sabreW4K3@lazysoci.al to Late Stage Capitalism · 5 months agoRyan Gosling explains how to turn debt into money | The Big Shortyoutube.comexternal-linkmessage-square4fedilinkarrow-up113arrow-down10
arrow-up113arrow-down1external-linkRyan Gosling explains how to turn debt into money | The Big Shortyoutube.comsabreW4K3@lazysoci.al to Late Stage Capitalism · 5 months agomessage-square4fedilink
minus-square☭ Blursty ☭linkfedilinkarrow-up2arrow-down1·5 months agoHe didn’t actually explain that though.
minus-squareloathsome dongeaterAlinkfedilinkEnglisharrow-up1·5 months agoI think the “debt into money” thing refers to betting against bad debts by shorting them, thereby making money when they are defaulted on.
minus-square☭ Blursty ☭linkfedilinkarrow-up2·5 months agoYeah I know that, but that didn’t really happen in the clip. I’m just nitpicking.
He didn’t actually explain that though.
I think the “debt into money” thing refers to betting against bad debts by shorting them, thereby making money when they are defaulted on.
Yeah I know that, but that didn’t really happen in the clip. I’m just nitpicking.