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by shorting he can make money and give it back?
by simianwords 6mo ago
by shorting he can make money and give it back?
- ceejayoz 6mo agoYeah, 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 6mo agoThat’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 6mo agoUnfortunately the market can stay irrational longer than you* can stay solvent. * For most definitions of "you"