Oddbean new post about | logout
 nostr:npub17mw7ejdqn6xet2afjky0gl3y8rn7373athrqhx5d2vl8jr8sl9qsf3xy9f in part yes, and I'll never defend the moral superiority of banks... ugh. But every investment is dependent on the investor and their due diligence. A lot of farmers have made very foolish investments (not unlike the poor sods who build/buy houses in flood plains). Sadly, sometimes investments fail. It's bad luck for sure, and I won't celebrate their misfortune, but I won't be keen on bailing them out, either.  nostr:npub1tdjprtq7kape7xtc383q945y3qmt9cjcqvunxzx68pakup8w5x3qv4cvf4