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A comment on Trillions in Bad Loans May Sap World Economy for a Long Time. Parent comment
Yeah, and in the most recent cases that was somebody's home, for which nabbing that collateral was controversial.
>Now banks think they can get rid of that concept too.
Banks are pretty good at assessing loan risk. You don't think so? Go try to get a small business or unsecured loan.
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Yeah, and in the most recent cases that was somebody's home, for which nabbing that collateral was controversial.
>Now banks think they can get rid of that concept too.
Banks are pretty good at assessing loan risk. You don't think so? Go try to get a small business or unsecured loan.