morpho and euler let anonymous curators collect 10% fees on $40m vaults with zero capital at risk. stream finance curator lost $93m and kept the fees. telosc, mev capital, re7 all spread bad debt last week. check who manages your vault. they're farming you harder than any protocol ever could ...

Financial Risks & Exposure - Stream Finance 通过 Elixir 协议的递归铸币创建了 5.3 亿美元的虚假抵押品 [1] - 各协议面临 2.85 亿美元的坏账风险，涉及 Euler、Silo 和 Morpho [1] - Elixir 协议面临 6700 万美元的风险敞口，占其国库的 44% [1] Insurance Market Dynamics - Nexus Mutual 和其他保险公司预计将迎来需求激增，因为每个协议都在争夺保险覆盖 [1] - 保险基础设施正变得强制性，而非可选项 [1]

Thailand has finalized a plan to purchase around 60 billion baht ($1.8 billion) worth of bad debt that will help about two million individual borrowers and revive the economy https://t.co/GdLCKq776h ...

Davidson Kempner acquires about $1.4 billion in bad debt from Abu Dhabi Commercial Bank, the second such transaction between the US hedge fund and one of the emirate’s largest lenders https://t.co/xLlqNGiY58 ...

Core Insights - The article discusses the distinction between good debt and bad debt, emphasizing that good debt is associated with appreciating assets while bad debt is linked to depreciating items or fleeting experiences [1][2]. Group 1: Bad Debt Examples - Financing furniture is highlighted as a poor financial decision since it depreciates immediately, leaving consumers with debt for an item that loses value quickly [3]. - Vacations are also categorized as bad debt, particularly when individuals spend large sums, such as $10,000 on a trip, which results in debt without tangible long-term benefits [5]. - Clothing and accessories, especially from fast fashion, are noted as another area where financing can lead to financial difficulties, as these items often do not retain value [7]. Group 2: Alternatives to Financing - Instead of financing furniture, consumers are advised to purchase used items from platforms like Facebook Marketplace or consignment stores, which can provide significant savings [4]. - For vacations, the article suggests opting for staycations or local adventures to avoid incurring debt while still enjoying leisure time [6].

Group 1 - Crowdfunding platforms like First National Realty Partners (FNRP) allow investors to pool money for real estate investments without taking on debt [1][6] - FNRP focuses on necessity-based real estate, such as grocery stores and healthcare facilities, which are essential to local communities and often leased by national brands [6] - The commercial property market has different lending arrangements compared to residential mortgages, often with less favorable terms and potential call options for lenders [7][9] Group 2 - Graham Stephan and Dave Ramsey have differing views on debt, with Stephan justifying borrowing for appreciating assets while Ramsey advocates for avoiding debt altogether [2][5] - Ramsey emphasizes the importance of understanding the risks associated with debt, stating that more debt increases risk exponentially [1][10] - The article discusses the potential for investors to use good debt strategically, while also highlighting the importance of avoiding bad debt that does not contribute to financial health [12][13]