#ftx #billionaire #sambankman appears to be completely #destroyed by #binance 's #changpengzhao https://www.zerohedge.com/markets/sam-ba.. The #crypto world has begun eating itself, and I suspect this only gets worse.
Interesting, it appears that the #lme #london #stockexchange are #managing the #risk of a #chinese #billionaire in order to save his #money - breaking their own #rules for the #nickel #exposure https://www.zerohedge.com/markets/chines.. Small people get eaten up all of the time - that sounds like #xiangguangda 's #problem . You #gamble , sometimes you #lose . #sorrynotsorry .
Looks like #china 's #ccp will be #forcing #evergrande 's #billionaire #founder to help #bailout his own #company https://www.zerohedge.com/markets/beijin.. Apparently this is more about the #chinese #government sending a message to other people, and a #message that they will not be #bailing out other #property #market #companies ...
Here is a sign that the #us and #west is in #decline https://www.fastcompany.com/90665399/mil.. Apparently an " #emergency #billionaire #tax " is being considered, because the #government are supposed to know how to spend their #money better than they do. Their only crime is earning money legally. It's not their fault that the #us government completely fucked up the #covid #pandemic response.