Hobbit Lawyers Facing Mordor
Designing the Revolution
00:00
The Case for the Dot-Com Clap
In 2002 there was the dot-com clap so there's a book on it and here's the logic right this is that this is what's called herding. Everyone knows there's going to be a crash but no one's gonna sell because if they sell they're gonna lose their job. Then there's a crash and you don't lose your job because everybody has had a crash at the same timeso now everyone's lost all their money but now I was losing their job because everyone else is lost. So this is total headfuck situation from a moral point of view from a moral points of view.
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