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by anm89 1593 days ago
No one ever could have predicted those things! Except for the large number of documented cases of people and institutions who did...
1 comments

I'm not saying that crises aren't predictable — I'm pointing out that institutional failure isn't always a leading indicator (as in OP's argument).
sorry if it wasn't clear, I completely agree with you. I just feel like people make that argument in response to what you are saying and it's not a very good one