Europe@feddit.orgEnglish • 5 months ago

EU resurrects banking practice that caused the 2008 financial crisis

www.politico.eu

EU resurrects banking practice that caused the 2008 financial crisis

www.politico.eu

@CAVOK@lemmy.world to

Europe@feddit.orgEnglish • 5 months ago

Securitization allows banks to repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.”

Paywall? https://archive.is/TzfCE

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Let’s gooooo, the people yearn for the next crisis
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  Ikr, it’s been too long already
  - lemonaz
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    1•5 months ago
    Two months is a long time, I need another hit!

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