Lol if you loaned somebody $1000, would expecting it back make you a greedy prof... | Hacker News

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		TwoBit on Aug 9, 2020 \| parent \| context \| favorite \| on: Debt collector profits soar with people flush and ... Lol if you loaned somebody $1000, would expecting it back make you a greedy profit machine?

kg on Aug 9, 2020 | [–]

If you loaned someone $1000 and there was no way they'd be able to pay it back, expecting it back would at a minimum make you a very unwise lender - as many companies learned during the CDO debacle!

salusinarduis on Aug 9, 2020 | [–]

A better comparison is loaning someone 10 cents.

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