I fact that I don't see them doesn't mean they aren't there.
Famously, few people discounted against the deregulation that allowed the mortgage-backed securities crisis.
Those are the people I would like to hear from on this.
@EricRWeinstein any thoughts?https://twitter.com/ScottAdamsSays/status/1102682106507878400 …
-
-
Check out bank reserve requirements and how mortgage backed securities were used to meet them. Also, a few bankruptcies and criminal prosecutions for valuation fraud would have been a nice warning to others to not lean so far over their skis.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
There are significant concerns with meltdowns, cooling water, radiation leaks... Etc. You ever hear of a coal plant melting down and destroying a region?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The mortgage crisis was in large measure precipitated by the use of complicated computer models used by large financial firms. Nuclear power is based on physics and engineering, and does not rely on complicated computer models.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.