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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    What is your problem? No one ever said you couldn't short Tether directly, it's just not possible to do so with any assurance of your counterparty. It's possible for a counterparty to fail to deliver in a Tether transaction without driving someone in an adjacent space like a miner to zero. This...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    Seriously, what is your point and want are you trying to accomplish again? Do you even have any idea?
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    Interactive Brokers Implements Price Caps

    Do you have a backup broker you can do an opposite order in to flatten yourself out until The Algorithm deems you worthy to enter an order again? Maybe could also enter an opposite position with a correlated asset using IB if you don't have the cash in another broker? Good luck.
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    Sounds like it should be a Buffet quote though, doesn't it:D Thanks for keeping me honest, you're right.
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    I was referring to the corporate bond market, not treasuries. If this concept that the Fed is controlling all interest rates on company bonds and would buy them back at any time was true than they would all have an interest rate below 2% right now. That's not the case at all, corporate bonds...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    The market sets interest rates every day. There is actually this huge thing called the bond market, where companies sell bonds that they repay. Thousands of them, all bought and sold on a market where the market determines their interest rates. Most stable companies where the bond holder has a...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    He was responding to my post where I said "you can't really effectively short the thing because if it actually imploded your counterparty would probably implode too and you'd end up with little or nothing". What part of that don't you get? You can technically short anything if you can find some...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    Yeah, always have to remember another Buffet quotation that markets can remain irrational longer than you can remain solvent shorting them.
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    China declares all crypto transactions ILLEGAL

    Absolutely. I mean governments make child point illegal, that must mean it's valuable.....oh wait a minute, that line of logic is moronic isn't it?
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    True. It would be nice to short Tether itself since it could fail without causing a contagion that impacted the miners as much. But thanks for posting that list, definitely something to look into.
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    The bitch of it is you can't really effectively short the thing because if it actually imploded your counterparty would probably implode too and you'd end up with little or nothing.
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    6 reasons why Americans aren’t returning to work

    I think most people kind of ignore houses when they think of savings. If you own your home in full, as many especially older retired folks do, that's a form of savings that brings their monthly costs down to the point that living off SS isn't that far fetched. Average SS check is just under...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    That lending rate is effectively reflecting the risk of default. That's the kind of rates you see on junk bonds of companies that are pretty close to default or even technically in default.
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    As Warren Buffet said, "only when the tide goes out do you discover who's been swimming naked."
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    6 reasons why Americans aren’t returning to work

    Let's all be reasonable.;)
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    That's precisely the question they quite pointedly refuse to answer, or at least provide details on.
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    Every retail trader who withdraws money from their account to live will be caught up in this now?

    You are correct sir, obviously before even my time!
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    Every retail trader who withdraws money from their account to live will be caught up in this now?

    I really don't know why they decided to go with something as low as $600. Even with the best of AI software they would have a hard time not getting millions of false positive hits, making it worthless even for babysitter scofflaws. And unlike the SEC, the IRS isn't even close to the best AI...
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    Hindenburg Research Announces $1,000,000 Bounty For Details On Tether’s Backing

    Also interesting that they don't update the value of the collateral ever, they use the value at acquisition as its current value. So, for example if they were to have a bunch of property in China, which perhaps isn't worth nearly as much today as 2 years ago when it was deposited as collateral...
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    6 reasons why Americans aren’t returning to work

    The labor participation rate really isn't significantly lower than it has been historically, it was in the high 62% range for quite a while before Covid and now looks to be steadying out in the high 61% range. That's not that many people, roughly 2 million, that have taken themselves out of the...
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