4 ms·

Contagion is spreading now. It’s interesting that we’re calling it “contagion” isn’t it? I think the real problems are deeper, like cancer, and it’s systematic.

Contagion is spreading now. It’s interesting that we’re calling it “contagion” isn’t it? I think the real problems are deeper, like cancer, and it’s systematic. This isn’t just a light cough with some sniffles. We’re talking a body riddled with pus-filled tumors.

jimnotgym 4y ago
Except this was a disease spread deliberately in order to make more money
- mnd999 4y ago
  That’s the normal state of things in Wall Street. Do whatever you can to make money, greed is good etc. They’re not fools though, it only works if there’s some truth in it.
  - mr_00ff00 4y ago
    Not to defend Wall Street, but people act like “greed is good” only applies to them. You would have to be blind to not see every industry and person, from execs to engineers, seeing greed is good. I mean, weren’t 400k+ google engineers unionizing? Are the start-up craze of the past 10 years and crypto craze in 2020 just a bunching of people trying to get rich quick?
    - salawat 4y ago
      I wouldn't call 400k google engineers unionizing "greedy". I'd call it a response to greed.
- losteric 4y ago
  Maybe that is the disease? greed, sociopathy... money worship
timcavel 4y ago
[dead]
JumpCrisscross 4y ago
> Contagion is spreading Not to Credit Suisse. They had their run in November [1]. That they remain stable after this disclosure is evidence against contagion, not for it. [1] https://www.wsj.com/articles/credit-suisse-warns-of-1-6-billion-loss-after-clients-pull-money-11669190614 https://www.wsj.com/articles/credit-suisse-warns-of-1-6-bill...
kelseyfrog 4y ago
Impossible, despite collapsing every 7-10 years against every imaginable mitigation, this the best system we've got.
ericmay 4y ago
Ok. How is what you are saying falsifiable? What do you even mean that "contagion is spreading"? What is the specific claim or prediction that is being made?

jimnotgym 4y ago

Except this was a disease spread deliberately in order to make more money

mnd999 4y ago
That’s the normal state of things in Wall Street. Do whatever you can to make money, greed is good etc. They’re not fools though, it only works if there’s some truth in it.
- mr_00ff00 4y ago
  Not to defend Wall Street, but people act like “greed is good” only applies to them. You would have to be blind to not see every industry and person, from execs to engineers, seeing greed is good. I mean, weren’t 400k+ google engineers unionizing? Are the start-up craze of the past 10 years and crypto craze in 2020 just a bunching of people trying to get rich quick?
  - salawat 4y ago
    I wouldn't call 400k google engineers unionizing "greedy". I'd call it a response to greed.
losteric 4y ago
Maybe that is the disease? greed, sociopathy... money worship

timcavel 4y ago

[dead]

JumpCrisscross 4y ago

> Contagion is spreading Not to Credit Suisse. They had their run in November [1]. That they remain stable after this disclosure is evidence against contagion, not for it. [1] https://www.wsj.com/articles/credit-suisse-warns-of-1-6-billion-loss-after-clients-pull-money-11669190614 https://www.wsj.com/articles/credit-suisse-warns-of-1-6-bill...

kelseyfrog 4y ago

Impossible, despite collapsing every 7-10 years against every imaginable mitigation, this the best system we've got.

ericmay 4y ago

Ok. How is what you are saying falsifiable? What do you even mean that "contagion is spreading"? What is the specific claim or prediction that is being made?