Vox is the left wing website known for dumbing down everything on the internet, claiming that Israel planned to shut down a bridge that connected Gaza with the West Bank, and making a ridiculously inaccurate video attempting explain the Arab-Israeli conflict in ten minutes. One of its staffers, Matthew Yglesias, tweeted today,
https://twitter.com/mattyglesias/status/695638493855379457
If this was supposed to be sarcastic or a joke, well, it’s not funny. At all.
He was referring to the concept of risk-weighted capital requirements for banks, which is a concept that Federal Reserve and other global bank regulators use today. In light of Vox’s record of egregious errors, however, I have a hard time believing that Yglesias understands what that means.
H/T Omri Ceren
Update: If there’s a bright side to this, it’s the responses the tweet generated.
https://twitter.com/int0c/status/695651108409180161
https://twitter.com/MLThePerformer/status/695680273166573569
https://twitter.com/DanielBobke/status/695667944169148416
https://twitter.com/brohammersdad/status/695662802191699968
https://twitter.com/ymlevine/status/695654415286534144
https://twitter.com/ohyougatherer/status/695651948217942017
