Europe@feddit.orgEnglish • 2 months ago

EU resurrects banking practice that caused the 2008 financial crisis

www.politico.eu

cross-posted to:
world@lemmy.world

EU resurrects banking practice that caused the 2008 financial crisis

www.politico.eu

@CAVOK@lemmy.world to

Europe@feddit.orgEnglish • 2 months ago

cross-posted to:
world@lemmy.world

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
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