Programmer Humor

32572 readers

112 users here now

Post funny things about programming here! (Or just rant about your favourite programming language.)

Rules:

Posts must be relevant to programming, programmers, or computer science.
No NSFW content.
Jokes must be in good taste. No hate speech, bigotry, etc.

founded 5 years ago

MODERATORS

[email protected]

1047

True (i.postimg.cc)

submitted 1 year ago by [email protected] to c/[email protected]

115 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

You don’t have to trust banks to not shortsell the housing market with your own money (causing a recession for the entire world)

The way I read this, it suggests that banks shorting the housing market with my deposits caused a global recession.

You're right about the ratings agencies (as far as I know, also from The Big Short), I was skipping over that for brevity.

[–] [email protected] 1 points 1 year ago

At the very least it compounded it. But didn't the banks that short it know the crash was going to happen? Why would an institution that large bet again the housing market, when the stigma was