Viewing profile — moose_is_loose

People are afraid for their economic security

I'll put my cards on the table, I think this is going to hurt anyone who gets caught up in it. Once the wave from the coming credit shock hits the economy, people will be forced to…

Are they justified, or alarmist and profiteering?

This is really brilliantly done. Like if I could rant at Jerome Powell but in documentary form.

Look into HSBC and Ping An

https://www.bloomberg.com/news/articles/2023-03-05/china-emp... https://www.atlanticcouncil.org/blogs/energysource/beauty-an...

Possible that they've come to some sort of arrangement. Sometimes the left hand hand isn't aware of what the right hand is doing (regulators on either side of the Atlantic are unaw…

I doubt they'll be allowed to complete it due the tech restrictions and it's partial Chinese ownership (Ping An).

https://twitter.com/petercontibrown/status/16350760923390525...

[flagged]

https://twitter.com/petercontibrown/status/16350760923390525...

It would be a mistake to for them to underestimate how much anger there is going to be over this. Particularly given the whole socialism for me but not for thee feel the whole epis…

https://twitter.com/PeterContiBrown/status/16350630127753256...

https://twitter.com/PeterContiBrown/status/16350630127753256... Edit: Even better: https://twitter.com/petercontibrown/status/16350760923390525...

It doesn't matter what the Fed and VC's tell each other, everyone is going to see this as them getting bailed out by the Federal Government.

Don't forget the benefits they got from white glove treatment and easy access to loans. This wasn't a one way street, there was a reason they deposited the money there.

They benefited with White Glove treatment and easy access to loans. They weren't depositing it there out of the goodness of their hearts. That's why SVB was hunting for yield.

Yeah, it tastes a bit different after 2008. There's only so far you can push people before it snaps back.

Can't wait to start seeing their tweets railing about how unfair student debt relief is.

Yeah, shit is gonna hit the fan over this in terms of domestic turmoil. All those people who took PPP loans and Silicon Valley VCs getting bailed out who railed against student deb…