Thursday, November 23, 2023

Hedge Fund short sellers sustained losses of approximately $43 billion


 😂😂😂




What Art Degree Monetarist wouldn’t be short into this:



You’d have to be…


15 comments:

Peter Pan said...

Lesson learned?

Footsoldier said...

An ideologue and an idiot meet in the pub

https://www.theguardian.com/lifeandstyle/2023/nov/23/dining-across-the-divide-sean-paul

You wonder why humanity is in the state it is in.

Matt Franko said...

“Lesson learned?”

Point out to me where that is in the Socrates playbook?

Matt Franko said...

Here..

If: wrong
Then: make adjustment

Point out to me where Socrates says to do this..

Peter Pan said...

Socrates never lost 43 billion...

Peter Pan said...

You wonder why humanity is in the state it is in.

At least they're able to sit down and have a chat.

NeilW said...

"An ideologue and an idiot meet in the pub"

The question is, how do we get through to them that they are both wrong?

Peter Pan said...

The question is, how do we get through to them that they are both wrong?

1. Tell them they are wrong. Tell them to do their homework.
2. You can provide them with homework, but you can't do it for them.
3. Move on to the next delinquent.

mike norman said...

Couldn't have happened to a nicer bunch.

Konrad said...

COMIC RELIEF

Many people cope with real crises by worrying about fake crises like “climate change” or the “national debt crisis.”

For example, the Zero Hedge blog claims that the sky is falling…

“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes. If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…”

https://www.zerohedge.com/geopolitical/quinn-crash-will-be-spectacular

Ignorant clowns have been claiming that the national debt is a “ticking bomb” since the USA was founded. It means that the world will end tomorrow -- just like with “climate change.”

Federal tax revenue does not pay for any aspect of Federal Reserve spending or US government spending. It is effectively destroyed upon receipt. The "national debt" is simply money that various parties have deposited into Fed savings accounts. The U.S. government wants the "national debt" to go much higher, since it means that US dollars remain sufficiently popular and in-demand that people continue to deposit them into Fed savings accounts. This is one reason why the Fed is keeping interest rates so high. It props up the yield on Treasury securities, making them attractive, and thereby sustaining demand for dollars in a de-dollarizing world.

If you try to explain to these clowns why the U.S. national debt can never be a crisis, they become angry. They prefer to cling to their imaginary “crisis” like a security blanket.

Peter Pan said...

Everyone knows the world cannot end until a fat lady sings.

Matt Franko said...

“The question is, how do we get through to them that they are both wrong?”

Incarcerate or make the ideologues drink hemlock and then properly educate the uneducated idiots …

Peter Pan said...

Lose 43 billion, lose your life in a televised hemlock party.

Matt Franko said...

“ If you try to explain to these clowns why the U.S. national debt can never be a crisis, they become angry. They prefer to cling to their imaginary “crisis” like a security blanket.”

It’s typical Art Degree vanity…

“vain we’re they made in their dialogues” Rom 1:21

These Platonist morons are made too vain to be able to make an adjustment…

Just look at the MMT Art degree people…. someone busts their ass earning Science degree in Finance and Accounting and they think those disciplines are “just adding and subtracting!”…

Meanwhile their Art Degree discipline is the one with the people going all around saying “we’re out of money! We’re out of money!”…

Infested with vanity…

Peter Pan said...

I have a vanity in the bathroom. What would I do without it?