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>> I don't understand why I'm supposed to be outraged by either You shouldn't. When the economy collapses because of the aforementioned practices and you famil
by StreamBright 6y ago
>> I don't understand why I'm supposed to be outraged by either
You shouldn't. When the economy collapses because of the aforementioned practices and you family loses their jobs, housing etc, you should not be upset either.
- eru 6y agoWhy would the economy collapse? If anything, it's very good to have short sellers, because they are the only market participants who have an incentive to expose bubbles. And expose them early.
- StreamBright 6y agoWho knows? https://www.history.com/news/2008-financial-crisis-causes https://www.history.com/news/2008-financial-crisis-causes
- eru 6y agoThe Fed let nominal GDP (and nominal GDP expectations) tank. The rest followed from there.