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The US government has done all the wrong things: Print unlimited money Bail out banks Attack vs embrace bitcoin Weaponize the dollar abroad Prolong proxy wars Sow internal division within And that the bill is soon due....
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📢 Sponsorisé par: - UBS has agreed to buy Credit Suisse for more than $2 billion, according to the Financial Times. Credit Suisse was a $7 billion company on Friday.....
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📢 Sponsorisé par: - UBS and the Swiss National Bank this morning....
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- Credit Suisse has a book value of equity of 45 billion (number of shares times book value) at a share price of 20%. UBS wanted another 80% discount… and got it. 2 billion is a 96% discount. So Credit Suisse is actually worthless. That is ins
- Bail-in: Swiss government will cover up to $10 billion of UBS's losses on acquisition of Credit Suisse. Credit Suisse was valued almost $100 billion some time back. Now its sold for $3 billion....
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