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Comparing an unregulated industry that seems to uncover a major scam in a major player at least several times a year to the highly regulated stock market in whi
by owlbite 3y ago
Comparing an unregulated industry that seems to uncover a major scam in a major player at least several times a year to the highly regulated stock market in which major scams involving major players are uncovered at a much lower frequency also seems purposefully disingenuous.
- pksebben 3y agoI dunno. When the scams get revealed in the stock market they tank the global economy. The composite risk assessment for the stock market is thusly somewhat higher imo
- exceptotron 3y agoNow this is a disingenuous redefinition of scam.
- pksebben 3y agoWhat would you call bundling subprime mortgage backed securities and reselling them, while knowing full well that they're toxic? Just because everyone is in on the scam, doesn't make it not a scam. It just makes it a systemic scam.