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Comment by littlestymaar

3 days ago

For every debt there's a debtor and a debtee. For the first debt is a liability, while it's an asset for the second.

2 comments

littlestymaar

Reply

staplers  3 days ago

and liabilities are always paid back in full and never smoothed over with money printing bailouts.

  • littlestymaar  3 days ago

    I don't understand the point you're making.

    All kind of assets can lose value overnight, be it stocks or real estate.

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