Ask HN: Where Is the Discussion on FTX?

2 points·texaslonghorn5··5 comments

edit: I must have missed some threads, see the comment below.

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This is --possibly the biggest financial crisis in the history of everything-- (edit: gross overstatement).

But I don't see a thread on the front page until #24. Lots of new information is coming out every day, why aren't these articles reaching thousands of comments?

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Many threads with lots of discussion.

https://news.ycombinator.com/item?id=33641298

https://news.ycombinator.com/item?id=33639397

https://news.ycombinator.com/item?id=33639103

https://news.ycombinator.com/item?id=33630150

>why isn't this reaching thousands of comments?

Every few years a pyramid scheme or investment scam hits the billion mark. Bernie Madoff, Jordan Belfort, etc. Shrug in my books.

thanks, guess I missed a few of those threads.

> This is possibly the biggest financial crisis in the history of everything.

Isn't that a huge hyperbole? I really don't see how it could even remotely resemble anything at all what it was like in 2008. It's no more than a footnote in practically every single country other than the US (and there probably too).

yeah it was unnecessary hyperbole, I didn't do a great job expressing my point. thanks for the feedback.

The conversation is happening in the privacy of the homes they bought with company funds. "biggest financial crisis in the history of everything" is a little over the top don't think.

https://www.thestreet.com/investing/cryptocurrency/ftx-emplo...

You should do a little more research on financial crises.

https://en.wikipedia.org/wiki/Savings_and_loan_crisis https://en.wikipedia.org/wiki/Great_Recession https://www.investopedia.com/terms/l/longtermcapital.asp

The list goes on and on and ..........

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