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"immediately blow up" - if such fragility exists, is it a good thing? I mean, even raising rates a few basis points causes such collapse...
by r00fus 5y ago
"immediately blow up" - if such fragility exists, is it a good thing? I mean, even raising rates a few basis points causes such collapse...
- kyleee 5y agoNo I think it's an awful situation, but lawmakers and governments have made the bed for us by stepping in over and over to rescue and backstop failing entities and sectors time and time again which has allowed what would otherwise be insolvent and long ago bankrupted entities and business models to flourish