The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
www.youtube.com/watch?v=FH7D...
www.youtube.com/watch?v=FH7D...
Every. Single. One.
Every. Single. One.
Remember: These are not MAGA stormtroopers. These are everyday teachers and accountants who signed up to serve their country with their spare time. They're being used as political pawns by venal, un-American, draft-dodging president
Bingo... #MedSky + #IDSky
www.medscape.com/s/viewarticl...
2/🧵
that way, we all benefit from the extant models AND we destroy the companies that creating them AND we redistribute VC wealth to copyright holders. win-win-win (except for artists)
that way, we all benefit from the extant models AND we destroy the companies that creating them AND we redistribute VC wealth to copyright holders. win-win-win (except for artists)