When the world is burning, folks traditionally turned the tv on to CNN, ABC, etc
Today, when bank runs happen, bitcoiners turn to Rabbit Hole Recap 😂
But for real, I did, and it was great. #[0]​ #[1]
Discussion
Yeah, although Marty didn’t seem to understand the treasury issue. Made it seem like there was an actual issue with the value of the treasury, while it was actually one of not hedging the interest rate, which almost all banks/corporate treasuries would do.
Easier to blame it on Dodd frank regulation, but that wasn’t the problem here