The Titanic thread
- testerone
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Re: The Titanic thread
Donnie DiaperSniper started a war and it didn't help distract the obvious comes out.
Push the button FatAss, it's the last move you got.
Push the button FatAss, it's the last move you got.
- Dr Strangelove
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Re: The Titanic thread
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
BlackRock just told investors they can’t have their money back.
They got hit with $1.2B withdrawal requests this quarter, BlackRock only paid half and locked the rest.
Blackstone had the same problem, injected $400m of its own money just to cover redemptions. Blue Owl stopped paying altogether and sent IOUs instead.
BLK fell 4% at open.
The reason this keeps happening is that these funds hold illiquid loans, the cash isn’t there. BlackRock also just wrote a $25m loan to zero, it was valued at par 3 months ago.
Bill Eigen at JPMorgan said “bad news often happens all at once” in private credit. This is a $1.8 trillion industry and right now the 3 biggest names are struggling to give investors their money back.
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
Gold is being sold in Dubai at major discounts due to export problems
The closure of airspace and high delivery and insurance costs have forced many buyers to cancel new orders.
Traders are offering discounts of up to $30 per ounce compared with global prices in London.
Many shipments are stuck, and only part of the gold bars have recently been exported.
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
TRUMP VASTLY MISCALCULATED
- Iran knows that if they shut off oil in the Gulf, they destroy our economy. They can keep doing this with little effort using drones.
- China 'may be preparing to provide Iran with financial assistance, spare parts and missile components', according to a CNN report.
- Russia is sharing Intelligence with Iran on where our equipment and radar are, while Trump gives them sanction relief with India. Russia now has even more incentive to help our enemies.
- US Patriot missile stockpiles running low.
- US voters are against this war.
- Stocks plunging, oil skyrocketting, and jobs being destroyed. The FED can't lower rates to boost jobs because oil prices are increasing inflation.
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 15446
- Joined: Wed May 08, 2024 4:50 pm
Re: The Titanic thread
Dear
@PressSec
: You need to apologize for your ludicrous statement. Why won’t you condemn Russia for helping Iran?
Did the Russian intelligence info help Iran:
-Kill 6 U.S. soldiers?
-Hit 11 U.S. bases?
-Hit U.S. embassies and consulates?
-Hit U.S. allies?
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance