Well, like you wouldn't want to read Paul Krugman's or Tyler Cowen's opinions on programming languages, most people here don't have much that's truly insightful to say about economics and finance, with the exception, perhaps, of economics as related to software. I guess there are a few people who work or have worked as quants and know more than a thing or two about finance, but how much insight does that give you into the system as a whole, which is what broke?
This remains the best thing I've ready so far, in terms of something brief and at the same time thoughtful:
Thats my thoughts exactly. I feel like I know less everyone else, as everyone seems to have an opinion or something to say, yet as I don't understand the system as a whole, I would rather just shut the hell up and contribute in some positive way (thats all we can really do at the end of the day).
I think the low quality of commentary (here & elsewhere) comes from (A) not understanding this relatively complicated & technical issue and (B) wanting to comment & discuss.
I'm not sure how I feel about it. I don't like to see discussions deteriorate like this. But on the other hand, I feel like participating in the discussion may be a good way of gaining an understanding ultimately bringing the level back up.
My thoughts also. Although I really feel unable to comment in a meaningful way.
I also think its frustrating for communities like this one, of relatively smart people, that there is something going on in the world that is effecting us that we don't fully understand (normally we are the ones doing the explaining to the lay-people !).
