#1yrago #HSBC: "Who cares if Miami is underwater?" https://pluralistic.net/2022/05/24/moral-money/#nutjobs-warning-about-the-end-of-the-world

#1yrago #SPACs were hugely successful (for banks) https://pluralistic.net/2022/05/23/you-got-spacced/#the-house-always-wins

#1yrago #KimStanleyRobinson's "The High Sierra" https://pluralistic.net/2022/05/25/the-wild-places/#sierra-people

#1yrago Talking with Kim Stanley Robinson about "The High Sierra" https://pluralistic.net/2022/05/25/the-wild-places/#ksr

14/

Look like today's the day where I get to watch a stock (VORB) go to zero after Virgin Orbit's announcement that it's winding down.

#VirginOrbit #VORB #NewSpace #SPACs

Listening to the CleanTech Talk podcast about how #SPACs are funding #gigaBattery factories. It involved two guys talking about batteries, Norway, Finland, how the Europeans call Biden's IRA his climate legislation. I can't find a link.

#COVID19 #pandemic : For various reasons shortages of physical items emerged or intensified. Yet investors continued to pour capital into speculative assets such as young unprofitable companies (YUCs), #SPACs and #cryptocurrencies - chart @JPMorganAM

“Something people thought was going to be a fantastic vehicle for creating wealth is looking increasingly like a poisoned chalice.” #SPACs https://www.wsj.com/articles/spac-boom-ends-in-frenzy-of-liquidation-11671917668

> Is finance just another meme?

> Apes together strong!

https://www.theverge.com/22744728/money-fandom-cryptocurrency-retail-trades-stocks

#finance #meme #spacs #lol #stocks #stonks #wallstreet #inflation #1929 #moneysystem