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The Risk of Extreme Ruin
Tepa: Why is anybody allowed to borrow 99 s their money? Oh, it's not prudent lending, cause you have no security against it. Tepa: You should create more prudent lending standards tat say, well, every ek. The problem with risks of ruined kind of trades is some people get extremely lucky. We're seeing this in ic anipe of hunding. I'm sure we'll see this in a bunch of others. i just hope that it doesn't happen to any of us.