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Banks get by on a long term strategy of supporting gambling. A loan to invest is the same whether it's in a small business, a house, or stocks. In fact, the fir
by hueving 10y ago
Banks get by on a long term strategy of supporting gambling. A loan to invest is the same whether it's in a small business, a house, or stocks. In fact, the first two are even riskier because they aren't liquid so they can't get out in turbulent times like they can with a margin call.