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I think you are too tinfoil hat to think they planned it. They don't need to engineer what is happening, it was obviously going to happen at some point. They co
by HWR_14 4y ago
I think you are too tinfoil hat to think they planned it. They don't need to engineer what is happening, it was obviously going to happen at some point. They could have targeted some banks (active, hard), or they simply could have realized that a percentage would fail when rates went up, so they got in a position to do well picking up the pieces. And then they acquire whatever fails.