TitaniumTeddyBear

Words so strong they have splash damage.
And by "party" I mean "unstable approach to the economy".

And by “party” I mean “unstable approach to the economy”.

So, according to Last Week Tonight people in the US have started bundling together sub-prime car loans as an “investment product” just like they did with home loans before the 2009 financial crisis.
 

We are meant to believe that this can’t cause another crash because car loans make up quite a small part of the loan market.

The problem with this argument is that the loss of the mortgage market didn’t cause the financial crisis, it was just the trigger.

It only caused massive secondary effects because the entire system was unstable, and it still is.

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I'm bucking the trend and I don't care. This is one of those rare times when everyone else is wrong.

I’m bucking the trend and I don’t care. This is one of those rare times when everyone else is wrong.

Friends, barely a week goes by without something popping up on my news feed about how some new wearable device or app, or app-enabled device, is going to be a ‘disruptive technology’ that will destroy traditional models of healthcare.

And here’s the thing: the potential of wearable technology is absolutely massive, and sooner or later someone is going to use it to create a product that will change the social world. It will be like the first MP3 player; an innovation that will start entirely new trends in technology.

But none of the current generation of wearables will do this.

Because they are not trends.

They are fads.

And if you look at the “evidence” that they use to support their claims you will see that they are all talking bullshit.

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Note how the picture takes a minority of Muslims (Middle Eastern ones) and implies that they represent the whole. Still funny though.

Note how the picture takes a minority of Muslims (Middle Eastern ones) and implies that they represent the whole. Still funny though.

Friends, in the wake of the recent atrocity in France our collective conversation has again been dominated by discussions around Islam.

Inevitably claims that Islam causes terrorism will be espoused by people who failed maths at school, and Richard Dawkins (but more on that later).

And the discussion of the potential link inevitably segues into talk about Sharia law, forcing people to wear burkas, and homophobia.

It has taken me far too long to work out precisely what this style of argument is actually trying to do, and for that I apologise.

But I’m back now, and I’m pretty confident that I can demonstrate that a lot of the people who argue in that style are desperately trying to cover up the fact that they just don’t like Muslims.

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