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The debt goes bad and those that issued the debt absorb losses. Many that went in deep lose their shirts. Thats how this stuff works, although there’s a whole
by cmiles8 6mo ago
The debt goes bad and those that issued the debt absorb losses. Many that went in deep lose their shirts.
Thats how this stuff works, although there’s a whole generation that’s not seen the back side of a bubble and seems to think there’s no such thing as a downside.
- throwaway132448 6mo ago2007 called they want their free-market philosophy back.
- giwook 6mo agoJust their shirts? I'd rather lose my pants if I had to lose anything, so then I'd still be presentable for Zoom calls.