Re:Regulators Shut Down Lending Platform (YC Alum) LendUp
by frockington1 on Thursday December 23, 2021 @11:51AM
(#29663623)
Isn't Italy topping the charts of countries in financial ruin? If it weren't for Greece being worse Italy would be in the headlines. If America is to change laws, it'd help to use a successful nation as an example
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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp
by bonzini on Thursday December 23, 2021 @12:20PM
(#29663950)
Interesting spin on the ad hominem, but I just mentioned what I know about since I live here. Anyway, we're talking about private debt; and while Italy has a huge public debt, its private debt is quite low.
BTW, right now US treasury bonds have a higher 10y yield than Italy.