Is securitization good or bad?

It's a question that has been debated in the world of finance for quite some time. On one hand, securitization allows for the pooling of assets and the creation of financial instruments that can be sold to investors, increasing liquidity and providing new investment opportunities. On the other hand, critics argue that securitization can lead to the creation of complex and opaque financial products that are difficult to understand and can pose risks to the financial system. So, is securitization a good thing or a bad thing? What are the potential benefits and drawbacks of this financial practice? Let's dive deeper into the topic and explore the different perspectives.