> Surely well-run fintechs can plan their work better without wasteful and dramatic swings? No, because it's really, really hard. During periods of economic up

> Surely well-run fintechs can plan their work better without wasteful and dramatic swings? No, because it's really, really hard. During periods of economic upheaval, nobody can reliably predict where all of the inputs into their business, and the demand for outputs of their business are going to be six months from now. (If they could, they should shut down all the 'productive' parts of their business, and just run an investment fund instead.)