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A comment on Risky Mortgage Bonds Are Back and Delinquencies Are Piling Up. Parent comment

Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by landryraccoon on Tuesday November 05, 2019 @06:06PM (#21457785)
If China has enough real money to bend the NBA and Activision doesn’t that imply that the bookkeeping isn’t fake - CN’s success is real, not imagined?
[ Parent | on HN ]
Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by mc32 on Tuesday November 05, 2019 @06:30PM (#21458028)
No, it’s like a car dealership not extending credit to someone with bad credit but who will gladly take a bank check.
[ Parent | on HN ]
Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by landryraccoon on Tuesday November 05, 2019 @06:58PM (#21458282)
I don't see the distinction. If they have Activision, Apple, Tesla and Disney as customers why wouldn't banks, financial markets and investors trust them? I would argue they already do, I highly doubt China has trouble floating debt or attracting foreign investment right now.
[ Parent | on HN ]