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4 replies
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@Satosora
25 Jul
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on: Wall Street's latest poison: Leveraged ETFs
econ
Only the wealthy leverage. Everyone else who does ends up bankrupt.
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@Undisciplined
OP
25 Jul
They'd probably end up bankrupt too, if they didn't get bail outs.
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@Satosora
25 Jul
The wealthy always get bailed out. Especially corporations.
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@Undisciplined
OP
25 Jul
True, but that's not leverage's fault.
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@Satosora
25 Jul
If they didnt have the ability to leverage, the wouldnt be in that situation. They would just go bankrupt.
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