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>... Now that we know how to prevent crashes - and forest fires ... So we shall read your comment as irony?
by Eduard 5y ago
>... Now that we know how to prevent crashes - and forest fires ...
So we shall read your comment as irony?
- ehnto 5y agoThe analogy here is that we knew enough about forest fires to stop them from happening in a way that later on causes much worse catastrophic wildfires. The recent Californian and Australian wildfires were both worsened by previously putting out any and all fires and not letting burn-off of risk (brush/fuel) happen at a manageable scale. I don't know anything about the stock market, mind. But I get their analogy.