Zac: In an irrational moment in time, wiping people out because theirs is like blip in liquidity isn't the right thing to be doing. He says what happens in a real market unwind is everything gets sold intermittently to try to get the money back to safety as fast as possible. Zac: The system that you've architected, which is how the world works, is it got so bad the united states government had to step in to bale out the entire banking system.

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