Scustin Bieburr
Baby baybee baybee UUUGH
I love to see it 
"Tesla Inc.’s share price slump is taking a toll on risk-loving investors in South Korea, who have plowed into leveraged bets on the US carmaker.
Korean investors were by far the biggest holders of the Leverage Shares 3x Tesla exchange-traded product listed in London, according to Feb. 21 data from three local brokerages compiled by Bloomberg News. The product, which seeks to provide three times the daily return of Tesla shares, has lost more than 80% from a December peak while the Elon Musk-run company’s shares have plunged 41%.
The losses Korean investors have taken on their leveraged Tesla bets is just the latest sign of a swashbuckling approach to stock markets that has sometimes unnerved regulators and brokers. Last week, local brokerage Mirae Asset Securities Co. said it will suspend orders for some of the riskiest leveraged ETPs listed overseas, warning against potential losses."
Maybe---just maybe, consequences will come back and people will start making the connection between being a piece of shyt and taking an L. America is still a country where you can fail upwards if you're a white man and use the media as your propaganda tool to downplay your failures and emphasize whatever few wins you've secured. I hope by the time I'm at the end of my life america will be a country where a literal nazi isn't allowed to become the world's richest man.
"Tesla Inc.’s share price slump is taking a toll on risk-loving investors in South Korea, who have plowed into leveraged bets on the US carmaker.
Korean investors were by far the biggest holders of the Leverage Shares 3x Tesla exchange-traded product listed in London, according to Feb. 21 data from three local brokerages compiled by Bloomberg News. The product, which seeks to provide three times the daily return of Tesla shares, has lost more than 80% from a December peak while the Elon Musk-run company’s shares have plunged 41%.
The losses Korean investors have taken on their leveraged Tesla bets is just the latest sign of a swashbuckling approach to stock markets that has sometimes unnerved regulators and brokers. Last week, local brokerage Mirae Asset Securities Co. said it will suspend orders for some of the riskiest leveraged ETPs listed overseas, warning against potential losses."
Maybe---just maybe, consequences will come back and people will start making the connection between being a piece of shyt and taking an L. America is still a country where you can fail upwards if you're a white man and use the media as your propaganda tool to downplay your failures and emphasize whatever few wins you've secured. I hope by the time I'm at the end of my life america will be a country where a literal nazi isn't allowed to become the world's richest man.
