chunky1994
Joined 15 years ago
Joined 15 years ago
I don't currently have any data that says otherwise and the counterfactual remains unexplored (but it will be with this parliament!), but things that people do and say to get elected often are things that if implemented...would not solve the problems the populace that elected is having.
I don't think we need schmoozers, we need people who understand the problems of their populace and have the structural power to implement their solutions. We shall see if they need more than this, but this would be the first exploration of the counterfactual.
People who have their "own" priorities don't end up upsetting the apple cart when we make success in implementing those solutions the same as their success (which if we are effective problem solvers, should be possible. See Deng Xiaoping)
They use a proxy in front of OpenVSX…purportedly for better security, the irony writes itself.
They can lobby all they want but until we see ratings agencies bending to their lobbying in the face of extreme scrutiny from anyone who would buy these corporate bonds I wouldn't go about worrying too much.
There is no issue with collateralized debt as long as the risk is properly assessed, the whole point of securitization is that you can take on higher risk for higher reward of an asset that was previously just one single piece of risk.
Some things are just wholly harmful where no small amount provides any benefits, some are harmful in large doses, but not so harmful in small doses that they cannot provide other uses.
Governments (ideally) don't exist to maximize profit so they are (generally) not incentivized to increase the addictions of their populace.
By and large it is independent of the whims of the administration because of its goals (specific inflation and unemployment targets) being more or less contraindicative to what administrations want to do (spend money)
I'm on the lookout for some hard, and interesting things to work on.