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Read Financialization and Inequality in Real-World Micro (chapter 8.8). If financial firms systematically make bad loans, such as writing mortgages for homebuyers who will not

Read "Financialization and Inequality" inReal-World Micro(chapter 8.8). If financial firms systematically make bad loans, such as writing mortgages for homebuyers who will not be able to pay off the mortgage, what would you expect to happen to these firms' profitability over time?

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