Post by @el_abuelo

In reply to 1 earlier post

@dontsayaword@piefed.social on piefed.social Open parent

Sub-prime mortgages going into default en masse

@el_abuelo@programming.dev · Dec 14

That’s not how people made money. That’s what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult…Shorting it at the right time can be.

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