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https://www.bloomberg.com/view/articles/2016-07-18/bond-trading-and-bank-memoirs https://www.bloomberg.com/view/articles/2016-07-18/bond-trad... >My rough defi
by ikeboy 10y ago
https://www.bloomberg.com/view/articles/2016-07-18/bond-trading-and-bank-memoirs https://www.bloomberg.com/view/articles/2016-07-18/bond-trad...
>My rough definition of a financial crisis is that it's when someone borrows money from someone else, and can't pay it back, and it is politically and socially unacceptable not to pay it back.