The hard part here, is pondering the future macro...
I think the inflation genie is out of the bottle, and will be hard to contain.
On the other hand, I think central banks will blink b4 they actually raise as much as they should, as they stare at the prospect of a global depression.
So i rates and arrears/defaults will rise moving forward..
The question is by how much, and what quantum can MNY handle before it threatens the company?
These questions are hard to answer...
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The hard part here, is pondering the future macro...I think the...
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