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nickthegreek
3y ago
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The cost of being wrong in the other direction was a worse bet for them to make. Missing out on the growth was unthinkable to them. They would rather just fire thousands of workers than miss those possible profits.
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s1artibartfast
3y ago
I think this is the critical point. It's about if they thought it was likely to happen but if it could happen.
Maybe they thought it was only 5% likely, but still worth the risk and expenditure
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