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    #CNBC U.S. shouldn't bail out hedge funds, billionaires during coronavirus pandemic: Chamath Palihap

    The USPS has to deliver a letter from anywhere in the US or it's possessions to anywhere else in the US or it's possessions for a fixed price set by Congress. FedEx/DHL don't have this requirement. Comparing the two is idiotic really.
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    Trump's name will be added to stimulus checks

    Pretty sure this thread is in the politics forum?
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    Taleb’s “other” books

    Hadn't seen it, just looked it up. Classic Taleb!
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    Taleb’s “other” books

    I guess it's just tame by comparison to Skin in the Game!
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    Taleb’s “other” books

    They get worse and worse as you get to the more recently written ones. The guy is smart and has some good info, but he's an insufferable narcissist and at some point it just becomes painful to read his completely unnecessary multi-page diatribes on how everyone is so stupid and he's so smart. I...
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    KKR-Backed Power Company Files for Bankruptcy After Tapping Stimulus Funds

    Doh! I meant more than $100K! Thanks for pointing out my error.
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    Deflationary Risk - Anyone Spending?

    Tinfoil hat conspiracy theorists deserve to not be the miserable souls they are. I wish you luck joining the rest of us in the real world.
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    Deflationary Risk - Anyone Spending?

    If the core of this game is "masters and slaves" as you assert then the only rational way to "act accordingly" would be to throw your hands up and give up; your post is the very definition of nihilism. Since the rest of us are all about actually going over things with a rigorous framework, like...
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    Deflationary Risk - Anyone Spending?

    The subject at hand is if the current situation will create deflation. Your assertion is that it's all bullshit, we're all sheep, and therefore it's pointless to even think about it. Fine, that's a nice opinion. Now let those of us who are actually interested in the question discuss the...
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    Deflationary Risk - Anyone Spending?

    If you want to go the nihilist route feel free, but hard to understand why you'd waste your time discussing something like the subject at hand if that was your belief? Some of us are here to talk about economics and probabilities of how the current situation will work out with some kind of...
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    Medicine to stay awake and focused?

    I'll second that, combination of ginger and kale juice is a nice kick in the ass. But will also second that it's a PITA to make!
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    KKR-Backed Power Company Files for Bankruptcy After Tapping Stimulus Funds

    A view from the other side of this story https://www.wboy.com/news/health/coronavirus/longview-power-ceo-talks-about-what-chapter-11-bankruptcy-filing-means-for-the-company/
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    Medicine to stay awake and focused?

    Yeah, adderall is an amphetamine (2 actually) very similar to meth. At some point you gotta ask yourself why you're taking it (without a prescription) and what value that provides to your life at the end of the day. Balance that against the pretty unquestioned bad that comes with any drug...
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    New legislation introduced to send Americans $2k per month until unemployment at 3.5%

    You're suffering from some selective memory there methinks. What specific areas are you comparing?
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    Trump's name will be added to stimulus checks

    I'm guessing that he's arguing that Trump indeed does know how to spell cat, therefore to all those who still have a little difficulty with spelling cat he is an emperor god to be worshiped as the greatest leader the universe has ever known. In the land of the blind, the one-eyed man is king.
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    CHK bankruptcy arb?

    Not sure you can trust IB when it comes to where they sit in the debt precedence stack. That said, the '20 bond is only exposed to 4 months of BR risk and the '23 is exposed to nearly 3 years. Given that they're worth pennies on the dollar in BR as unsecured it seems about right that you'd see...
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    KKR-Backed Power Company Files for Bankruptcy After Tapping Stimulus Funds

    PPP doesn't apply to employees making less than $100K, so between the fact that there are very few people working at most hedge funds and vanishingly few making sub $100K, they're not making out like bandits from this program. Add the general PITA of applying, and the limitations on what the...
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    Trump's name will be added to stimulus checks

    I often felt like I must be missing some crucial bit of inside info on the whole Brexit idiocy watching from the U.S. I'm guessing its the same way for you watching Trump from there.
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    MILLIONS of small businesses at risk of closing for good!!

    This program is doing a remarkably good job of that considering it was thrown together literally in days. For example, my company doesn't need the program. It also happens that nearly all my employees make more than the PPP loan forgiveness limit, so there's little incentive for me to apply for...
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    MILLIONS of small businesses at risk of closing for good!!

    Actually, we do all benefit when small businesses profit enough to stay around. For your line of thinking to be correct you would have to believe that you and your business exist in some kind of vacuum with magical leprechauns as customers and suppliers and a workforce who just appear when...
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