Trader Ferg

Trader Ferg

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Trader Ferg
Trader Ferg
Too Big to Fail/F#%k it up

Too Big to Fail/F#%k it up

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Ferg
Jul 25, 2023
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Trader Ferg
Trader Ferg
Too Big to Fail/F#%k it up
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People rightly get worked up about bank bailouts, as few things are more egregious than privatising profits and socialising losses. Yet what you or I think is ultimately of no consequence as policymakers will do it over and over in the name of "stability" or some other bullshit, as we saw with Silicon Valley bank.

My take, which is now somewhat of a motto, is that I'm under no illusions I can change anything, so I might as well profit off it.

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