3 ms·

What good is that if the entire socioeconomic system collapses?

• simianwords 7mo ago
  by shorting he can make money and give it back?
  • ceejayoz 7mo ago
    Yeah, except the money you made is now worthless. https://en.wikipedia.org/wiki/Zimbabwean_one_hundred_trillion_dollar_note https://en.wikipedia.org/wiki/Zimbabwean_one_hundred_trillio...
    • simianwords 7mo ago
      That’s not what would happen if he shorts it. It would be like 2008 recession where people did make money. In fact shorting is the moral thing to do now because it nudges towards bankruptcy faster
      • reverius42 7mo ago
        Unfortunately the market can stay irrational longer than you* can stay solvent. * For most definitions of "you"