Byzantine · 162w another way to think about this is that there is a "debt to collateral mismatch" "too much debt and the value of things backing the debt is now worth less." People with dollar denominated debt need ... Lyn Alden @LynAlden 1680790686 It's funny because it's true, and because the collateral is also debt."Our debts are collateralized by assets, which are someone else's debt, and those debt-assets went down in price a lot relative to our debt." 21❤️2🤙5