Don’t forget they created derivates based on that debt, because they “learned” from '08 how home mortgage debt derivatives isn’t as safe as they thought.
Good thing that non-dischargeable debt is nice and safe and won’t be wiped by government action, because that would make tiers of derivatives worthless and unwind multiples of the economy into a crater. That is why they fought against wiping student loan debts.
Don’t forget they created derivates based on that debt, because they “learned” from '08 how home mortgage debt derivatives isn’t as safe as they thought.
Good thing that non-dischargeable debt is nice and safe and won’t be wiped by government action, because that would make tiers of derivatives worthless and unwind multiples of the economy into a crater. That is why they fought against wiping student loan debts.
this is all gonna snap, probably all at once