103
A friend said he warned Stockton Rush about possible defects on the Titan in 2019 after hearing 'cracking' noises
(www.businessinsider.com)
this post was submitted on 24 Jun 2023
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This was the whole cause of the 2008 financial crash.
And the 1980 crash, which lead to many banking regulations, which were removed shortly before the 2008 crash for stifling the economy. Stifling and stabilizing look very similar until you get to the negative parts.
It is just the process of externalizing costs in internalizing profit. Get rid of regulations, take risks, make a lot of money, when the shit hits the fan say who could have known and get someone else to pay for it.