Could it not be in a meta stable equilibrium like this if the weights were of equal mass? The numbers of the weights are unit-less. We assume they represent the mass, but for all I know the number is the serial number of the weight.
For all we know, it could be in space, they could be heavily magnetized, 100m/s wind, .5 CoF in the pulleys, the rope could stretch, and the system could be traveling near the speed of light.