“Let me get this straight, you can buy a burrito on an interest-free instalment plan?”
“That’s right, and we’re not even based in the Chipotle store.”
“So, you finance this by packaging the burrito instalment loans into Burrito CDO A, which has part of Burrito CDO B and both get put into Burrito CDO C?”
“Yeah. The original loans are backed by burritos. Chicke. Pork. Carne Asada. Whatever. But Burrito CDO C is a synthetic Burrito CDO. A CDO of Burrito CDOs.”
“Ok, let’s say we have an underlying pool of $10,000 in burritos. How much money could be out there betting on instalment loans and your synthetic burrito CDOs?”
“Probably $100,000,000.”
“C’mon! How much bigger is the market for burrito instalment loans than actual edible real-life cheesy burritos?”
“At least 100x.”
“That is fucking crazy.”
“No, it’s awesome.”
This is a pretty useful summary of the modern right. A guy named “CrusaderPepe” getting mad at a fake quote tagged with a screenshot from an interview he didn’t watch inserted into a graph he’s too stupid to understand.
It's crazy how even in modern day you can find people who wholeheartedly would've supported the Holocaust back in the 40s, genuinely evil people like this would argue that you can't hide Jews because it's a crime
It’s the year 2025 and the family of a female helicopter pilot is afraid to share their deceased hero daughter’s name with the public for fear that our current “commander in chief” will target her as the “one to blame” for the crash.
Because she is a woman.
What the actual fuck.
So a white guy flying a plane crashed into a white guy flying a helicopter because a bunch of white guys decided to gut air safety and none of them could communicate with each other.
But it's Black peoples fault?
Claiming that Black people are unqualified to perform the same jobs as White people is racist. There is no wiggle room on this point. Your presumption makes you a racist.
Really is a tough call.
On one hand - every Nobel prize winning economist is adamantly stating that Harris has a significantly better economic plan
But on the other hand - the dumbest people I’ve ever interacted with say Trump is a good businessman
Quite the dilemma