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>In our world however companies are free to gamble on the side as long as their owners don't mind. > This constitutes an enormous systemic risk. Tell me about
by scotty79 1y ago
>In our world however companies are free to gamble on the side as long as their owners don't mind.
> This constitutes an enormous systemic risk.
Tell me about it. 2008 crash was a result of exactly that. Banks instead of doing banking focused on gambling on risky assets and lost. Nvidia gamble is looking less obviously bad.