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by ben_w
19 days ago
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> but the solution can’t be one with the potential to kick off a 2008-style financial crisis. I don't think it would cause that much damage. If I understand right about floats and stuff, Meta is 2.13% of the S&P500, so NVIDIA (8%) could sneeze and cause more fallout to pension plans and so on than deleting Meta entirely. A sudden worldwide loss of access to content on Meta's servers would cause more secondary fallout than what happens to the markets. But if forcibly dis-incorporating Meta did cause such market fallout, there's always this: https://en.wikipedia.org/wiki/Slave_Compensation_Act_1837 |
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