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mopinko

(70,071 posts)

1. there is a great podcast- planet money. they did a great show- the giant pool of money.

Reply to BeyondGeography (Original post)

Tue Dec 31, 2019, 01:22 AM

Dec 2019

it was about the crash, but i believe the same dynamic still exists- w such low interest on us bonds, money looking for a safe place is desperate.
mortgages sounded so comfy, and homogenizing that risk made it sound like gold bricks.
deep dive into the practices that begged for a crash.
no reason to believe that ended. if anything, it probably got worse.

havent listened lately. wonder what they have to say.

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Highlight:

Private equity ran amok in the 2010s [View all] BeyondGeography Dec 2019 OP

there is a great podcast- planet money. they did a great show- the giant pool of money. mopinko Dec 2019 #1

Private equity firms are vampires alwaysinasnit Dec 2019 #2

Even if they don't ruin the company financially, they ruin it for employees Amishman Dec 2019 #3