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The root issue of credit card bubbles is not that hedge funds and investors may loose on risky investments, but that those same investors are so interconnected
by belorn 7y ago
The root issue of credit card bubbles is not that hedge funds and investors may loose on risky investments, but that those same investors are so interconnected with society that society has to bail them out if they end up loosing it all.
- dd36 7y agoAlso that the executives can bail before it gets too bad.