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I disagree, in the anecdote, the bank knows that it's financials are fine and just needed to tick a box for a silly insurance paper.

There are definitely games that get played, but for the most part people are playing it to get around silliness from other parties.

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Right—that significant amounts of labor (=human life) go into this kind of waste that everyone involved knows is a joke, and that the non-joke variety is rarely treated much differently, both contribute to what's scary about it.

aka bullshit jobs.

I agree that the non-joke variety not getting the serious treatment it deserves is scary, I just don't agree that it happens as often as you were implying.

Surely there's a few red flags that could have come up and that's what we're preventing here?

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