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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by notmindthegap on Sunday March 12, 2023 @06:41PM (#35127316)
Did you foresee this?
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Re:Joint Statement by the Department of the Treasury, Federa... by chejazi on Sunday March 12, 2023 @06:46PM (#35127398)
Those who did foresee it made highly profitable trades: https://twitter.com/notmrmanziel/status/1633940364460474372
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Re:Joint Statement by the Department of the Treasury, Federa... by twelve40 on Sunday March 12, 2023 @06:48PM (#35127443)
surely it's not on HN throwaway to do all the foreseeing here? there are people whose fulltime job is to monitor the banks.
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Re:Joint Statement by the Department of the Treasury, Federa... by belter on Sunday March 12, 2023 @07:21PM (#35128000)
Those people normally claim they don't know how the economy works.

"Greenspan - I was wrong about the economy. Sort of" - https://www.theguardian.com/business/2008/oct/24/economics-c...

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Re:Joint Statement by the Department of the Treasury, Federa... by mrangle on Sunday March 12, 2023 @08:16PM (#35128700)
Error is the easiest and most common government excuse for inexcusable malice. Which means that people shouldn't allow for that excuse in the context of grand scale failures like 2008, 2003, etc.
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