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> Ouch. Though honestly, this probably ought to result in some execs being fired It should, but it won't because everybody failed the same way. It was just li
by bsder 5y ago
> Ouch. Though honestly, this probably ought to result in some execs being fired
It should, but it won't because everybody failed the same way.
It was just like the 2008 banking crisis. Lots of people saw it coming, but reasoned "If I predict doom and mistime it, I'm an outlier and get fired. If I simply keep my head down and cash out and it all goes pear-shaped, I'm simply one of the masses and nobody will notice me."