2 ms·
It's literally what the article is talking about. I included the quote. I suggest they are misinterpreting their data, and are measuring the wrong things. It's
by skookumchuck 8y ago
It's literally what the article is talking about. I included the quote. I suggest they are misinterpreting their data, and are measuring the wrong things.
It's like that daft statistic a few years back that 40% of corporations don't pay any income tax. This raised all sorts of righteous hysteria. Never mind that 40% of corporations lost money that year, and income taxes are not due when you lose money.
- dionidium 8y agoMaybe the best thing I can do here is concede that "can you find $400 for an emergency" is an imprecise question that this article doesn't (and can't) answer. I think I know what it's saying (probably because I have a lot of experience with the type of people I'm imagining) and you guys think you know it's saying something else (because of your own experiences having money that's inaccessible), but, ultimately, the question is too imprecise for either of our claims. So, yes, I strongly suspect I'm right -- "selling something" is pretty plainly not referring to financial instruments -- but it's true that it's more intuition than fact.