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People Hate Inflation, but Unemployment Is Worse
The Compound and Friends
What's Worse?
Clemente: Whales have been harpooned. I mean, James Seifert tweeted, Eric Snyder, a bankruptcy lawyer for Wilk Oslander and who worked on the Madoff case just now on Bloomberg TV. Laura's a billion at $2,000 an hour. We're looking at a burn rate of $10 million per month. Also, since FTX customers are now looking at less than 10 cents on the dollar, this is a this is a great a disaster.
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