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A comment on Reasons the banking crisis isn’t a repeat of 2008. Parent comment
Describing any part of the financial system as sane (rational) is laughable. The system is built on the irrational nature of people.
In some absurd way, bank runs are an expression of actual rationality - give me my cold hard cash now, I don't trust you lot anymore.
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Describing any part of the financial system as sane (rational) is laughable. The system is built on the irrational nature of people.
In some absurd way, bank runs are an expression of actual rationality - give me my cold hard cash now, I don't trust you lot anymore.