3 ms·

Is it bad for the economic market and current company earnings to be disjoint? I'm not an economist and perhaps I'm reading too much into the ".. again" but it

by lucb1e 7y ago

Is it bad for the economic market and current company earnings to be disjoint? I'm not an economist and perhaps I'm reading too much into the ".. again" but it sounds like you find this very bad and I don't know enough about macroeconomics to know why this is bad.

caseysoftware 7y ago
It encourages risk taking towards the extremes. To make it concrete: - If you go to the casino with your own money, rational people will gamble what they can afford to lose. - If you go to the casino but are told that whatever you lose, someone else will cover your losses, how much will a rational person gamble?