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Could it be that despite everyone freaking out, the wisdom of the crowd (the market) is pretty sure everything is going to be OK? It's possible that the market
by IAmGraydon 7y ago
Could it be that despite everyone freaking out, the wisdom of the crowd (the market) is pretty sure everything is going to be OK? It's possible that the market is the only thing acting rational right now.
- TheOtherHobbes 7y agoMarkets can stay irrational longer than they can stay solvent. "The wisdom of the markets" doesn't exactly have an inspiring track record.