A hub for independent voices and hard truths
BitMine's $6.6B unrealized ETH loss is now ~66% of Archegos's $10B blowup in 2021. If they're forced to liquidate 4.2M ETH into a thin market, this doesn't stay "unrealized." It becomes one of the largest documented trading losses ever and …
Democracy is crumbling worldwide, with nearly 40% of the global population now under authoritarian rule. The West loves to preach democracy, yet even the U.S. is classified as “flawed.” The global elite tighten their grip while people lose more freedoms. …
by confoundedinterest17 Thank God President Auto Pen is out of office! Inflation? Lower real wage growth? Excessive personal loan growth?? All resulting in historic subprime auto loan delinquency rate of 6.6%. Auto Loan 60+ Day Delinquency Index
by confoundedinterest17 I call this the house latitudes. Horse latitudes is a belt of calm air and sea occurring in both the northern and southern hemispheres between the trade winds and the westerlies. And when the ships motion stalled, the crews would jetison their cargo …