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It is, but I don't like it because it suggests that things happened to affected companies due to purely external reasons. It is like my daughter saying "the gl
by twawaaay 4y ago
It is, but I don't like it because it suggests that things happened to affected companies due to purely external reasons.
It is like my daughter saying "the glass fell from the table and broke". No, it was you who dropped the glass or at least placed the glass in vulnerable position where it can tip off the table easily. Blaming the glass for it breaking is not very useful because it elicits no correction and same for companies -- suggesting companies were innocent bystanders suggests nothing has to or can be done about it.
- davidgerard 4y agoeven in economic usage, there's often an implication of "and then these craven assholes", c.f. the recent FSOC paper on systemic risk of crypto
- anonymoushn 4y agoSure, just like if someone leaves their money in Paypal or Wells Fargo it's their fault they got scammed.