Confessions XIX: Is Bitcoin Lehman? (March 2005)
Send us a text Macro Hedge Fund Manager offers more global insights and delivers a shellacking of Elon Musk, Tesla, and their incestuous menage-à-trois with Bitcoin. Comparing the ESG mood to the anti-bank sentiment in the 1930s, he compares Bitcoin with Lehman Brothers; is one as incongruous as the other? He takes us from a critique of dirty bitcoin to a deep dive into the Chinese steel industry - showing why the moribund steel sector could be poised to enter a bull market. Hedge Fund pirat...