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A comment on U.S. job openings post biggest drop in more than four years. Parent comment

Re:U.S. job openings post biggest drop in more than four years by 12xo on Friday January 17, 2020 @01:10PM (#22077377)
I can only assume you are talking about hard asset based debt... What if there is no collateral, or hard assets? Like the majority of consumer debt? Or corporate debt?
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Re:U.S. job openings post biggest drop in more than four years by Mikeb85 on Friday January 17, 2020 @01:22PM (#22077504)
Most consumer debt is mortgage debt which is backed by assets. Most corporate debt is backed by assets. But this is government debt we're talking about anyway, which can always be repayed due to money printing. The cost is in inflation and sentiment.
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