[beforeolives]

So if it's a scam but everyone knows that it is, you think there is no risk?

[onlyrealcuzzo]

Everyone with two braincells knew something didn't check out with housing in the US by 2006.

But nobody cares if they think there's still time to get in and make money.

This is true of most bubbles.

[jkhdigital]

The difference is that lots of people who had no interest in playing that game were unwittingly dragged into it by the CLO/CDO scam. That’s why the risk became systemic—bankers tricked everyone into spinning the wheel.

[roenxi]

I think there is a risk if people are buying tethers and they don't realise that is what they are doing.