Everthing you wanted to know about the FTX/SBF/Alameda crypto crash

[Grub Master]

I have several units of Georgia air for sale. Limited quantities so you better act fast! These units of air will be vacuum sealed in clear containers for easy identification and Inspection. All limited release bags will come with a certificate of authenticity. (Cash only please)

Wish you were closer

 

[GodBlessTheUSA]

As usual, Ben Hunt called it way ahead. From 2018:

"And that brings me to what is personally the most frustrating aspect of all this. The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. And not just empowering the State, but empowering the State in a specific way, where it becomes harder and harder to be a non-domesticated, clever coyote, even as the non-clever, criminal raccoons flourish."

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Too Clever By Half

The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by

www.epsilontheory.com

That has to be one of the best financial warning articles I've read.

Let's not forget the GameStop / RobbinHood fiasco of last year. Rules for thee (the "masses"), but not for me (the insiders/institutions).

It's as easy, if not easier, to lose money as it is to make it.

 

[Glock 21]

Wish you were closer

I’m sure he will gladly air mail it to you

 

[Kyzrsoze]

Breaking today

 

[GFB]

Allegedly Michael Lewis had been traveling around with this guy for the past 6 months working on a book. That’s going to be a big seller when it comes out.