> The entire system has been treating every borrower as if they were the worst possible borrower Isn't that just the effect described in <https://en.wikipedia.

> The entire system has been treating every borrower as if they were the worst possible borrower Isn't that just the effect described in <https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons>?