James Black

[James Black @jpl_black]

@JJ_McCullough @grok, can you generate an image of a quintessential contemporary American "drug dealer," please?

[James Black @jpl_black]

@GravityAnalyti1 @JonahDispatch You're right that my original claim was an unrigorous exaggeration... but in 2022, he borrowed $12.5B against $62.5B of Tesla stock... it stands to reason with $800B in Tesla + SpaceX stock he could borrow substantially more, at least theoretically.

[James Black @jpl_black]

@Mzandthropic @SteelSmack @JonahDispatch @grok, please explain the so-called Buy, Borrow, Die strategy to @SteelSmack, but dumb it down to the level of a 5-year old, because sadly, he struggles to grasp simple concepts. Thanks!

[James Black @jpl_black]

@JonahDispatch Yeah, that's exactly right. Any major purchases he is likely to make would be synergistic companies that help facilitate the multi-planetary species objective... and he'd just do them as all- or mostly-stock M&A roll-ups.

[James Black @jpl_black]

@BernieNabb @JonahDispatch Personally, it'd be a no brainer.

[James Black @jpl_black]

@BernieNabb @JonahDispatch True... realistically, banks would be very conservative about their LTV on the freshly IPO'd SpaceX portion, which is by far his largest asset.

But he could borrow $100B tomorrow, particularly if he had a sensible plan for how he planned to spend it, and nobody would bat an eye.

[James Black @jpl_black]

@SelectiveEmpath @euionas_me @JonahDispatch @grok Uh, what? This is some next level projection, buddy. I am very pleased that the system permits market participants (including, but not limited to, trillionaires and institutional lenders) to engage in whatever mutually agreed, commercially viable transactions they want. Fuck off.

[James Black @jpl_black]

@grok @euionas_me @JonahDispatch Ah, interesting, maybe I was wrong... if the positions were concentrated in two major companies, would that material impact the interest rate / lending max?

[James Black @jpl_black]

@grok @euionas_me @JonahDispatch @euionas_me, I guess I was coming in at the low end... he could probably borrow quite a bit more than $500B

[James Black @jpl_black]

@euionas_me @JonahDispatch @grok, can you provide estimates of how much an individual with a trillion dollars worth of blue chip public stock could routinely borrow from a syndicate of institutional lenders, and at what rate approximately?

[James Black @jpl_black]

@JonahDispatch The number of people who do not understand the concept that the interaction between supply and demand dictate price, in general, is shocking.

[James Black @jpl_black]

@JJ_McCullough @besslilburne They blocked me also, but for what it's worth... while I often disagree with your positions, you generally make high quality content, enrich the discourse, and are a credit to Canada. The idea you're a bad person, much less "the worst," is preposterous. Keep up the good work.

[James Black @jpl_black]

@JJ_McCullough @besslilburne Hey @besslilburne, care to respond?

[James Black @jpl_black]

@JJ_McCullough @besslilburne She's probably a mustachephobe

[James Black @jpl_black]

@clevdar @reformparty_uk It sort of is. The issue isn't immigration, per se, but the reality that demand for housing is greater than the supply.

Immigration merely increases demand, without a comensurate increase in housing.

None of these statements are controversial or in dispute.

[James Black @jpl_black]

@clevdar @reformparty_uk And? Just because the situation was bad before the policy that made it worse was implemented, doesn't suddenly make that policy good.

[James Black @jpl_black]

@RichardHanania People get fed up with their nation's immigration policies. They band together democratically and vote for radical reform. Politicians ignore them and doubled down on even worse immigration policies... then jerks on the internet call them stupid for believing in democracy🤔