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A comment on Debt is coming to the tech industry. Parent comment

Re:Debt is coming to the tech industry by bobthepanda on Saturday February 08, 2020 @01:26PM (#22277411)
You don't need that many participants in a bubble for it to have systematic impact. You just need enough participants inconveniently placed throughout the economy who stop paying their bills to various people.
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Re:Debt is coming to the tech industry by kortilla on Saturday February 08, 2020 @09:43PM (#22280048)
No, what made it systemic was the assumption of the government taking the downside risk on people getting mortgages that shouldn’t have.

Massive boring banks won’t get swept up like they did with MBS products otherwise.

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