I beg to differ about what can be done about greed. The only reason i mentioned greed is that i will not let it be labeled incompetence or a simple "oops". Alot of greedy people helped that mess happen and got filthy rich doing it . I was actually pointing out that the other youtube viewer was making a comment that had nothing to do with the clip.
@kevmarkpat The problem with that answer is it doesn't give us any way to prevent the next crisis. Think about it; human beings are greedy. We've always been greedy and always will be. There's nothing we can do about it so if the financial crisis was caused by "GREED" (full stop) there's nothing we can do to prevent another.
If, however, we recognize that it wasn't greed but the way in which that greed was being expressed then it becomes possible to do something about it.
She actually said she had a good job and DID understand what it is shes suppose to do. Furthermore,it wasn't incompetence led to our "Financial Market mess" It was GREED.
"Getting hired to do a high-paying job, though you don't know what it is you are supposed to do in the job" is --on the company-side-- what got us into a mess in the financial markets.
I beg to differ about what can be done about greed. The only reason i mentioned greed is that i will not let it be labeled incompetence or a simple "oops". Alot of greedy people helped that mess happen and got filthy rich doing it . I was actually pointing out that the other youtube viewer was making a comment that had nothing to do with the clip.
kevmarkpat 11 months ago
@kevmarkpat The problem with that answer is it doesn't give us any way to prevent the next crisis. Think about it; human beings are greedy. We've always been greedy and always will be. There's nothing we can do about it so if the financial crisis was caused by "GREED" (full stop) there's nothing we can do to prevent another.
If, however, we recognize that it wasn't greed but the way in which that greed was being expressed then it becomes possible to do something about it.
studentofsmith 11 months ago
She actually said she had a good job and DID understand what it is shes suppose to do. Furthermore,it wasn't incompetence led to our "Financial Market mess" It was GREED.
kevmarkpat 1 year ago
"Getting hired to do a high-paying job, though you don't know what it is you are supposed to do in the job" is --on the company-side-- what got us into a mess in the financial markets.
gagothesith 2 years ago