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" ... If that all went kablooie that would indeed be a problem. However, we do need to distinguish between problems that would become systematic and problems that, again, can just be left to the normal ruthlessness of capitalism and markets to work themselves out. If hedge and or investment funds lose their money then that's a concern for those who lose their money but it's not a problem for the rest of us. If a corporation goes bust taking its bondholders down with it, well, so what? ... "