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RE: The Correction From The Post Pandemic Insanity

in LeoFinancelast month

I guess this was inevitable, but not in a way that I expected it. I would have thought that banks would know better, but it seems they're still susceptible to making these types of mistakes after all this time and examples. The sad part is that the Fed will be needed to intervene again.

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Complex systems never operate in ways people expect. That is the problem with technology, the Internet, and economies.

They are complex, hence have a lot more parts than humans want to acknowledge since we want to wrap everything in nice little packages that we can understand.