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On 7/14/15 2:19 PM, Andrew Pollack wrote:
Well yes, in fact, the consolidation of all banks into one means you can rip out much of the coding. Same for every other sector of the economy which would be rationalized: the amount of data and calculations of same required is drastically reduced when you don't have millions of individual firms recalculating every day their prices, their stocks (both financial and real), etc.
This baloney might impress someone who has never written a program but it doesn't impress me.
A typical large scale project in a major corporation takes anywhere from three to five years to complete, and that's without "consolidating" a bunch of them into a single state owned firm, which is what you are obviously talking about. It is one thing to make such a statement on a Marxism list off the top of your head and it is another to create the infrastructure, carry out the systems analysis, and then finally code and test a complex system. The USA had enormous money and manpower and look at what a fiasco Obamacare was before it was debugged. Is it the idea that a socialist Grexit will make protection exceptions and program loops obsolete? Amazing.
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