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Exactly. I've seen reports of owners rewriting leases to roll back rent into future rent. This allows them to claim their tenants on a property are current. Think of 2008. How long did they pretended everything was fine? Remember how even the ratings agencies were compromised and in the end...

IMO it's a waste of time to try and figure out which opinion will drive short term price. You're better off trying to figure out "will company X be successful". At least in that scenario you're dealing with objective reality instead of trying to guess what's in someone else's head. "In the...

If you don't like having you facts checked, stop lying. You said "There, you will find that 2/3 of vehicles are EVs, " It's not that number. Not even close. You made a statement of fact that was way the hell off from reality. You're just making things up. Be a man and admit it instead of...

I'd love to see a source for this ridiculous piece of confirmation bias. #17 on the list of "Top 101 counties with the highest carbon monoxide air pollution readings in 2012 (ppm)" Read more: https://www.city-data.com/county/Marin_County-CA.html #44 on the list of "Top 101 counties with the...

Don't forget the CFDs and derivatives we have now. DB alone has something like a 42 TRILLION dollar derivatives book. Think what chaos it work case if DB (currently trading at a P/B ratio of 0.41) were to fail. One of my fears is a cascading wave of failures of major Euro banks, which are...

Except that you can no more expect every single car owner to go get an engineering degree and fully reverse engineer each product that they bought. If would be like expecting every purchaser of medicine to start up their own lab to test what they bought. If something is being advertised and...

None. Leverage=risk. If it was safe, would they be loaning you the money? Wouldn't they just invest it themselves at the same leverage?

Mann's hockey stick is obviously wrong. I'm not going to wait for the climate change grifter crowd to admit they were wrong and issue some tearful apology. They will never admit they were wrong. They want continued funding. Ooh argument from authority! Good way to mix it up from the ad...

I don't think NY understands how badly they've shot themselves in the foot. You take a city where 1/3 of their GDP is financial services and elect a socialist. Then you stop enforcing the law, fly in a bunch of illegals and start having political persecutions. The financial services industry...

The models have been tested over time and were proven to be BS. Go back and look at Mann's hockey stick. Hell, Nye's "experiment" in An Inconvenient Truth was proven to have had its results faked in post production. Instead of admitting any flaws in their thinking, they simply invent more...

Typical climate crazy behavior. The can't argue science so the go right to ad hominems. That an the spurious correlations without and actual real theory to back it up. It's simple fact. If you can state under what conditions your theory would be disproven, it not science. It's like the...

Even if you took climate crazies at their word about what will happen... Increased temperaturea and increased CO2 means increased plant growth AKA crop yields. There is a reason people build greenhouses and pump CO2 into them. But of course this has nothing to do with science. Science means...

I expect the there are bankers furiously working on products where they can pawn off their non-performing loans. Re-write leases to cancel or roll forward outstanding past due payments. Transfer them to a new fund and start selling the AAA awesome AI RE fund. I expect the regulators will let...

You need to sit down a look at the basic stats for these companies and do some basic math. Ask yourself: What would it cost to buy or sell 2x the average daily volume of stock X? What would it cost to buy a 5% ownership stake in the company? If you can't do that, I suggest you discontinue...

This is the typical antisocial gibberish I expect. Basically you're saying "laws are only for other people". Just think... If a bank was totally bankrupt and had no fdic insurance, it could have the same backing as Bitcoin. Guaranteed redeemibility for nothing by no one.

As yes the excellent "everyone who doesn't buy crypto is an idiot an leaves all their assets as cash sitting in the bank earning practically no interest" argument. It's a ridiculous argument, but especially so when you factor in that it's being made on a trading forum. If only there were...

This is exactly the kind of response I expected from the crypto crowd. A sort of reflexive and poorly thought out nonsense. These are the people who think they've figured out the future of money and they you going to buy their tulips. Unlike crypto, there is no massive, publicly available...

Obvious and completely predictable consequence I've pointed out before. Normal people do not want to be able to make instantaneous, irrevocable transfers of unlimited amounts of money to literally anybody because it makes them super vulnerable to criminals. There's a reason people keep their...

The meltdown continues https://www.zerohedge.com/markets/japan-fires-its-top-currency-diplomat-yen-disintegrates-another-intervention-looms

You never answered my question. If being a CEO is so damn easy, why aren't you one? Surely you can whip up some offering docs in a few minutes and have investors throwing cash at you in no time! Would I take a job with minimal responsibility, no overtime, no legal responsibility and no...