this post was submitted on 15 Jan 2025
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[โ€“] Gradually_Adjusting@lemmy.world 77 points 7 hours ago (1 children)

We're inclined to laugh, but maybe if we were all this dumb there'd be no such thing as credit default swaps

[โ€“] Death_Equity@lemmy.world 24 points 6 hours ago

If we were all that dumb, our currency would be backed by debt derivatives...