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Huge moral hazard. Limiting moral hazard is what keeps our insurance/finance/debt system churning.

That said, lobbyists pay politicians and the media to help them believe that the people who are in a position to benefit most from moral hazard are also immune to it - something which has shown to be not the case.



As others have pointed out, the moral hazard is limited because you would never be able to get a loan again.

> Limiting moral hazard is what keeps our insurance/finance/debt system churnin

I kind of agree with that but I think you meant 'Trust' instead of 'Limiting moral hazard' in that sentence.


> Limiting moral hazard is what keeps our insurance/finance/debt system churning

Citation needed.




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