> If you lose a bunch of money investing in a scam startup, you might lose your money and be sad. If you buy a gun, you can use that to kill me and my family.
The negative externalies of investment losses are costs to the public safety net, political distraction and the risk of a public bail out if the losses hit critical voting blocks.
The negative externalies of investment losses are costs to the public safety net, political distraction and the risk of a public bail out if the losses hit critical voting blocks.