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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Brickeye   😊 😞
Number: of 15058 
Subject: Re: How Systemic is Grifto?
Date: 01/27/2025 3:43 AM
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"I'm having trouble relating this to Berkshire Hathaway."

Because if it's systemic it very much relates to Berkshire. Honestly, and I don't mean this to be flippant, that's not difficult too grasp. With our president offering meme coins it begs the question what will happen if there's a crash. During the financial crisis two presidents elected to bail out bankers but they were not trading credit default swaps or structuring CDO's. If crypto crashes and it becomes systemic having a president literally involved in the crises raises things to a level never seen before. And that's not being political! We've never had a president that could potentially be involved in a decision on whether to bail out a an industry they are heavily involved with.
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