Comment: Re:Bogus outdated thinking (Score 1) 444
to protect from 4 node failure, is the storage overhead 1:5 or do you use some compression technique?
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The reason we are in this mess is allowing of sub-primes to the general population, relaxing the the debt-to-net ratio for some institutions from 12:1 to 30:1, not regulating predatory and misleading lending practices and because credit default swaps were explicitly NOT regulated.
And logically, I think the next question is: Was at least one of the above points done with the intent to actually create the current crisis?
APL is a natural extension of assembler language programming; ...and is best for educational purposes. -- A. Perlis