humanspiral@lemmy.ca to Economics@lemmy.ml · 6 hours agoA hedge fund in Turkey took circular financing the next level. Collapse, but good preview of (unrelated) AI bubble.www.youtube.comexternal-linkmessage-square1linkfedilinkarrow-up13arrow-down10cross-posted to: Economics
arrow-up13arrow-down1external-linkA hedge fund in Turkey took circular financing the next level. Collapse, but good preview of (unrelated) AI bubble.www.youtube.comhumanspiral@lemmy.ca to Economics@lemmy.ml · 6 hours agomessage-square1linkfedilinkcross-posted to: Economics
minus-squarehumanspiral@lemmy.caOPlinkfedilinkarrow-up1·6 hours ago99% of fund assets were the parent company’s stock. With leverage.
