if this holds, it will be like the effect of 9/11 on plane hijackings. as soon as passengers learned that there was a chance of hijacker wanting everyone to die, they stopped wanting to cooperate as they did in the past - ThreadSky

aelkus.bsky.social • 6 days ago

if this holds, it will be like the effect of 9/11 on plane hijackings. as soon as passengers learned that there was a chance of hijacker wanting everyone to die, they stopped wanting to cooperate as they did in the past

Reposted from Josh Chafetz

It's possible the markets have decided to get off the Tariffs or No Tariffs Roller Coaster and just assume he's tanking the economy unless he can credibly (your guess is as good as mine) show otherwise.

Comments

paringpro.bsky.social•6 days ago

Eric Adams: Presidemt Trump and Bin Laden both learned a lot from our beautiful city, and that's what New York is really all about

aelkus.bsky.social•6 days ago

being on an airplane and doing anything even remotely threatening became a lethal hazard, as passengers would be willing to beat you down

itseasybeinggreen.bsky.social•6 days ago

I never made the link between 9/11 and drunks duct-taped to seats before but yeah, I think that's right.

aelkus.bsky.social•6 days ago

its really brutal, but people won't take any chances because in a vehicle flying that high above the earth and loaded with fuel there is nowhere to run from death

aelkus.bsky.social•6 days ago

so you get all of the behavior of panicked animals pushed up against a wall

aelkus.bsky.social•6 days ago

so in this analogy even the hint of a future tariff might spook the market now that they've gotten a taste of tariffs. we'll have to see

aelkus.bsky.social•6 days ago

the hijacking btw was probably one of fastest cases of strategic updating in history

https://dspace.mit.edu/bitstream/handle/1721.1/113940/jep.30.4.151.pdf?sequence=1&isAllowed=y

aelkus.bsky.social•6 days ago

it took only thirty minutes for decades old “cooperate” pattern to shift towards “fight”

jackwaltimore.bsky.social•6 days ago

Plus United 93 made it clear that the earlier you fight, the better.

jackwaltimore.bsky.social•6 days ago

Stabbing hurts more than an instantaneous shattering-impact fireball, but is also considerably more survivable.

alwaysadorecats.bsky.social•6 days ago

In that sense, it’s really just like any other kidnapping. You should always fight back, because if they succeed in taking you to a second location your odds of survival approach zero.

goaskalis.bsky.social•6 days ago

The markets have learned that the faith and credit of the United States of America just doesn't exist anymore

aelkus.bsky.social•6 days ago

i don't think they're really learned that lesson yet, if they did it would be much lower

repetitiveuser.bsky.social•6 days ago

That's a perfect analogy

Comments

Posting Rules

Reply