Buying Credit Default Swaps on the Avocado Market from Deutsche Bank - I already shorted the Avocado Market heavily since 2021. Especially $CVGW. It's a sh\*t stock and i love seeing it go to the ground.


But with the recent developments in the Avocado Market it looks even worse than i initially expected. This sh\*t fruit (yes it's a fruit not a vegetable) will go to 0. Literally 0. They are already burning Avocados in Mexico and Colombia.


The Avocado PPI is already at the bottom, but the companies haven't defaulted yet.


Banks will sell you Credit Default Swaps without even asking. The only question they ask is if you want to buy more. They are stupid. They all love their avocado toasts so much that they ignore the bubble.


$CVGW will default. They most likely have forward contracts with farmers. What they don't realize is that Avocados grow like mice in size. They don't understand that all the South American cartels are using the Avocado Market to launder money. There are already far more Avocados than needed and thus the price for Avocados shrink massively. The forward contracts will ruin them, even without the forward contracts the stock is ruined. **Yearly revenue down 26.17%!!!** I called this in 2021. The avocados are done.


Same with literally all the other Avocado focused companies. It's a downward spiral. Nobody sees it because everybody is blinded with their Avocado Toasts. But they will soon not exist anymore.