twitchquotes:
10 12 14 16 18 20 22 24 26 28 30 find out how old is your waifu โ 
twitch chat
What happened to this ad? :(
More Copypastas
I come to Twitch chat to discuss important geopolitical events like the Ukraine crisis
twitchquotes:
You guys are ruining my chat experience. I come to the Twitch chat to discuss important geopolitical events like the ukraine crisis and it's implications on the socioeconomics of Eastern Europe. Yet here you are ruining everything with your frankerzs and kappas.
twitch chat
Kripp
Imagine getting BOO'd by Aurateur
twitchquotes:
Imagine getting BOO'd by Aurateur. Literally instantly you get disintegrated. Before you can even react, every fiber of your being is atomized and lost to a mere button press. Every memorable moment of your life and all hope of a future is wasted in this brief moment a BALD Texan disliked your level. In a flash your existence is nothing but a poof. Thereafter, the BALD Texan continues on, swiftly forgetting of your existence, you having been nothing but an obstacle in his way.
twitch chat
Aurateur
In west Philadelphia born and raised
twitchquotes:
In west philadelphia born and raised in the twitch is where i spent most my days, Spamin copy pasta and acting like tool, just watching Kripp mess up like hes a fool. When a couple of Trumps who werent any good. Started copy pastin in my neighborhood. They got one little warning but that aint fair. They said show us some skill or im just gonna spam.
twitch chat
Kripp
Mods, I am truly humbled by the timeou
I am going to short the whole country of South Africa
I assure you, this ISN'T going to get political. Because by all accounts South Africa is screwed. My planned position is bottom paragraph.
Under the current ANC government there has been a general degeneration of all aspects of South Africa. Due to systemic nepotism, there are math teachers that don't know what square roots are, army officers that can't read, and cops that have never fired a gun. The practice of fictitious employees that take checks but don't work there is widespread enough that the government has drove itself into insolvency already. Estimates are that some 80% of government funds are misused in some way, ranging from government subsidies given to businesses owned by government officials to simply going missing from accounts. The ANC solved this, against advise of wiser people, with quantitative easing. Which is a fancy term for printing money, and since they could never possibly reverse that printer they're inflating the South African Rand which is why they've had two bouts of inflation near 9% twice in the past 20 years.
That is all besides how the largely defunct government doesn't prevent anything on the ground. Roaming bands of pirates (many affiliates of the Marxist Economic Freedom Fighter party) will poison guard dogs and torture and murder residents often for as little as car keys and groceries. Many communities are functionally independent and take the law in their own hands, and in many areas utilities are defunct (untreated sewage goes in the river, untreated tap water comes out and it smells as disgusting as it sounds). South Africans are more likely to have their asylum applications accepted than any other nation as there are so many tales of rape and murder and threats of ethnic cleansing. This equates to the most educated citizens leaving SA and most SA based businesses diversifying out of the country as literacy rates have been falling. These disillusioned departures are not new, as they include the most famous Afrikaner in history Elon Musk who is now a naturalized American.
Edit: The Economic Freedom Fighter's usual acronym isn't used because it's also the ticker for a penny stock.
I first thought about shorting South Africa over a year ago when I was researching the country (I'm a historian, I read much on the country for fun). I found the only index tracking SA (EZA) wasn't an accurate representation of SA economy and buying puts on it was useless. It tracked only the largest cap firms, which are the aforementioned companies diversifying out of SA (mostly to other parts of Africa). Which is why it's a volatile ETF that overall trades sideways. Buying puts on it wouldn't really capitalize on SA going full Rhodesia/Zimbabwe. Zimbabwe having experienced the general breakup of modern institutions and hyperinflation due to similar problems.
My new broker, IBKR, allows negative currency positions as long you post 10% as collateral. Now my native currency are US dollars, where inflation in 2020 was 1.4% while the South African Rand's inflation was 4.12% in 2020. That equals a 26.8% return on investment per year from that simple short position. But I'm expecting US Dollar inflation to stay between 1-2% a year while the Rand (ticker ZAR) stays north of 4% with inflation spikes inevitable over the next decade. This position also reduces my market beta, much needed for me as I've got hugely leveraged positions on American ETFs. This isn't a short term swing trade, I'm waiting for SA to implode.