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A comment on Sanders to propose canceling entire $1.6T in US student loan debt. Parent comment

Re:Sanders to propose canceling entire $1.6T in US student l... by ptah on Tuesday June 25, 2019 @04:06AM (#20272046)
yes. the derivatives built on top of bad home loans caused the contagion. it would have been close to a non-event if there were no derivatives based on the bad homeloans.

https://www.investopedia.com/financial-edge/0210/did-derivat...

https://www.thebalance.com/role-of-derivatives-in-creating-m...

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Re:Sanders to propose canceling entire $1.6T in US student l... by kenneth on Wednesday June 26, 2019 @09:51PM (#20291090)
The derivatives were traded in massive blocks, not in high-frequency transactions where fees adding up matters.
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