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20 sats \ 5 replies \ @Undisciplined OP 25 Jul 2024 \ parent \ on: Wall Street's latest poison: Leveraged ETFs econ
Only if they get bailed out. Otherwise, they'd just be cautionary tales.
Only the wealthy leverage.
Everyone else who does ends up bankrupt.
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They'd probably end up bankrupt too, if they didn't get bail outs.
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The wealthy always get bailed out.
Especially corporations.
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True, but that's not leverage's fault.
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If they didnt have the ability to leverage, the wouldnt be in that situation.
They would just go bankrupt.
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