#1 2021-03-27 07:49:32
Meet your inflation engine.
World wide shortages of goods triggered by chip plants, coffee draughts and a massive shipping problem will send consumer prices higher. The resulting inflation will be contained and managed but will shift the underlying economic numbers by a percentage significant enough to offset all of the new debt taken on by every nation.
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#3 2021-03-30 10:47:45
square wrote:
And as usual, the gamblers are fucking up things for everyone else.
Well with Goldman Sachs as your Prime Broker and Custodian that shit happens fast. GS doesn't fuck around. They are usually less likely to front-run or double-deal you but they will slice your throat and sell your blood in a heartbeat. They self-insure by being willing to seize and sell your assets before the market knows that there is a problem.
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#4 2021-04-05 14:45:02
It's how they are selling the $15 minimum wage to Wall Street: Just jack prices and blame it on inflation.
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#5 2021-04-27 15:06:53
square wrote:
And as usual, the gamblers are fucking up things for everyone else.
Losses from Archegos Capital's collapse top $10 billion.
$5.5b Credit Suisse
$2.9b Nomura bank
$911m Morgan Stanley
$774m UBS
$300m Mitsubishi UFJ Securities
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#6 2021-04-27 16:35:51
Wait, am I supposed to be sad? 'Cuz I don't think I am.
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#7 2021-04-27 16:42:03
The "losses" are just as imaginary as the gains. Who has "gained" 10B?
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#8 2021-04-27 23:28:45
GooberMcNutly wrote:
The "losses" are just as imaginary as the gains. Who has "gained" 10B?
"You don't lose anything if you never sell."
--Warren Buffett
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