real socialist n communist ops "community of #bankers" who BAILED OUT wall st using main st TARP public funds - never forget that. #historystr 


maga meltsdown #news str #nyc #history in the making
Gen Z revolution happening


Ride the cycle 
join the pantacast soon
join the pantacast soon

case Adolf Merckle is not an isolated one just famous that is exists in press records. even bitcoin n gold can thrown under the bus shortly when it hits the wire - fiat notes dry gunpowder (not sure about e-cash / platforms since those never existed back then can easily have policy based limits imposed ) - read learn prepare
nothing goes to moon in crisis like that - purpose p2p bitcoin/crypto was designed to be outside the system as backup during such times - yes tiny zaps may work - 98% btc is just hoarded on mainnet - 0.1% worldwide biz use them even if legally available to them in certain jurisdictions. biz paying suppliers n salaries n opex which runs on majority line of credit basis tend to dry up. we will how it play out this time beos BTC 100K or gold 5K is not gonna solve the issue even if firesale of such assets happens to meet margin calls in other accounts.
just sharing - nothing is advice or lecture - dig do ur own research - cheers !!! π»
The 2008 economic crisis has had a far reaching impact on countries around the world. Turmoil in the banking sector led to downturns in stock markets, bankruptcies, housing repossessions, and rises in unemployment. The International Labour Organization estimated that the number of jobless worldwide reached about 212 million in 2009 There is widespread concern that suicide rates might increase in countries affected by the global economic crisis,2 in view of evidence that economic downturns, and associated rises in unemployment, are followed by increases in suicide.3 4 5 6 7 8 9 10 For example, it is estimated that the 1997 economic crisis in Japan, South Korea, and Hong Kong resulted in over 10β000 excess suicides.8 Previous research has found that economic downturns tend to have the greatest effects on men of working age Results There were an estimated 4884 (95% confidence interval 3907 to 5860) excess suicides in 2009 compared with the number expected based on previous trends (2000-07).
A dramatic spike in suicides between 2008 and 2010 can be linked with the economic crisis, according to a study published today in the British Journal of Psychiatry.
Adolf Merckle, the 74-year-old Swabian billionaire, walked out into the bitter cold Monday night and threw himself under a speeding train.
Though he led a quiet life, mountain-climbing being among his few personal passions, Merckle was thrust into the headlines in November as it emerged that he lost several hundred million euros when he got caught on the losing end of a short sale of Volkswagen shares. It is believed that he lost as much as β¬500 million. His trouble was made worse by the spreading financial crunch, which hit his corporate empire hard.
Merckleβs investment company, VEM, owes banks β¬5 billion. For the past two months, Merckle had been entrenched in negotiations with some 40 banks, including Commerzbank AG, Deutsche Bank AG, Royal Bank of Scotland Group PLC and public bank Landesbank Baden-WΓΌerttemberg, to get a bridge loan to keep VEM afloat.
He played a high-stakes game, at one point threatening the banks that he would file for bankruptcy, which would have left creditors empty-handed. #tarp #bailout there was even comedy show - where kidnapping cartel were asking -80% discount ransom amount they also knew biz were dry on cash.
top 5 are pretty large economies too. CPI (not include btc or gold neither can consumed by humans)
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only for those not seen or notice before