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by nickles 1435 days ago
> But luckily, a lot of suits on Wall Street are making tons of money, so everything will be fine, right?

Look at risk assets, and consider whether that supports your assertion.

1 comments

I read that retrospectively, as:

~ But luckily, a lot of suits on Wall Street are making tons of money forcing the global economy into this put-all-your-eggs-in-the-Chinese-manufacturing-basket strategy, so never mind any potential risks to the larger global economy outside Wall Street in the second or third decade of the twenty-first century; those suits on Wall Street are making tons of money and that's the main thing, so everything will be fine, right?

And sure, it was -- for a while. And for those suits on Wall Street, it probably still is: They've made their [m|b]illions. (Not sure what you mean by "risk assets", but I do know this: If they're really risks, you and I will probably be on the hook for them, rather than those suits on Wall Street.)