All-In with Chamath, Jason, Sacks & Friedberg
Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz
Sacks
And what you saw over the weekend was it mostly a lot of that happening, which was a lot of these folks were putting this trade on to the tune of tens or probably even a hundred billion plus dollars of which they had maybe five or 10 billion of equity and $80 to $90 billion of just margin. And that's what caused this very quick cycle. Then it looked like it unraveled itself.
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