Re:Stop Calling Each New Disaster “The New Normal”
by ceejayoz on Friday June 16, 2023 @09:38AM
(#36356404)
> Obama's, Clinton's, Al Gore all have fabulous ocean front mansions.
I see people make this argument sometimes, but all it probably indicates is "mega-rich people can absorb a monetary loss", not "they don't believe it exists".
Re:Stop Calling Each New Disaster “The New Normal”
by no_wizard on Friday June 16, 2023 @10:29AM
(#36357098)
It also speaks to the fact that "rational agents" don't fully exist in making economic decisions. These are purchases that are largely driven by emotion not logical, I imagine
I see people make this argument sometimes, but all it probably indicates is "mega-rich people can absorb a monetary loss", not "they don't believe it exists".