"Hey market what are you up to?"
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"Hey market what are you up to?"
"I have this nice AAA bond very safe can't go wrong."
"Wow THREE As?"
"Yes."
"So uh... what's in it?"
"Well... you know. Bundles."
"Bundles of what?"
"Bundles of bundles."
"Ok what is in those bundles?"
"Loans."
"That's nice. What kind of loans?"
"..."
"Well?"
"I'm lending cash to teenagers over the internet to buy NFTs... LISTEN I know it sounds risky... but ALL the loans can't fail!" -
"Hey market what are you up to?"
"I have this nice AAA bond very safe can't go wrong."
"Wow THREE As?"
"Yes."
"So uh... what's in it?"
"Well... you know. Bundles."
"Bundles of what?"
"Bundles of bundles."
"Ok what is in those bundles?"
"Loans."
"That's nice. What kind of loans?"
"..."
"Well?"
"I'm lending cash to teenagers over the internet to buy NFTs... LISTEN I know it sounds risky... but ALL the loans can't fail!"@futurebird klarna is such a dark sign... People are taking out loans for food... DEBT FOR FOOD!
That said, commodities are looking GREAT
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@futurebird klarna is such a dark sign... People are taking out loans for food... DEBT FOR FOOD!
That said, commodities are looking GREAT
I have an idea for a hip hop song. It'd go a little like
"here comes the pump n dump
here comes the pump n dump
looks like a pump truck
sike it's the dump truck"Don't worry I will keep my day job.
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F myrmepropagandist shared this topic
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I have an idea for a hip hop song. It'd go a little like
"here comes the pump n dump
here comes the pump n dump
looks like a pump truck
sike it's the dump truck"Don't worry I will keep my day job.
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@futurebird @cykonot this is to the tune of Pumps and a Bump by MC Hammer?
I was thinking something more like the
1800 VICTIM 2 song:
(This ad is very funny but it was also very effective in NYC ... we really are like this I guess)
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I was thinking something more like the
1800 VICTIM 2 song:
(This ad is very funny but it was also very effective in NYC ... we really are like this I guess)
@futurebird @eeentropyyy @cykonot I love how their shirts say VictimA, clearly this was the second go at it
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@futurebird @eeentropyyy @cykonot I love how their shirts say VictimA, clearly this was the second go at it
@neckspike @eeentropyyy @cykonot
OMG I didn't catch that!
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"Hey market what are you up to?"
"I have this nice AAA bond very safe can't go wrong."
"Wow THREE As?"
"Yes."
"So uh... what's in it?"
"Well... you know. Bundles."
"Bundles of what?"
"Bundles of bundles."
"Ok what is in those bundles?"
"Loans."
"That's nice. What kind of loans?"
"..."
"Well?"
"I'm lending cash to teenagers over the internet to buy NFTs... LISTEN I know it sounds risky... but ALL the loans can't fail!"@futurebird Isn't that what basically happened during the 2008 financial crisis? Millions of bad sub-prime mortgage loans re-packaged as collateralized debt obligations for basically the sole purpose of bumping up the debt by one or more letter grades?
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@futurebird Isn't that what basically happened during the 2008 financial crisis? Millions of bad sub-prime mortgage loans re-packaged as collateralized debt obligations for basically the sole purpose of bumping up the debt by one or more letter grades?
@Intaglio_Dragon
yes. and they are doing it again -
"Hey market what are you up to?"
"I have this nice AAA bond very safe can't go wrong."
"Wow THREE As?"
"Yes."
"So uh... what's in it?"
"Well... you know. Bundles."
"Bundles of what?"
"Bundles of bundles."
"Ok what is in those bundles?"
"Loans."
"That's nice. What kind of loans?"
"..."
"Well?"
"I'm lending cash to teenagers over the internet to buy NFTs... LISTEN I know it sounds risky... but ALL the loans can't fail!"@futurebird Oh, have we reverted to 2008 and the system of bundling and rebundling and securitizing bundles of bad loans that brought down so many firms and banks and cost many people their homes?
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@futurebird Oh, have we reverted to 2008 and the system of bundling and rebundling and securitizing bundles of bad loans that brought down so many firms and banks and cost many people their homes?
YES
