Before you dig into this stupid rant, make sure you read this report. If you haven’t read it, you won’t understand what the fuck I’m talking about.
The latest slam page written by Hindenburg Research is about Jack Dorsey’s predatory credit and payment companies. It’s a well-written and concise report with testimony from former employees of Block. This report goes above and beyond statements of facts about why a company may go solvent. It actually points to strategic and valid reasons a company should go solvent based on the impact it has on society. Honestly, I see this is an entirely new field of short-selling and I find it fascinating.