Without the great financial crisis, that's my hypothesis. Maybe I'm wrong. Bitcoin wouldn't exist today in a shape in a form we have it because we never solved the great financial crisis in 2008 9 as I said it was a great time for me financially but banks needed bailout and my view was and management didn't like that that we all should go bust.We screwed it up. We should own up to our mistakes and just let the banks default. Nobody cares.The water is still flowing. Electricity is still coming and the system ...

Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Reporthttps://t.co/6GYCZw2nw7 ...

Crypto never needed a bailout, never will.CoinMarketCap (@CoinMarketCap):LATEST: 🇺🇸 Senator Elizabeth Warren wrote to the Fed and Treasury, urging them not to bail out the crypto market, saying it would disproportionately benefit wealthy crypto holders over taxpayers. https://t.co/ACwVYoHWBP ...

I think Nvidia has no choice. It has to bail out. If OpenAI needs a bailout, it has to bail them out.It has no choice. But, you know, 100 billion is a lot for Nvidia and there it doesn't want everything to be circular. So, that there is there is I think it's just a dance.But, if OpenAI were to stumble and Nvidia has enough like the stumble can't be existential, right. I mean, Microsoft bailed them out for years, but if Nvidia can afford it, it has to it has to bail them out. Enthropic and others have alread ...

Brad Sherman is ok with bailing out the banks but asks about bailing out bitcoinYou can not bail out bitcoin https://t.co/mK1xnjiVti ...

RT Steven Swinford (@Steven_Swinford)Lord Mandelson gave Jeffrey Epstein advance notice of a €500bn bailout to save the EuroHe messaged Epstein about the bailout on the evening of May 9, 2010It was formally announced the following morning https://t.co/btejzVTvxV ...

RT Steven Swinford (@Steven_Swinford)Lord Mandelson gave Jeffrey Epstein advance notice of a €500bn bailout to save the EuroHe messaged Epstein about the bailout on the evening of May 9, 2010It was formally announced the following morning https://t.co/btejzVTvxV ...

The US bet big with Argentina bailout - is it paying off? https://t.co/nxudF8YZuO ...

Geopolitical & Economic Analysis - The US Treasury provided a $20 billion USD currency swap to Argentina, a move considered unusual as it last occurred over 30 years ago [2] - The Argentinian economy's potential failure poses no direct economic threat to the US [3] - The US intervention occurred during a period of domestic budget cuts and shutdowns [3] Political Motivations - The currency swap was perceived as a bailout of Argentinian President Javier Milei, an ally of the previous US administration, during crucial midterm elections [5] - The intervention aimed to stabilize the Argentinian peso amidst economic challenges and widespread discontent, potentially influencing the election outcome [5][6] - Javier Milei was able to hold on to enough seats in Congress to continue pushing his agenda through [6] Opportunity Cost - The $20 billion USD used for the currency swap could have funded NASA for almost a year, the EPA for two years, or provided several months of food stamps [1]

Argentina's Financial Situation - Argentina faces a liquidity problem, not a fiscal sustainability problem, making financial assistance packages important [3][4] - Argentina's authorities are trying to buy back their own bonds on the secondary market at a discount to par to reduce their indebtedness [3] - Argentina was running a current account surplus last year, but is likely to go to a small deficit this year [14] US Involvement and Geopolitical Context - The US Treasury initially committed to $20 billion in swaps and a program to buy back Argentinian debt [2] - Latin America is going through important elections within the next four months, with a potential shift towards center-right and far-right governments [6][7] - The support of the United States is seen as unprecedented, with the midterm elections making it likely that Milei's government will remain in power for the next two years [12] Bank's Perspective and Loan Guarantees - A group of banks, including JP Morgan, Bank of America, Citigroup, and Goldman Sachs, are struggling to put together a $20 billion loan to Argentina and are seeking guarantees to ensure repayment [1] - Bankers are creative in finding structures to guarantee the value of their loans [13] - Argentina has tremendous assets in the agricultural and energy sectors that can be considered as guarantees [14]