https://preview.redd.it/gj4idijq8mq91.jpg?auto=webp&s=a927bd75d024356dea6ef1325ff508dd62e706f2
Ahh yes, our beloved financial system
View Reddit by FeelTheFish – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
There’s a 100% chance that I will not pay it back, so if the Chinese investor leveraging my debt is reading this. I have bad news for you
Borrow more money and bet on yourself that you wouldn’t pay it back. Profit!!
LMAO, that’s what I do with my loans too. Turns out I’m a proud American to the core
Excellent news, sir. We’ve determined the investment value of your Margaritaville to be… ninety trillion dollars.
I need Selena Gomez to explain it to me.
“So anyways, we’re going to need you to create another login for their portal so you can post payments.”
I still owe 5 dollars, I don’t really care if someone wants to bet on whether or not I pay it back.
Wouldn’t want it any other way 
Blink twice if you’re in danger
Aaaand it’s gone!
When I was just a wee lad, round abouts 16/17 me thinks.
I went out and got myself a shiny yellow YZ400.
(That’s a 2 stroke dirt bike kids with a 490cc engine)
Fill out all my paperwork pay 35% down and take her on home.
Get some mail oooo, about 7 weeks later with my (yes this is how it was done) payment coupon booklet addressed to HSBC.
My buddies dad tells me, I’m sending my money to the damn red Chinese! So I break out the old EB AND WHO’D OF THUNK.
HSBC Stands for HONG KONG SHANGHAI BANK CORPORATION.
I wrote on the coupon book. “You commies can’t have my money”
All these years later, it hasn’t effected me one iota
Inverted house of cards is what this whole situation is
War! Huh! What is it good for?!
Wiping out overseas debt portfolios!
Since when has WSB become hippie-central? We are literally gambling FDs on whether companies will succeed or not. Who cares who buys your debt, and exotic derivatives are not even close to the same size as back in ’08.
Debt makes the world go round. Economies are all about the velocity of money. Debt allows the same dollar to be spent multiple times and increases the velocity.
We made money out of thin air I can imagine a world where I don’t owe anything. One weird trick
It goes deeper than that
Usury destroyed western civilization
Is this…not what we do here?
Someone hit me up if you’re willing to lend me $1m, you can then profit by sidebetting with others if I will repay the debt.
If you think this isn’t contrived enough just find a friend to open a sidebet pool and have some sucker to bet on the result, now you can bet on whether the sucker wins or not, either way I get the measly $1m and you can easily 10x if you extend the gamble chain long enough
Where can I learn more on this?
Why is anyone surprised at this? Or why is being presented as something bad? Somebody needs to borrow money. Somebody lends the money. Since there is a chance it won’t be paid back there’s an expected value that will be paid back. The calculation of that expected value is dependent on future events and subjective evaluation of available data. Thus some people will believe it is worth more or less. This inevitably leads to people regretting lending the money and some people believing they should have been the ones to lend the money and willing to buy what the other no longer wants.
It doesn’t change the circumstances for the borrower. The second panel is pure horseshit.
Vote no and commit tax fraud. You’ll make your money back either way
I’m not.
Spoiler
squid games meets stake . com
That’s not how it works. That’s not at all how any of this works.
Waltuh, you’re going into debt Waltuh
that’s not blood leaking outta your ass from Blackrock fucking you for the past 30 years straight, that’s prime brokers “providing liquidity”
So can I gamble on myself? Surely I won’t fuck that up.
*Gambling millions on betting that the guy who bet against the guy who bet against the guy who bet……against the guy
Why not get a loan and bet against yourself not paying back the dept. Infinite money
Can I bet on if I will pay it back too? Then I fail to pay it back making millions and a year later pay what I owe and make other people millions. We all win if you let me gamble too.
*billions
Perfect.
Would a 9 mo, 4% brokered CD (JP MORGAN) have any risk? At Etrade.
I love derivatives
Actually Debt = Money (and Money = Debt) in a “Fractional Reserve” system: https://www.youtube.com/watch?v=4AC6RSau7r8
If you’re a corporation with considerable default risk affecting the value of your bonds, you can buy back your own debt for less than you borrowed. That’s what Citrix is doing https://www.bloomberg.com/opinion/articles/2022-09-22/buyout-loans-have-a-bad-week
Thats dark meme.
Bonus, they are double insuring the outcome.
What if I join the gamble too?
Wait how do I get in on this bet, cause we could totally play it in our favor lads.
Lmao! “What?”
Classic.