Securitization is harmful for the economy. Discuss
Length: 2 pages (550 Words)
By definition, Secularization is the process through which financial institutions take the initiative of transforming a combination of different asset receivables that are illiquid into secularized products through pooling as well as transferring the claims to a Special Purpose Vehicle. Despite its intended motives, secularization is harmful to the economy. In this debate, I am affirming this case by presenting several points.
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