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Dr. Azimov
Wall Street Millennial
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Comments by "Dr. Azimov" (@ProfAzimov) on "Reckless Greed | The Celsius Bankruptcy Explained" video.
How would you pay if you lost your life savings
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US I bonds follow inflation, it isnt a set amount.
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@MrXperx Read the whole thing. What he is talking about is banks before government regulation, like before the great depression, banks were using client deposits to speculate on the market, or give leverage to speculators.
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@aa1944-k2r Lending is a gamble,
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@aa1944-k2r You are gambling on the fact that the debtor doesn't go into insolvency, and, when it is your turn, there isn't any more assets
1
@timothy1949 The job of bankers is to make sure loans have an expected value above risk-free rate.
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@Udhwjzjsnxjs The FDIC is a deposit insurance company owned by the centeral bank
1