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Who are you quoting?

The only hit Google returns is you, in this thread.

I'm paraphrasing from memory a conversation I had. The gist is that volatility goes away with the time because market learns to anticipate and smooth out the crises, even if it's an unexpected out-of-blue event, since over sufficient enough time it would have happened at least once.

Maybe this still holds true, but the time frame for that must be massive.

I see. Effectively no one then. You just put some stuff in quotes for authority.

I only tend to treat double quotes with authority.

> 'Capitalism learned to smooth out crises, because so many happened' is now least true than ever.

I didn't notice that statement in the article, but I did notice this one:

> Lockdowns imposed by governments have forced many companies to close and lay off staff.

Let's check how non-capitalistic countries do after the crisis, for good measure.

Not trying to bash capitalism, just saying that volatility never truly goes away.

Please don't take HN threads further in a generic ideological direction. That leads to the night in which all cows are black and all threads the same.

https://news.ycombinator.com/newsguidelines.html