Hacker News new | ask | show | jobs
by lifeisstillgood 5042 days ago
During the 19th Century, U.S. railroads relied primarily on debt issues to finance their growth. This policy contributed to major financial crises (www.biu.ac.il/soc/ec/wp/16-01/16-01.pdf)

Is that what you mean - or derivatives?

1 comments

just wanted to know - now it's clear