Tuesday, March 1, 2016

"Investing" Paul Singer style

Paul Singer...scum

Here's how American hedge fund scum like Paul Singer, "invest."

Make bad bets where you've basically lost all your money then get the U.S. courts and your paid representatives in government to bail you out.

As for Argentina, WTF is wrong with you? You get out of a mess in such a costly, but completely avoidable fashion and then you turn right around and start creating a new mess for yourselves???

WTF???

ARGENTINA...STOP FUCKING BORROWING IN OTHER PEOPLE'S MONEY!!!

You're a major food producer.
You're an energy producer.
You used to be one of the world's great industrial powers.

STOP THE FUCKING INSANITY!!

(Will someone put me in charge? Please? I would have cut Singer's nuts off.)

2 comments:

Tom Hickey said...

Notice that the change in policy came with the neoliberalism regime in cahoots with the neoliberal world order.

Singer was betting this would happen because he was confident the US would have its thumb on the scale.

Michael Norman said...

Yes!