No, I don’t want 2002 Maryland basketball jerseys or “Why Not? Night” at Camden Yards. I want a good team now.

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Me venturing out to suggest that actually we’re not living in greater collective economic precarity than during the great financial crisis.

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the replies are beautiful. brains like egg

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I think this story is getting misinterpreted. The scale of CDS purchases here is still small. What this is much more likely about is reducing "net exposure" for regulatory/risk management purposes.

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Just been such a revolution in my worldview to realise that people like Musk actually believe this, this isn't just the nonsense they feed the rubes so they can do coldly rational mercantile calculations in smokey rooms among themselves. No. It's rubes all the way down, they're that stupid.

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