Good post good read. The guy is wishful to think this will put a significant hurting on investment banking. There's a thousand and one ways to brush the debt under the rug so they can continue to gamble in the casino.
What gets me is how Michael Burry of 'Big Short' fame would want to try and make more money after he made a bazillion in the sub prime. Oh wait, that's right, he's a jew....
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