(▀̿Ĺ̯├┬┴┬┴ Psst... kid, you wanna disable adblock?
More Copypastas
Time to get ready for big daddy HOE Biden
The results 📈are in and our gurl 💃🏻 sanders is out 🏳️🌈. Time to get ready for big daddy HOE Biden. He's cumming 💦💦 to DOMINATE🤼♂️ our HEAD of state 🍊 and his bitch💁🏻♀️ mike pence. He may be a donkey but he's big as a horse 🍆🐴 and is ready to touch 👋🤫😈 the hearts 💞of all Americans 🇺🇸. Cum erection day 🗳 y'all sluts better fill that hole 👉🏻👌 next to biden and relase✊ America's aching 🤤throbbing 😮 desire for green 🤑🤑energy, a ban 🛑on those naughty big black guns💪🏾, and more money to pay💵💰💸 those slutty nurses 👩⚕️💁♀️ to make us all feel better 👄🥴. Cum 💦 hoevember help the needy 👅🧎🏻♂️ by supporting big daddy Biden 👨🏻🦳and naughty Nancy💁♀️👏 and give dirty Donald 🎩, bitch McConnell 🐢, and those filthy 😷😏 reSUBlicans🐘 blue balls🔵. Send to 🔟 of your most deviant 😈democrats. If you get 5️⃣back ur a Biden bitch 💅🏻💵. if u get 🔟 u will spend a hot 🔥 December⛄️night with those skanks at the ERECToral 😏🍆 college 🏛.)
The results 📈are in and our gurl 💃🏻 sanders is out 🏳️🌈. Time to get ready for big daddy HOE Biden. He's cumming 💦💦 to DOMINATE🤼♂️ our HEAD of state 🍊 and his bitch💁🏻♀️ mike pence. He may be a donkey but he's big as a horse 🍆🐴 and is ready to touch 👋🤫😈 the hearts 💞of all Americans 🇺🇸. Cum erection day 🗳 y'all sluts better fill that hole 👉🏻👌 next to biden and relase✊ America's aching 🤤throbbing 😮 desire for green 🤑🤑energy, a ban 🛑on those naughty big black guns💪🏾, and more money to pay💵💰💸 those slutty nurses 👩⚕️💁♀️ to make us all feel better 👄🥴. Cum 💦 hoevember help the needy 👅🧎🏻♂️ by supporting big daddy Biden 👨🏻🦳and naughty Nancy💁♀️👏 and give dirty Donald 🎩, bitch McConnell 🐢, and those filthy 😷😏 reSUBlicans🐘 blue balls🔵. Send to 🔟 of your most deviant 😈democrats. If you get 5️⃣back ur a Biden bitch 💅🏻💵. if u get 🔟 u will spend a hot 🔥 December⛄️night with those skanks at the ERECToral 😏🍆 college 🏛.)
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.
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.
Stop getting played like a fiddle, chat!
twitchquotes:Oh my god, why do you losers care so much about these streamers and emotes and bits and stuff? You act like streamers are close friends of yours or something, but they're just manipulating you to give them money and attention. Stop getting played like a fiddle, chat! Go out and live your own damn life instead of watching someone else play video games while copy and pasting pointless blocks of text!
Oh my god, why do you losers care so much about these streamers and emotes and bits and stuff? You act like streamers are close friends of yours or something, but they're just manipulating you to give them money and attention. Stop getting played like a fiddle, chat! Go out and live your own damn life instead of watching someone else play video games while copy and pasting pointless blocks of text!
twitchquotes:‘not an weeb thing’. try living a day in my shoes, walking around terrified of encountering normal people everywhere i go. wherever i look, people with tv show merch, people speaking english. it makes me and millions of other weebs out there feel really attacked.
‘not an weeb thing’. try living a day in my shoes, walking around terrified of encountering normal people everywhere i go. wherever i look, people with tv show merch, people speaking english. it makes me and millions of other weebs out there feel really attacked.