3 ms·
Most of money today is from issued loans. The worst that happens is like the fears in 2008, where the loans (or the assets bought for those loans) are worth a l
by snemvalts 6y ago
Most of money today is from issued loans. The worst that happens is like the fears in 2008, where the loans (or the assets bought for those loans) are worth a lot less, and hence a lot of money will be as well.