annals of no one remembers that month in 2008 when everyone pretended to take moral hazard seriously https://twitter.com/l_henderson02/status/1369521356564357124 …
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Replying to @eigenrobot
I don't think there's much risk of San Francisco causing another pandemic because they don't care about the fiscal consequences of one, or much benefit to BART hoarding assets to prepare for the possibility of one. I'm fine with all 100 year risk handled at the federal level.
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