I am healthy, I am wise, I am fortunate, I am happy.. GM!

GN

Oh.. the FED held an emergency undisclosed meeting with the bank about stress in the Repo market.. Also that they miscalculated the amount of funds held by fund at Cayman's and now is more than 1.8Trillion for the basis trade.. lol View quoted note →

A very interesting story that isn't talked about much but I firmly believe is relevant as the 2001 as the 2008 crisis.. IMO the big engineering financialization of the economy and what lead to the craks we are seeing now, with Trading Edge funds in Cayman Islands that are 200x levered and are the base of the US government finance..

If we would invest half of the energy and time we spend criticising, in building instead.. or just doing nothing.

#photography #nature #sea

GM

GN

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Suitcoiner in despair, Bitcoiner doesn't care..

GM

GN