• thatKamGuy@sh.itjust.works
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    11 hours ago

    Oh, but you can bet your bottom dollar there are still something like 20:1 ratio of dark-market bets synthetic collateral against these shares further underpinning valuations.

    Legitimately fear that this will make the ‘08 meltdown look quaint in comparison, as the fiscal stress will not be limited to shares but impact loads of financial instruments (home and car loans, retirement accounts etc.).