/biz/ - Business & Finance

>>54132872
A million is a make it stack. Half that is a nice two story house in some town that sucks.

>>54105204
we are at 3 already, you saw how the bank stocks still got clobbered even w/ bailout and pivot.

>>54105016
ABS are a bit safer, first they're made at higher rates, second the vehicle most of the time does retain its value well enough. I bought a truck in 2020, its value has doubled. You're not wrong, I just think that those assets are more designed to handle high failure rates.

>>54104957
My guess is the smart money knows this since its not rocket science and is planning on riding the banks to their knees if they can make money doing it.

>>54104884
No clue but I remember the circles I learned about that stuff in with fondness.