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> that was a crisis caused by long term investments No. That crisis was caused by private companies collateralizing debt fraudulently loaned out for short term

> that was a crisis caused by long term investments No. That crisis was caused by private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations. Other private companies/individuals then bought what looked like a quick return for little risk and got burnt to a crisp. It was in essence a short term investment failure brought upon by private corporations. > supply chain + infrastructure They didn't build the infrastructure they use (roads/water/electricity etc.). Governments did. Furthermore, their supply chain isn't as complex as you make it out to be. Also, modern supply chain management is an out growth of operations research that was created thanks to government funded development during WWII. Only later was it applied by private corporations for far more prosaic, some would say more dipshit, reasons than the original one of keeping nation states secure in times of war. Moving potatoes to fryers to help give people heart attacks just doesn't have the same level of importance in comparison, quite frankly. > AWS as "dipshit innovation" Yep. It's virtualized servers and data storage (government funded ideas) scaled up.

hearty770 13y ago
Do you have any evidence or probable cause for your claims about "private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations"? Admissible evidence only, please. "They didn't build the infrastructure they use (roads/water/electricity etc.). Governments did." This is just ignorance I'm assuming. In America and the rest of the developed world, governments submit RFPs to solicit bids from private corporations. Private sector companies build the infrastructure, not the government. If your argument is that the government funds those projects, I simply ask you to think where the government gets that money.

hearty770 13y ago

Do you have any evidence or probable cause for your claims about "private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations"? Admissible evidence only, please. "They didn't build the infrastructure they use (roads/water/electricity etc.). Governments did." This is just ignorance I'm assuming. In America and the rest of the developed world, governments submit RFPs to solicit bids from private corporations. Private sector companies build the infrastructure, not the government. If your argument is that the government funds those projects, I simply ask you to think where the government gets that money.