| ▲ | cmiles8 a day ago | |
Because the general consensus at this point appears to be that the notes will fail. You wouldn’t buy a loan if you thought it wasn’t going to be repaid. | ||
| ▲ | stockresearcher a day ago | parent [-] | |
> You wouldn’t buy a loan if you thought it wasn’t going to be repaid. Eh, people do weird things all the time. Also, there is often extreme information asymmetry. | ||