zlacker

>>g-mork+(OP)
From the Big Short (movie)

Jared Vennett (narration): "In the years that followed, hundreds of bankers and rating agency's executives went to jail. The SEC was completely overhauled, and Congress had no choice but to break up the big banks and regulate the mortgage and derivatives industries."

"Just kidding. Banks took the money the American people gave them, and they used it to pay themselves huge bonuses, and lobby the Congress to kill big reform. And then they blamed immigrants and poor people, and this time even teachers."

>>eduard+tq
I feel like without adding some commentary with these quotes this comment lacks enough info to see how it relates to the linked article.

>>Fogest+Ku
You don't see how the common thread is Elon Musk buying out his own businesses, largely on the basis of overinflated stocks and corporate welfare?

It's baffling that the market has stayed so irrational because of Musk. It will collapse because of him.

>>ljm+Gy
SpaceX does real work at a profit, and its competitors will need even more time to catch up than they did Tesla.

Obviously there's a pattern of financial engineering, and it's inefficient, but the winners do offset the losers so there won't be a total collapse.