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Started By
Message
Massive liquidity crisis at Blackstone Group
Posted on 12/2/22 at 8:20 am
Posted on 12/2/22 at 8:20 am
Blackstone can't meet redemptions requests
Was the China Evergrande Crisis the canary in the coalmine?
Was the China Evergrande Crisis the canary in the coalmine?
This post was edited on 12/2/22 at 9:19 am
17
Posted on 12/2/22 at 8:22 am to the_truman_shitshow
I know FL just pulled $2B from them
Posted on 12/2/22 at 8:24 am to the_truman_shitshow
quote:
canary in the coalmine
Something has to crash the system so the lemmings will accept what their government overlords provide as a replacement...
Posted on 12/2/22 at 8:25 am to the_truman_shitshow
They have a quarterly limit in place. That limit has been met.
This post was edited on 12/2/22 at 8:27 am
Posted on 12/2/22 at 8:25 am to Wtodd
quote:
I know FL just pulled $2B from them
Thought that was Black Rock? All these generically named companies confuse me.
Posted on 12/2/22 at 8:25 am to Wtodd
quote:
I know FL just pulled $2B from them
I think you are thinking of Blackrock. Larry Fink's company.
Posted on 12/2/22 at 8:26 am to Gifman
You are correct
Posted on 12/2/22 at 8:26 am to the_truman_shitshow
Not surprising.
Dominos staring to fall.
Dominos staring to fall.
Posted on 12/2/22 at 8:26 am to Gifman
quote:
Thought that was Black Rock? All these generically named companies confuse me.
Oops you may be right...stand by
You're correct
Posted on 12/2/22 at 8:29 am to the_truman_shitshow
There is nothing investors can do but hang in there and redeem the maximum amount every quarter if they want out, right?
Posted on 12/2/22 at 8:29 am to Wtodd
quote:
Oops you may be right...stand by
You're correct
Hey it confuses me too
Posted on 12/2/22 at 8:32 am to the_truman_shitshow
quote:
Was the China Evergrande Crisis the canary in the coalmine?
So what do we invest in now?
Gold?
Real estate?
BTC?
Weed?
Pfizer?
Companies that are developing AI and human machine merger?
Posted on 12/2/22 at 8:35 am to Bass Tiger
Water and funeral homes.
Posted on 12/2/22 at 8:41 am to The Maj
quote:
Something has to crash the system so the lemmings will accept what their government overlords provide as a replacement...
Dude, that is a pattern we are only able to trace back to the beginning of recorded history. You have no way of knowing they will do it this time, too.
Posted on 12/2/22 at 8:43 am to the_truman_shitshow
Would rather it be BlackRock.
Posted on 12/2/22 at 8:44 am to Bard
quote:
Would rather it be BlackRock
100%
Posted on 12/2/22 at 8:44 am to Bass Tiger
quote:
So what do we invest in now?
Guns & Ammo
Posted on 12/2/22 at 8:45 am to Bass Tiger
quote:
So what do we invest in now?
Canned goods, firearms, ammo, etc...
Posted on 12/2/22 at 9:01 am to the_truman_shitshow
My stepdad bought he and I both one of the 36" models with the lid this week. Maybe that'll help turn things around.
Posted on 12/2/22 at 9:04 am to the_truman_shitshow
5% redemption per quarter.
Wow.
Wow.
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