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Re:Three Arrows Capital has defaulted on a loan worth more t... by mbar84 on Monday June 27, 2022 @01:27PM (#31897787)
Worse than paper shuffling about and numbers changing in a computer is when peoples behaviours change due to such foolishness. People who thought they could retire early but should have been continuing to work. People who bought cars and propped up an industry that should have been shrinking, freeing up resources for other parts of the economy to grow. People who built houses with resources that could have been put to better use and which now stand empty.

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