Notes Today:
- Moody’s sees risk that US banking turmoil can’t be contained. Well, that does not sound very good.
- WSJ: Elon Musk’s Twitter is now a gigantic $13 billion in debt due to advertisers fleeing to “protect their brands” from Twitter’s toxicity.
- Yet
another crypto dude, Do Kwon, is charged with fraud by US Prosecutors in New York.
Could
Munger be right and crypto is just an open sewer, full of malicious organisms?
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