News for hackers. Stuff that matters.

A comment on Paul Singer is bracing for ‘all hell to break loose’ in the stock market. Parent comment

Re:Paul Singer is bracing for ‘all hell to break loose’ in t... by ouid on Tuesday May 30, 2017 @04:37PM (#14448339)
It seems like the economy is largely debt driven. The amount of personal debt that people can accumulate before declaring bankruptcy is finite, and when their credit drops, the economy contracts.
[ Parent | on HN ]
Re:Paul Singer is bracing for ‘all hell to break loose’ in t... by ellius on Tuesday May 30, 2017 @07:41PM (#14449463)
"Debts that can't be repaid won't be repaid."
[ Parent | on HN ]