my thoughts on usury: if you don't want to take out a loan, don't get one
i'm talking about the class of people who for very good reasons look like poor shmucks to banks and will not be able to get a collateral-backed loan because they have no collateral. i'm saying that for structural reasons some people fall through the cracks
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The market is trying to tell them the thing they want money for doesn't have enough upside if investors aren't interested.
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yes, exactly. that's what i mean by "structural reasons". conventional financiers have good reasons not to make that loan. too high risk (statistically speaking) and too low upside (statistically speaking). there aren't many good alternatives in this case and that kinda sucks
End of conversation
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