I can live with this analogy
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"When Banks Fail, It Is Seldom Bankers Who Starve."
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I don't think it's about anyone benefitting, I think it's just about ruining some hedge fund ghouls lives
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Yeah remember inside man?: your feelings on the robbery may be different if the only thing being stolen is the illicitly-acquired contents of a kleptocrat’s safe deposit box
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Not a terrible point. But the hedge fund got burned because they overextended. It probably *is* long-term generally beneficial to remind fund managers not to get too far out over their skis.
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Frankly I am cool with this as long as it does not become a thing the way Donald Trump did. Gamergate's chan origins has given me internet based social movement PTSD.
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Also as long as the people doing this understand that the insane bubble DOES need to eventually pop and have an exit strategy that does not Enron the target company nor bankrupt themselves, Tulip mania style.
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The difference there is that for the normal people banking there their money is insured by the federal government, they actually lose nothing. The bank however, is FUCKED.
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