When asked "which position would you be in a human centipede?" most would answer "first." I, however would answer third. Why you ask?
When asked "which position would you be in a human centipede?" most would answer "first." I, however, would answer third. Why you ask? When the first member of the centipede is fed, they will eventually defecate forcing the second member to ingest their feces. One could imagine that would be considered incredibly disgusting. As such, the second member would immediately vomit. After vomit travels into the first member's anus and up into their colon, they'll then pust another load into the second member's mouth even more disgusting than the last. The third member would never ingest the feces of the second member as they will always vomit what the first member expels back into them. The third member of the centipede gets to chill while the first and second trade a volley of shitty barf with each other forever.
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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.
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12-1 Cheerleaders
twitchquotes:
β(β βΏ β)β This is the 12-1 Cheerleaders, Go Kripp Go! β(β βΏ β)β
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Kripp
Hearthstone
Kripp this is Pornhub LLC
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Kripp
69 is so funny
twitchquotes:
69 is so funny. Whenever I hear it, I just burst out laughing. I run out into the living room and grab the Tv remote. I start flicking through the channels. βYou guys, itβs so funny, youβll laugh so hard!β I can barely get it out as Iβm laughing so hard, banging the table and snickering while I flick through the TV channels. I finally get to The CW, and the number 69 is on the bottom right-hand corner of the screen! My family and friends who were over all stand up in tremendous applause, and my wife and children come back from upstate to be with my comedic genius!
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When Kripp plays Reno warrior...
twitchquotes:
Captain's log, entry 69, stardate 420. It has been 9001 days since the SS Kripp first entered into this game of hearthstone, and still there appears to be no signs of release, no way out. I fear for the lives of myself and my crew, we may all pass of old age before we are freed from this particular game.
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Kripp