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The video has nothing to do with anything we are talking about, it is about short and longterm debt cycles. That was my comment. Markets aren't killing anybody
by seibelj 8y ago
The video has nothing to do with anything we are talking about, it is about short and longterm debt cycles. That was my comment.
Markets aren't killing anybody, markets don't hold a gun. They are a tool to efficiently allocate resources via price discovery.
- ddingus 8y agoYes they are. They are a very poor tool in some use cases and are a great tool in others. Denying that is literally pulling triggers.
- madez 8y agoNo, denying that is at most failing to understand some connection. Attacking others doesn't help you make others understand the problems you are seeing.
- ddingus 8y agoNone of that is an attack. It is a statement. I cannot, nor want to own how others take information like that. Ignorance takes many forms. Willful ignorance tends to be one of the more painful. Frame it all however you want to. Does not change the brutal impact we are seeing today. There is absolutely no reason to coddle, sugarcoat these things. If that is rough? Not my problem. It is our problem, and being brutally honest about it is the right thing to do.