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Comment by vishnugupta

3 years ago 

  Take increasing risks in search for higher yield? Check
  Leveraged trading to ratchet up profits? Check
  Margin called when the risky bet doesn't pay off? Check
  Counter party risk? Check
  Contagion + domino effect? Check
  Fire sale of decent quality assets putting down pressure on its prices thus hurting the whole ecosystem? Check

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vishnugupta

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