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If I lent you 1 trillion dollars and you lent it right back to me (because I don't actually have it), we'd both have 1tn in assets and debt. That nets off to ze
by LatteLazy 5y ago
If I lent you 1 trillion dollars and you lent it right back to me (because I don't actually have it), we'd both have 1tn in assets and debt. That nets off to zero.
But if you want to make up bullshit, you could pretend it doesn't and that you and I are now the world's largest economy, trading 2tn a day.
It's a great way to make your maths easier (but wrong) and your headlines much more attention grabbing.