Are we in the beginnings of a Doom Loop?

[bambino]

BlackRock just admitted the ugly truth: If they 'hold' your money as a client... it's NOT yours. You don't own it. You can't withdraw it when YOU need it, only when THEY allow it.

This is the beginning of 'you will own nothing and be happy.'

Get your cash out NOW before the gates slam shut forever! oh wait you can't because they paused withdrawals ��

https://x.com/inj_pumping/status/203...435769723?s=42

[HDGristle]

The beginning? We're way past that. Where have you been?

[bambino]

Originally Posted by HDGristle

The beginning? We're way past that. Where have you been?

I started this thread and several others pertaining to this. I’ve been on it. Not you.

But thanks for the bump!!!

BAHAHAHA

[bambino]

BlackRock's $26 billion HLEND credit fund was overwhelmed by $1.2 billion in withdrawal demands, 9.3% of its assets, exceeding its 5% quarterly cap.

It paid out just $620 million, slamming the gate on the rest, trapping investor cash in illiquid loans amid market panic.

[HDGristle]

Originally Posted by bambino

I started this thread and several others pertaining to this. I’ve been on it. Not you.

But thanks for the bump!!!

BAHAHAHA

Then you would know tbe answer was when we went off the gold standard