Hacker News new | ask | show | jobs
by baryphonic 521 days ago
2006 was peak "Great Moderation," where there hadn't been any serious financial crises since the 80s. The consensus wisdom was that many of the policies of the 80s & 90s, particularly around inflation and reducing uncertainty, had made financial crises almost obsolete.

It seems dark today given that we know the outcome, but I'm sure at the time, Comic Sans seemed appropriate for a set of tools that they thought likely would never be used. Or maybe it indicates a certain hubris undone within about 18 months.

2 comments

Wasn't 2006 just off the heels of the dot com bubble?
Stares in Long Term Capital Management
probably anyone this far in the thread remenbers long term capital managment, I did, but couldnt remenber if it was in the 80's or 90's. (1998)

https://www.investopedia.com/terms/l/longtermcapital.asp