What is Nostr?
brock / Brockefeller
npub1h4l…2jcm
2025-01-12 16:48:35
in reply to nevent1q…u4he

brock on Nostr: Remember when saving the entire global financial system required a bail out of ...

Remember when saving the entire global financial system required a bail out of ~$800B? Some estimates are that insurance will only play out ~$20B and total liabilities are around $150B.

One city, one disastrous event ~10-15% what it took to “save” the *entire* global financial system in 2008-9.
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npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcm