Nevada is Broke and Going Bellyup

[billb2112]

So people who know more about a particular subject have the ability to predict the future. Interesting postulation. I think this has been covered in the Black Swan though. It is known as epistemic arrogance, IIRC. Read up on it.

Quote from lasner:

On average dickhead....The CFO of mastercard is an expert on lending. I'm sure she knows more about real estate than you do

 

[PlusMinus]

Quote from lasner:

No of course not....people who couldn't afford what they were buying caused the crash. Experts in lending opened the door for them.

No, stupid liberal politicians opened the door for them.

 

[SteveD]

I think MasterCard just processes the transaction for various lenders who actually loan the money......

Don't understand how that would relate to any special real estate knowledge???


SteveD

 

[spinn]

Quote from lasner:

No of course not....people who couldn't afford what they were buying caused the crash. Experts in lending opened the door for them.

dont the experts know if you offer someone money, they usually take it????