When I was 8 years old, I was searching for apps that were like Talking Tom. I found one that was called “Talking Roby The Robot”, I was curious so I downloaded it and installed it. I played it and I enjoyed every single second of it. I was a big fan of Roby. But when, it was 3 AM, my mom was sleeping so I now could use the phone without mom knowing, Tried the text to speech feature and typed the words “sing like dick”. The robot said “sing like dick”. I almost laughed too hard after seeing that. I recorded it and uploaded it to YouTube. after uploading it, I heard The Exorcist theme playing in the living room radio. I was shocked, I couldn’t move, and then Roby himself came out of my closet and said “sing like dick”. I was crying in fear, “is this a nightmare?” I asked. Roby said “no”. I was scared, this was real all along? And then Roby bled at me with hyper-realistic eyes and said: “666”. I was crying, and then he disappeared. My life has changed after that moment. Don’t install Talking Roby.
I used to be a real ad
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Well to be perfectly honest
twitchquotes:
Well to be perfectly honest, in my humble opinion, of course without offending anyone who thinks differently from my point of view, but also by looking into this matter in a different perspective and without being condemning of one's view's and by trying to make it objectified, and by considering each and every one's valid opinion, I honestly believe that I completely forgot what I was going to say
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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.
WallStreetBets
Don't get salt Reynad!
twitchquotes:
(◕‿◕✿) Don't get salty Reynad! Ur doing great! (◕‿◕✿)
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Reynad
salty
Elon Musk could've given $5 billion to everyone in the world
Musk poured $44 billion into Twitter. The global population is 8 billion people. He could have given $5 billion to each individual and still had money left over. Most people's lives would be changed if they received a $5 billion check. But he squandered it all on Twitter.
Millerino Druidino
twitchquotes:
Hello Mr. Kripparian, its Reynad's attourney here, i see you are using my client's new deck, the Millerino Druidino. We will send you the fees for using his new deck idea, please stay in touch with us or we will have to take the needed providences. Have a good climb, no pasterino please. Nice cat u have.
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Kripp