Subject: Re: How Systemic is Grifto?
Unless there's some association between crypto and leveraged, systemically-important entities

I think this is an interesting point.

The implication of other posts is that the president's personal stake in the industry may stand in for such association. That is a matter of inference, but it does not seem implausible to me.

Setting that issue aside, is there any way the broader investing community can know whether such association exists? Obviously, the leveraged relationships that cracked open in 2008 were, in principle (but only in part), public knowledge, whose significance was either not recognized or ignored. I get the feeling people are watching more closely this time. What might they see that should cause alarm?

Baltassar