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[-] Gradually_Adjusting@lemmy.world 139 points 3 months ago

We're inclined to laugh, but maybe if we were all this dumb there'd be no such thing as credit default swaps

[-] Death_Equity@lemmy.world 58 points 3 months ago

If we were all that dumb, our currency would be backed by debt derivatives...

[-] olafurp@lemmy.world 7 points 3 months ago

Swiggety swooty coming for the 2008 mortgage booty

[-] UltraGiGaGigantic@lemmy.ml 1 points 2 months ago

We are all this dumb because credit default swaps exist.

this post was submitted on 15 Jan 2025
489 points (98.6% liked)

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