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/biz/ - Business & Finance

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>> No.17789675 [View]
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17789675

>>17789620
So, question

The Fed is making these loans to banks as fast as it possibly can, and can't keep up. I also read here that they accept pretty much any garbage collateral the banks give them. And that BBB grade bonds are now 50% of all corporate debt. And that there's a big credit crunch coming.

What happens if the collateral defaults?

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