• humanspiral@lemmy.ca
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    1 day ago

    so paywalled, didn’t even show a byline.

    This is fundamental mechanism behind subprime crisis., Channels to offload debt so that more debt can be issued.

    • buddascrayon@lemmy.world
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      17 hours ago

      Yeah I love how the article keeps dancing around that fact. It’s like they’re absolutely terrified to actually put it into words.

      And, quite frankly, they should be. The collapse there setting up right now could very well eclipse the subprime mortgage collapse of 2008.