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“To which the only appropriate response is: “Huh?” How can losses out of $43 billion of optimistically overvalued asserts eliminate $224 billion of value? Eric Dash and Julie Creswell don’t answer that question. They don’t even seem to recognize that it is a question that they should be interested in. That they were given this story to write, and that no editors said “wait a minute! this doesn’t add up!” is yet another signal that the New York Times is in its death spiral: not the place to go to learn anything about an issue.” source...