Which mistakes do you know that almost caused crisis on earth

[Corty]

So you're telling me that all of these people in the forum are mistakes?

Yes. With a capital Y.

 

[Dark_Phoenix_Zaetyk]

The asteroid wich wiped out the dinosaurs should've hit harder.

Slow down your intrusive thoughts

 

[melchi]

The invention of usury.

I don't think this one should count. This one is causing a calamity, not almost causing one.

 

[TheEldritchGod]

The assassination of Archduke Franz Ferdinand which triggered world war 1 even though there was tension before it.The casualties in this war was 40 million a population in some countries around the world which is mind blowing even when i try imagining it.

OH! I Know this one!

In 2008 I worked out a way to push all the data backwards through the system so we could better pinpoint houses that had A LOT of equity. This was back during the hosing bubble. THEN I helped create the NINJA loan.

No Income, No Job or Assets.

We could give out a mortgage in THREE DAYS!

AND... due to inflation there were whole neighborhoods where the estimated equity of the homes had finally creeped over 50k, and NOBODY would give a loan on a house less than 50k. So whole SWATHS of America had houses that never had mortgages before suddenly qualify. I started handing out like 15-20 mortgages a month, when usually it was 3-5. When management saw what I was doing, they copied it, and everyone in Aegis lending started doing it.

Then every competitor started doing the same thing.

PS, No. Not kidding. I used to be a hired gun. I got hired to "fix" things. I was very good with numbers. Sometimes the solution was worse than the problem, but... at the time... I didn't worry about such things.

PS no. I'm not kidding. There's about a half dozen of us who started this mess. Three dropped off the face of the earth, one found god, and the other killed himself.

Then we took these BS worthless mortgages "Bundled" them and said, "Bundled Mortgages are safer" and sold shared of the bundled mortgages and sold them to China.

China then bundled the shares and sold shares of the bundled shares to India.

India then bundled the shares of the bundled shares of bundled mortgages to Wall Street.

Guess what Wall Street did with them?

EVERY TIME these "shares" of a "bundle" changed hands, the brokers would jack up the price and skim some off the top until the world economy collapsed and it is only a MIRACLE we are not currently living in madmax beyond the Thunderdome.

So, yeah, I personally set in motion the financial collapse of 2009 and DIRECTLY/personally cost tens of thousands of people their homes with the BS mortgages I sold them. Indirectly I helped bring the world to the brink of ruin.

There is a special place in hell for me.

 

[RepresentingDesire]

The cuba crisis

 

[Vnator]

The assassination of Archduke Franz Ferdinand which triggered world war 1 even though there was tension before it.The casualties in this war was 40 million a population in some countries around the world which is mind blowing even when i try imagining it.

It was going to happen anyway, that was just the excuse.

Now the Cuban Missile Crisis, if that one Soviet general chose to launch the nukes when he was asked, we'd all be dead. Now that's acary

OH! I Know this one!

In 2008 I worked out a way to push all the data backwards through the system so we could better pinpoint houses that had A LOT of equity. This was back during the hosing bubble. THEN I helped create the NINJA loan.

No Income, No Job or Assets.

We could give out a mortgage in THREE DAYS!

AND... due to inflation there were whole neighborhoods where the estimated equity of the homes had finally creeped over 50k, and NOBODY would give a loan on a house less than 50k. So whole SWATHS of America had houses that never had mortgages before suddenly qualify. I started handing out like 15-20 mortgages a month, when usually it was 3-5. When management saw what I was doing, they copied it, and everyone in Aegis lending started doing it.

Then every competitor started doing the same thing.

PS, No. Not kidding. I used to be a hired gun. I got hired to "fix" things. I was very good with numbers. Sometimes the solution was worse than the problem, but... at the time... I didn't worry about such things.

PS no. I'm not kidding. There's about a half dozen of us who started this mess. Three dropped off the face of the earth, one found god, and the other killed himself.

Then we took these BS worthless mortgages "Bundled" them and said, "Bundled Mortgages are safer" and sold shared of the bundled mortgages and sold them to China.

China then bundled the shares and sold shares of the bundled shares to India.

India then bundled the shares of the bundled shares of bundled mortgages to Wall Street.

Guess what Wall Street did with them?

EVERY TIME these "shares" of a "bundle" changed hands, the brokers would jack up the price and skim some off the top until the world economy collapsed and it is only a MIRACLE we are not currently living in madmax beyond the Thunderdome.

So, yeah, I personally set in motion the financial collapse of 2009 and DIRECTLY/personally cost tens of thousands of people their homes with the BS mortgages I sold them. Indirectly I helped bring the world to the brink of ruin.

There is a special place in hell for me.

Holy shit, the 2008 recession was your fault?! (Well, at least contributed to by you)

 

[RepresentingCaution]

I'm thinking of mistakes in how people raise their children that lead to generational trauma. Those things can have a butterfly effect.

 

[2wordsperminute]

Not so much almost, but way back in 1920s America, a lot of people were all about this one cool thing called credit. They didn't realize how big of a mistake so much debt was until the 30s.

 

[GlassRose]

Apes learning to walk on two and starting to use tools.

Are you referring to the start of the human race? Cause that's more owed to fire, and specifically cooking than tool use. I mean, tool use was kinda a prerequisite, but still. Plenty of species, including primates, use tools, only we are causing global crises.

I personally find it funny how the most quintessential human thing, the thing that separates us from other animals and allowed our dramatic development, isn't anything mystical or special like we like to believe, but just, we learned how to cook. We're the only species on Earth that cooks. That's what makes us unique. It allows us to get more energy from our food by spending less on digesting it, allowing our brains to evolve higher intellect (because that's really energy-intensive), and allowing us to have time in the day to spend on things other than just securing our next meal.

 

[QuercusMalus]

OH! I Know this one!

In 2008 I worked out a way to push all the data backwards through the system so we could better pinpoint houses that had A LOT of equity. This was back during the hosing bubble. THEN I helped create the NINJA loan.

No Income, No Job or Assets.

We could give out a mortgage in THREE DAYS!

AND... due to inflation there were whole neighborhoods where the estimated equity of the homes had finally creeped over 50k, and NOBODY would give a loan on a house less than 50k. So whole SWATHS of America had houses that never had mortgages before suddenly qualify. I started handing out like 15-20 mortgages a month, when usually it was 3-5. When management saw what I was doing, they copied it, and everyone in Aegis lending started doing it.

Then every competitor started doing the same thing.

PS, No. Not kidding. I used to be a hired gun. I got hired to "fix" things. I was very good with numbers. Sometimes the solution was worse than the problem, but... at the time... I didn't worry about such things.

PS no. I'm not kidding. There's about a half dozen of us who started this mess. Three dropped off the face of the earth, one found god, and the other killed himself.

Then we took these BS worthless mortgages "Bundled" them and said, "Bundled Mortgages are safer" and sold shared of the bundled mortgages and sold them to China.

China then bundled the shares and sold shares of the bundled shares to India.

India then bundled the shares of the bundled shares of bundled mortgages to Wall Street.

Guess what Wall Street did with them?

EVERY TIME these "shares" of a "bundle" changed hands, the brokers would jack up the price and skim some off the top until the world economy collapsed and it is only a MIRACLE we are not currently living in madmax beyond the Thunderdome.

So, yeah, I personally set in motion the financial collapse of 2009 and DIRECTLY/personally cost tens of thousands of people their homes with the BS mortgages I sold them. Indirectly I helped bring the world to the brink of ruin.

There is a special place in hell for me.

But at least they were easy to underwrite.

And well the NINJA, and SISA loan were a huge part of the bubble, the I/O ARM'S (interest only adjustable rate mortgages) were the product that has likely caused the most grief. And the thing is, nothing was learned. Yeah, lenders tightened down guidelines for awhile, before things crept back to allowing 50% DTI....

 

[Kenjona]

OH! I Know this one!

In 2008 I worked out a way to push all the data backwards through the system so we could better pinpoint houses that had A LOT of equity. This was back during the hosing bubble. THEN I helped create the NINJA loan.

No Income, No Job or Assets.

We could give out a mortgage in THREE DAYS!

AND... due to inflation there were whole neighborhoods where the estimated equity of the homes had finally creeped over 50k, and NOBODY would give a loan on a house less than 50k. So whole SWATHS of America had houses that never had mortgages before suddenly qualify. I started handing out like 15-20 mortgages a month, when usually it was 3-5. When management saw what I was doing, they copied it, and everyone in Aegis lending started doing it.

Then every competitor started doing the same thing.

PS, No. Not kidding. I used to be a hired gun. I got hired to "fix" things. I was very good with numbers. Sometimes the solution was worse than the problem, but... at the time... I didn't worry about such things.

PS no. I'm not kidding. There's about a half dozen of us who started this mess. Three dropped off the face of the earth, one found god, and the other killed himself.

Then we took these BS worthless mortgages "Bundled" them and said, "Bundled Mortgages are safer" and sold shared of the bundled mortgages and sold them to China.

China then bundled the shares and sold shares of the bundled shares to India.

India then bundled the shares of the bundled shares of bundled mortgages to Wall Street.

Guess what Wall Street did with them?

EVERY TIME these "shares" of a "bundle" changed hands, the brokers would jack up the price and skim some off the top until the world economy collapsed and it is only a MIRACLE we are not currently living in madmax beyond the Thunderdome.

So, yeah, I personally set in motion the financial collapse of 2009 and DIRECTLY/personally cost tens of thousands of people their homes with the BS mortgages I sold them. Indirectly I helped bring the world to the brink of ruin.

There is a special place in hell for me.

Teakins is that you? Just curious.
So in 1972. There was a decision made on credit card debt that made the entire world eventually to fall deeper into debt over time.

 

[BearlyAlive]

That one Austrian being killed.
That one Austrian not being accepted into art school.
The next time an Austrian does something.

 

[CrimsonGenius]

That one Austrian being killed.
That one Austrian not being accepted into art school.
The next time an Austrian does something.

So third time’s the charm.

 

[BearlyAlive]

So third time’s the charm.

Let's hope (not).

 

[Insomniologist]

The Great Panjandrum. Thank God that eldritch abomination of a weapon never got put to use.

 

[DeirdreH]

The wrong side winning the second world war has been pretty catastrophic.

 

[KidBuu699]

A lesser known one. The anthrax leak in the Soviet Union during the cold war in the research city of Sverdlovsk. Happened from bad maintenance in the air duct system. If the wind would have been blowing in the opposite direction towards the city the deaths would have probably been in the 10s of thousands.

Geographics has a good youtube video about it if anyone is curious.

 

[Gray_Mann]

The fact that Mao Zedong won the Chinese Civil War. That was a clusterfuck of an outcome.

The fact that Westerners STILL think Adolf Hitler was worse than Joseph Stalin. I just can't comprehend the levels of stupidity that go into this leap in logic. Americans literally helped the greatest European Mass-Murderer in European HISTORY....defeat a much, much smaller mass murderer. Hitler had rookie numbers in comparison to Ole Joe.

The wrong side winning the second world war has been pretty catastrophic.

Hard to beat the logic here. Kudos.

The Great Panjandrum. Thank God that eldritch abomination of a weapon never got put to use.View attachment 30622View attachment 30623

This is actually amazing. Though honestly, I can't see many tactical uses for this via WW2 era warfare other than just sending it rolling towards an enemy position right before you send your troops in right behind it. I mean they never managed to successfully steer it properly so it wouldn't have been useful in attacking fortifications. In the article I read, it says that British Military Command said it only needed to be able to go in a general direction at the enemy.

Which means they apparently never envisioned it being used overly strategically. Seems like it was supposed to be a shock-and-awe type weapon. Their effectiveness would have wore off after the first few "wtf" reactions once the Germans grew used to it. A very expensive gimmick weapon, basically.

 

[Dark_Phoenix_Zaetyk]

OH! I Know this one!

In 2008 I worked out a way to push all the data backwards through the system so we could better pinpoint houses that had A LOT of equity. This was back during the hosing bubble. THEN I helped create the NINJA loan.

No Income, No Job or Assets.

We could give out a mortgage in THREE DAYS!

AND... due to inflation there were whole neighborhoods where the estimated equity of the homes had finally creeped over 50k, and NOBODY would give a loan on a house less than 50k. So whole SWATHS of America had houses that never had mortgages before suddenly qualify. I started handing out like 15-20 mortgages a month, when usually it was 3-5. When management saw what I was doing, they copied it, and everyone in Aegis lending started doing it.

Then every competitor started doing the same thing.

PS, No. Not kidding. I used to be a hired gun. I got hired to "fix" things. I was very good with numbers. Sometimes the solution was worse than the problem, but... at the time... I didn't worry about such things.

PS no. I'm not kidding. There's about a half dozen of us who started this mess. Three dropped off the face of the earth, one found god, and the other killed himself.

Then we took these BS worthless mortgages "Bundled" them and said, "Bundled Mortgages are safer" and sold shared of the bundled mortgages and sold them to China.

China then bundled the shares and sold shares of the bundled shares to India.

India then bundled the shares of the bundled shares of bundled mortgages to Wall Street.

Guess what Wall Street did with them?

EVERY TIME these "shares" of a "bundle" changed hands, the brokers would jack up the price and skim some off the top until the world economy collapsed and it is only a MIRACLE we are not currently living in madmax beyond the Thunderdome.

So, yeah, I personally set in motion the financial collapse of 2009 and DIRECTLY/personally cost tens of thousands of people their homes with the BS mortgages I sold them. Indirectly I helped bring the world to the brink of ruin.

There is a special place in hell for me.

So you caused my grandfather downfall

The cuba crisis

Pixytokisaki14 our resident gun maniac brought this to my attention and i'm looking it up

I'm thinking of mistakes in how people raise their children that lead to generational trauma. Those things can have a butterfly effect.

I'm not a parent but I agree with you...just lurking in social media and you will come across people affected by this

 

[Nolff]

Yes. With a capital Y.