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VEGAN COPY PASTA
twitchquotes:One day I was watching Kripp and I wanted to be cool like everyone in chat, so I made my own copy pastaroni. Here it is guys. I tried my hardest to be witty, clever, and funny. This what I like to call VEGAN COPY PASTA. Please copy and paste as much as you like, as it is not only entertaining but also healthy for you!
One day I was watching Kripp and I wanted to be cool like everyone in chat, so I made my own copy pastaroni. Here it is guys. I tried my hardest to be witty, clever, and funny. This what I like to call VEGAN COPY PASTA. Please copy and paste as much as you like, as it is not only entertaining but also healthy for you!
Please mod me I'm your mother
twitchquotes:Hey [insert streamer name] it's me. Your actual fucking MOTHER. I basically modded you throughout childhood so you might as well give me mod now. if you don't mod me you're basically calling yourself a failure as a human being. Make me proud of you.
Hey [insert streamer name] it's me. Your actual fucking MOTHER. I basically modded you throughout childhood so you might as well give me mod now. if you don't mod me you're basically calling yourself a failure as a human being. Make me proud of you.
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 the Rick and Morty copypastas
twitchquotes:Just shut the fuck up. This copypasta was never even funny to begin with. I've never even seen the show, and it was obviously a joke. What kind of idiot do you have to be to think that was ever said seriously? But it makes fun of something which is popular, and therefore popular to shit on among the contrarians on Reddit. Come on, really. I actually do have to wonder about the IQs of people who like that pretentious copypasta. You know, I sometimes can't help but superiorly smirk as I imagine their dumb faces struggling to understand words on a mere internet webpage. In fact, I sometimes find myself in paroxysms of ironic Schadenfreude as I envision the visages of the aforementioned Slow-in-the-minds waging war with the Cultural Artifact they proclaim to be analyzing, only to fall, slack-jawed, back into their insensate stupor, the proverbial Undiscovered Country, "from whose bourn no traveler returns" .
Just shut the fuck up. This copypasta was never even funny to begin with. I've never even seen the show, and it was obviously a joke. What kind of idiot do you have to be to think that was ever said seriously? But it makes fun of something which is popular, and therefore popular to shit on among the contrarians on Reddit. Come on, really. I actually do have to wonder about the IQs of people who like that pretentious copypasta. You know, I sometimes can't help but superiorly smirk as I imagine their dumb faces struggling to understand words on a mere internet webpage. In fact, I sometimes find myself in paroxysms of ironic Schadenfreude as I envision the visages of the aforementioned Slow-in-the-minds waging war with the Cultural Artifact they proclaim to be analyzing, only to fall, slack-jawed, back into their insensate stupor, the proverbial Undiscovered Country, "from whose bourn no traveler returns" .