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But they held "value" that was "gone" from one day to the other which triggered the financial crisis. In reality they weren't worth anything but the realizatio
by bhaak 3y ago
But they held "value" that was "gone" from one day to the other which triggered the financial crisis.
In reality they weren't worth anything but the realization that those values were worthless was the trigger. But those values were on the balance sheets and should therefore be visualized as well.