[Copypasta] it's okay take monday off

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.

February 2021

WallStreetBets

Kreygasm

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ascii art

November 2014

The tragedy of Darth Pepega

twitchquotes: Did you ever hear the tragedy of Darth Pepega

the Retarded? I thought not. It's not a story the High Elo players would tell you. It's a Silver legend. Darth Pepega

was a Dark Lord of the Silver, so boosted and so retarded he could use his Flame to influence the outcome of the game... He had such a knowledge of the flame, he could even keep the ones who tried to carry him from winning. The dark side of the Mental is a pathway to many abilities some consider to be unnatural. He became so powerful... the only thing he was afraid of was losing his power, which eventually, of course, he did. Unfortunately, he taught a rioter everything he knew, then the rioter banned him in his sleep. Ironic. He could grant the enemy team LP, but not himself.

twitch chat

August 2019

Tragedy of Darth Plagueis The Wise

League of Legends

do u think that yoshi gets embarrassed (Shakespearean English)

Dost thou ponder if yoshi's constitution becomes discombobulated whence eggs are excreted afore Mario's gaze? My sincere apologies if thy bristles were tussled, however I believe this to be quite amusing. And, I am curious to perview a charcoal etching of this event, if only for a rousing chuckle. I'm also perplexed whence trying to place what eldritch odor would arise. This is only for a gaff, a ruse, merriment per se, I would like to smell them.

April 2021

lol not actually laughing

twitchquotes: Hi tyler1, i was just wondering as to why you type "lol" in the chat but on camera you are not actually laughing?

twitch chat

March 2019

Tyler1

[Copypasta] it's okay take monday off

I am going to short the whole country of South Africa

WallStreetBets

Kreygasm

The tragedy of Darth Pepega

Tragedy of Darth Plagueis The Wise

League of Legends

do u think that yoshi gets embarrassed (Shakespearean English)

lol not actually laughing

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