CapoBurner

.@GCRClassic told us that in every cycle, a trend from the previous cycle explodes. The trend usually has a flash in the pan effect in the previous cycle. Then comes back with a vengeance in the next cycle. What if that is memes? What if it’s not gaming or casinos or AI or whatever. What if it’s just memes. The next cycle just led entirely by meme coins. Defi summer but for memes. $pepe is uniswap, or chainlink (in terms of leading the way) While these other ones will follow suit. That would be max pain for a lot of these big brain accounts and their macro theses

@DeItaone others saying he’s gay

TRUMP ON IRAN'S NEW SUPREME LEADER: PEOPLE SAYING HE'S BEEN HURT, OTHERS SAYING HE'S DEAD

@rasmr_eth the gayatollah does what he wants (men)

I GOT ME SOME THOTS THEY THOUGHT I WAS GAY

if you’re in crypto pivot to restructuring

@junkbondanalyst ok:) yay:)

Don’t worry kitten

@thiccyth0t the biden admin literally changed the definition of the word “recession” as a means to avoid the US entering a recession. this is not uncommon. pain is felt but not recognized as pain until talking heads on the 6 o’clock news validate as much.

people don't realize how bad things are bc the trump admin interfered with the very system designed to inform everybody how bad things are

@johnarnold SaaS unwind will be interesting as we haven't seen such an asset-light class go thru a mass restructuring. they collateralized revenue streams... who knows

Private credit funds will be very reluctant to roll over software loans when they mature. The closed-end funds can't refi any loans right now given redemptions. Since many loans were taken to pay dividends to sponsors, how will they repay maturing loans? Will sponsors put new $ into the companies? many are past investment period. Bring in new equity? that will be tough and pricey. Refi with a mezz lender? will be at much higher rate. Walk away? Huge loss and hit to reported marks. In every situation, the equity is worth less even if business performance hasn't changed.

@BatAndJet pair that with pedestrians asking chat gpt for low level medical advice (and getting very sound responses) and then look 12 months down the road. should be fun

@CancelledPapi The PE roll-up model in healthcare depended entirely on cheap debt. That era is over. The unwind was inevitable.

one of the best parts of working in restructuring /distress is getting a sneak peek into the underlying cracks within varying asset classes the bankruptcy guys usually have 6-12mo advanced notice re: major unwinds walk-in health clinics next

@mogie__ 🤣🫡

nukes prepping, global markets topping, 25% of global oil output bottleneck, 0 fed cuts pricing in $hype +3%

@loveofthegameX 💀 welcome back

the cliffwater fund manager pauses drafting his suicide note and stares 1000 yards back at me as i gleefully explain how it’s simple game theory and a textbook prisoners dilemma that causes a redemption cascade. 3,3 right bro ha anyway what are you drinking?

@hamptonism tender?

oh my.

@BigTechAlert @JeffBezos @HamasAtrocities 😂

🆕 @jeffbezos has started following @HamasAtrocities

@chasedownleads ok that’s actually a good idea

You can charter a private jet to the Middle East for $25,000 right now And you can charge $250,000 per seat to take people out of the region The flight I'm on right now will make me millions

@AggrNews with the 6 month phase out, clearly in the statement, is this really news?

U.S. STRIKES IN MIDDLE EAST USED ANTHROPIC'S CLAUDE DESPITE TRUMP BAN HOURS BEFORE: WSJ

@tier10k how the fuck am I living through another one of these statements bro

Trump statement

@AutismCapital btc pricing it as a nothingburger tbh

🚨 NEW: Crypto crashes on the potential of WW3

done

@zarathustra5150 is that supposed to be the same guy?

um…wut

@NickNemo17 odd. everything you say is, without exaggeration, the most bullish restructuring scenario in human history

I don’t know finance so hard that I get blocked by the ops