Not to disturb high intellectual discourses on nettime, a short
interlude with numbers and reality.
IMF suggests that a typical collateral for major loans should be around
60% book value or 30% market value. The Republic of Ecuador just got
$1.1B loan using Julian Assange as collateral
(https://www.bbc.com/mundo/noticias-america-latina-46395063 ), which
places Mr. Assange's market value at about $330M.
That's a lot of money, and a possible business model for unfunded
progressives: prop up a major irritant to wealthy entity, then sell it
yourself.
This capitalism thing is f*cking fantastic!
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