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And there we have the reason for all of these interdependent deals between all these firms, they're all hedging with each other they can keep this set of plates spinning.

They can't, not firever. Bubbles pop.





How is what they’re doing a ‘hedge’? It seems more like alternative financing, or keiretsu.

Keiretsu are ways to hedge against loss, you form interlocking relationships that spread both risk and success around. In this case no one is sending actual money, they're sharing obligations with each other.



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