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We also have bankruptcy protection, LLCs, trusts and homesteads to protect downside. Followed by unemployment insurance and various forms of welfare depending o
by lumost 3y ago
We also have bankruptcy protection, LLCs, trusts and homesteads to protect downside. Followed by unemployment insurance and various forms of welfare depending on the severity of the situation.
Risks are good for society, we have buffer to absorb them provided you aren’t betting the farm with BoA. In which case, we really should have tighter regulations to stop people from betting the farm with BoA.