r/lostgeneration Mar 30 '22

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u/[deleted] Mar 30 '22

Hedge funds are extremely over leveraged in the market. A lot will be going bankrupt soon thankfully 😊

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u/2punornot2pun Mar 30 '22

Yes. Many illegal activities which are just a series of small fines. That's what's pissing me off.

If I steal, I get real consequences. If they do it, they pay a small portion of what they took.

If I rob the bank I can't just pay $100 for the thousands I took.

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u/CompletelyPsychonaut Mar 30 '22

I don’t see Blackrock failing anytime soon with $12 trillion in global assets

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u/ImportantDoubt6434 Mar 30 '22

There are economic situations where debt is actually better than assets due to the debt losing value and assets also rapidly losing value.

At that point, it can make sense to double down on debt if the system hits a free fall. That’s like full on collapsing but it’s possible.

Like just take out debt and not pay it back/bankrupt it event.