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To: RinaseaofDs

This is old-fashioned “kiting”, “paper-hanging”, NSFing. I hate it but you’re right: bailout incoming.


6 posted on 01/30/2021 7:34:24 AM PST by Migraine ( Liberalism is great (until it happens to YOU).)
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To: Migraine
This is old-fashioned “kiting”,

Yep, it was once done with paper checks, when electronics caught up, they switched to credit cards, when the card catchers got smarter, they moved into phishing for individual accounts and now hedge funds are shorting more than the number of stocks than are in existence, while waiting for a gummint bailout {once they got nailed}.

The bail out will come, and it shouldn't surprise anyone...masks for thee but not for me.

The Citadel is so well connected that it is not possible they don't get saved by the gummint.

66 posted on 01/30/2021 10:46:30 AM PST by USS Alaska (NUKE ALL MOOSELIMB TERRORISTS, NOW.)
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