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@dontsayaword@piefed.social

Post #62173

2025-12-14 10:55 UTC

Sub-prime mortgages going into default en masse

Replies (1)

  • @el_abuelo@programming.dev 2025-12-14 12:38

    That’s not how people made money. That’s what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult…Shorting it at the right time can be.

    Open ##62294