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Yeah, so an inability to sell because they are levered up and using accrual accounting isn’t really a lack of liquidity in the market. It’s a seller liquidity
by naveen99 4y ago
Yeah, so an inability to sell because they are levered up and using accrual accounting isn’t really a lack of liquidity in the market. It’s a seller liquidity problem, not a buyer liquidity problem. which is a weird type of liquidity problem.
- jbscpa 4y ago“ which is a weird type of liquidity problem” Ah yes. The very definition of “financial accident”