Because the general consensus at this point appears to be that the notes will fail. You wouldn’t buy a loan if you thought it wasn’t going to be repaid.
> You wouldn’t buy a loan if you thought it wasn’t going to be repaid.
Eh, people do weird things all the time.
Also, there is often extreme information asymmetry.
> You wouldn’t buy a loan if you thought it wasn’t going to be repaid.
Eh, people do weird things all the time.
Also, there is often extreme information asymmetry.