Chris

[Phantom Stays @PhantomStays]

My friend @wealthyexpat saved $17,600 on his 4-day Mexican excursion at the Ritz Carlton Reserve

Biggest hoax: "The only way to save on luxury travel is through points."

Let me take you through why that is BS 👇🏼

[Chris @chrismitchell26]

@_BitcoinMatrix Is there a recording of this space? Or will it stay up indefinitely on this account? Thanks!

[Chris @chrismitchell26]

@Micro2Macr0 Hey Jesse, any thoughts on this re: MSTU?

[Will Hershey @maybebullish]

Regardless the real story not being discussed IMO is how the funds are using options for a majority of exposure at this point. That’s going to make it awfully difficult to meet their investment objectives. They also are long very deep ITM strikes that will make quarter end RIC compliance tricky if not impossible. Interested to see what they do on 12/31…

[Chris @chrismitchell26]

@iononrecourse @moseskagan Ah hadn’t considered Hawaii, but makes sense. Any particular developments come to mind?

[Chris @chrismitchell26]

@iononrecourse @moseskagan Couldn’t this same logic apply to cities with strong tourism numbers, too?

[Chris @chrismitchell26]

@KrisPatel99 Isn't it odd that the strike price is $200 when the current price is $309?

[Chris @chrismitchell26]

@Support - this account has been hacked

[Chris @chrismitchell26]

@Micro2Macr0 what are your thoughts on shorting VW?

https://t.co/EnBegFrgi0

ps - thanks for all you share

[Alex @alex_avoigt]

VW Group has Debts of 400 Billion Euros ($428bn)

If you look at Volkswagen's half-year report, you will find that total assets as of June 30 amounted to 581.3 billion euros or 622 Billion Dollars. Of this, 181 billion euros is reported as equity. Everything else is debt, i.e. financial debt and other liabilities amounting to just over 400 billion euros.

The German carmaker's debt ratio is somewhere between the gross domestic product of Portugal and Belgium.

Financial Services accounts for the largest share at 280bn euros. VW is traditionally big in the business when it comes to car loans and leasing deals. The debts there should be well secured with hundreds of thousands of credit agreements worldwide, especially since the still highly profitable division has equity capital of over 43 billion euros.

But this could change very quickly if demand for ICE vehicles decreases as a result of the shift to BEVs and as a result, the value of the leased vehicles falls. That can and likely will happen rapidly once a certain inflection point has been reached.

Almost 86 billion euros of long-term debt lies dormant in the Automotive Division, which also includes the truck and power engineering businesses.

VW is indirectly financed and supported by bond purchases from the German government, the EU, and the EZB. In view of the declining sales and the declining profitability outlook, and a not profitable BEV business is a political measure that does not follow any economically rational action because new build jobs in renewable energy are more valuable than keeping old jobs in the ICE business.

While many claim VW Group is too big to fail and politicians do not dare to question the future of the company they lag the required rational and boldness to tell their voters that as of today taxpayer money is used to finance a dying business that even accelerates climate change.

Every delay in acting and cut subsidiaries increases the danger for the VW Group of falling apart into several separate brands. We've seen that process starting with the Porsche IPO, the merger of Seat and Cupra, and the reduction in models and I predict there is much more to come.

In contrast to what many believe the financial support for VW Group makes the company weaker and not stronger.

[Chris @chrismitchell26]

@HolySmokas 10x

[Chris @chrismitchell26]

@teslaeurope @elonmusk Hey @elonmusk @Tesla when will we be able to see our dogs in our cars from our phones? Maybe even talk to them, too ?! 🐶 Or even play music for them.