Americans still think they can make money flipping houses by LBJsPNS on Saturday July 09, 2022 @10:45AM (#32035561)
No.

There is no perfect system. That doesn't mean you don't implement systems. You just police them better to make sure that kind of problem doesn't happen any more.

Re:Americans still think they can make money flipping houses by sneak on Saturday July 09, 2022 @12:29PM (#32036671)
Hard to find problems with a system that doesn't exist, so perhaps some "systems" are perfect.
Re:Americans still think they can make money flipping houses by drewcoo on Saturday July 09, 2022 @06:35PM (#32039967)
Systems, like functional code, can seem perfect in isolation. Everything is accounted for and it's provable. Beautiful!

Applied to any useful purpose, though, there are externalities and there is the unexpected. If you include those externalities in your model, you not only have a more complicated model, but you probably have an even larger surface of externalities.