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So your saying that these loans never get paid back in the lifetime of the borrower? And they just keep taking out more and more loans during their life? X
by lordloki 2y ago
So your saying that these loans never get paid back in the lifetime of the borrower? And they just keep taking out more and more loans during their life? X
- lesuorac 2y ago> So your saying that these loans never get paid back in the lifetime of the borrower? Yes. > And they just keep taking out more and more loans during their life? X Well, I'm not making any claims on that but probably. If you took out a $200M loan and only needed to spend say $25M of that it's probably advantageous to re-invest $100M of that back into stocks and then if they appreciate (too much?) you'd want to do another loan again.