@JulieChangRE I just came back from China and the inlaws left the cooked food out half a day in the warmth 80F+ 80% humidity. Ate it and didn't die or get sick. There may also have been some gnat or fruit fly too.
@daveg@MichaelAArouet My thought as well. And a different one including fully funded government pensions. Even though it isn’t an asset it’s an entitlement substitute for wealth.
people misunderstand how they were mislead by social media and mainstream media, during covid.
if you were on Twitter in early Jan - Feb or in Chinese/Hong Kong diaspora chat groups, you would have quickly gotten the memo.
it was only after ~Feb 4th 2020 when the CCP emerged from their bunker, the wumao were mobilized, the WHO started to assume powers in social media and on youtube and Twitter and Facebook to combat “misinformation”, concern about people flying from China was called Racist, and the discussion polarized first one way, and then the other, that it became impossible to discuss.
to me, it seems clear that the process was subverted.
the biggest crazy pill was when, in early February, the two best produced video media sources on covid were from North fucking Korea and Steven fucking Bannon. They, just like Twitter anons, just like me, were perfectly capable of calculating an exponential and determining a pandemic was getting out of hand and could not be stopped. It was the far more mainstream news with more resources that were unable or unwilling to engage. It was even the hedgefunds, for a time.
I watched the democratic debates, the whole thing, waiting for them to discuss Covid. Nothing.
I watched the business news downplay things every day, but tuned in to bloomberg asia and americas. They all described the stock market retreat to US equities, as “haven assets”. The stock market, making record highs, had options valued as if the implied volatility was 2-3% — artificially measured low by the algorithms because the narrative and market was being controlled/damped.
It was nuts. “rationalists” told me in social media that “we should not worry about the pandemic, because if it *were* bad, hedgefunds “with their epidemiologists” would have tanked the market by then (🤷🏻♀️!) i went and checked, and really there were no epidemiologists employed by hedgefunds. They completely made up a governing system in their head (much like with SB 1047 today…)
Anyway, people were going to die, our lives were at stake etc, so I thought about what would it take to make people react. It felt like no one would do anything until it affected them financially.
But then I realized how I could show how you can make money with pre-knowledge of something that the ruling powers did not want to admit, but would be forced to.
Because of the super exponential falloff in the probability density of a gaussian, which results in a bunch of independent variables added together, which is at the found of the Black-Scholes model that’s the benchmark way to price options, options that are at a market clearing price set by algorithms *massively* undervalue large crashes — until they’re happening. They used the artificial period of stability as a measure of how suddenly things could change. So the low implied volatility meant that large crashes were very far away.
I could bet for sure a pandemic was happening, despite WHO’s reluctance to label it as such. And I would bet on the stock market declining, but also, crucially, on volatility growing dramatically. So I picked out some way out-of-the-money puts at a medium timeframe, and posted about it. I wanted to make money, of course, but the original motivation was, by proving I could, and calling my shot, I could poke a hole in the god awful epistemology that was on display to me (efficient market brained / subverted propaganda) and maybe save more lives from being ruined somewhat.
The stock market broke first; only then did the system start to respond. And then the political valence flipped. The liberals were reacting, and the intransigent right was opposed.
Seems like everybody forgets this but I cannot. Not while government overreach on the same dimensions is pushed again and again. Not while our own complacency in gain of function research, and the coverup, is being revealed.