Actually, I tell people to watch the Big Short because they explain the securitization process really well.
But hopefully rating agencies aren’t lying about the quality of loans and intentionally underwriting bad debt like they did in 2008 but I don’t originate the loans so idk.
Well, Oracle will implode and Ellison will be broke. He and his idiot son will probably have to sell off all their media holdings. So, a small silver lining. You cant eat it, but …
probably, I kinda hope Oracle doesn’t fall too much because I like using their free tier as an overcomplicated vpn because my isp has some fucked up network config (maybe CGNAT?)
That sounds like 2008 crisis waiting to happen again and again and again
Actually, I tell people to watch the Big Short because they explain the securitization process really well.
But hopefully rating agencies aren’t lying about the quality of loans and intentionally underwriting bad debt like they did in 2008 but I don’t originate the loans so idk.
Well, Oracle will implode and Ellison will be broke. He and his idiot son will probably have to sell off all their media holdings. So, a small silver lining. You cant eat it, but …
probably, I kinda hope Oracle doesn’t fall too much because I like using their free tier as an overcomplicated vpn because my isp has some fucked up network config (maybe CGNAT?)
which were all caused a republican, starting the cycle, of re-electing the same gop and Dinos.