Why GameStop matters...

[TheUnifiedTheory]

For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars.

2008's housing market collapse only cost the banks around 50 billion.
$1000 GME/Funcoland is WORSE FOR THE BANKS THAN THE 2008 HOUSING MARKET CRASH.

This is going to crash the entire financial system.

And it's not limited to Gamestop, or AMC, or BBRY.

This has exposed a serious vulnerability in a system that is already propped up by MASSIVE amounts of debt.
These funds make up a significant amount of trading volume on the NYSE, and the average hedge fund has $30-40 in debt for every $1 of actual money on their books.
It has now become apparent that the sustenance of the entire system is dependent upon fund managers and bankers trading on inside info at the expense of retail investors who hold positions opposite theirs.

Retail and "outsiders" have now figured out a way to break their game, rendering them unable to service that debt.

If the government intercedes, they can only do so unconstitutionally and screw tens of thousands of regular people out of money they made fairly.

If they don't, I don't know if you realize this, but we are looking at a system-wide collapse that can't be stopped.

Hedge funds have a total of $3.25 trillion under management, and nearly every dollar of that is intertwined and levered up to the extent above.

The value of the US dollar will be at risk. There's no amount of stimulus the government can pour in to help service that debt without triggering hyperinflation.

Exciting times.

[TheUnifiedTheory]

It's a shame that the irony is lost on so many people.
The game is almost over.

[mudflap]

I don't understand it fully, but it looks like it's the hedge funds trying to ensure THEY maintain control of the profits from wall street, and shut out the individual players - Robinhood app is stopping folks from buying gamestock. And it looks like the unrest is spreading to other companies like nokia, blackberry.


https://www.zerohedge.com/markets/you-c ... own-buying

[InfoWarrior82]

Behold, the great reset.

[ajax]

Blame Trump and the Federal Reserve for the Current Mad Price Activity in GameStop-Related Stocks
https://www.economicpolicyjournal.com/2 ... r.html?m=1

[1775peasant]

this happens because "they" get too flagrant at times with their designs, and when the peasants en masse finally corner them? they scream to the Govt for help, MSM runs defense for them, call in favors from those whom are vulnerable to them....etc

this probably will end poorly for the peasants involved, much like the True Patriots at the Capital.....

BUT, this does send a very much needed signal.....that being, that the peasants are awakening and willing to risk their $$$ in order to play up to their standards. it's the next phase of risk, that will determine just how hard & far they push,,,, for now???

edit: true hyperinflation will never occur, until a nuclear war breaks lose......the Dollar will not crash as long as they control the World's major monetary supply

[Original_Intent]

Those hedge funds and investment banks like JP Morgan do this kind of manipulation ALL THE TIME to screw main street over. But the proles do it to the detriment of the uber wealthy and "the administration is looking into it, Nancy Pelosi is looking into it, the SEC is investigating, investment platforms block purchase of targeted stock.. Just like with the stolen election, masks are coming off.

note: I have no financial interest in any of the "most shorted" stocks.

[TheUnifiedTheory]

Those hedge funds and investment banks like JP Morgan do this kind of manipulation ALL THE TIME to screw main street over. But the proles do it to the detriment of the uber wealthy and "the administration is looking into it, Nancy Pelosi is looking into it, the SEC is investigating, investment platforms block purchase of targeted stock.. Just like with the stolen election, masks are coming off.

note: I have no financial interest in any of the "most shorted" stocks.

It doesn't matter if you're exposed or not. This thing could create a scenario similar to the 2008 housing crisis, and the "Great Recession" that followed.

The money these hedge funds use to place these bets comes from people's 401Ks, pensions, and savings accounts. If they get wiped out, that money is gone.

This is major.

[markharr]

Are you suggesting that our treasures are becoming slippery?

[1775peasant]

yes, hedge funds accept some pension accounts....but by & large they are funded by Very Wealthy individuals, Large Corp's, Established Foundations and the like.......Hedge Funds have certain & particular parameters in which they have drafted, and by which they must operate, SIPC members can have recourse i believe should a HF go under?

the everyday average Joe deals more with Mutual Funds......

[ATB]

Now do Futures...remember MF Global?

You should see how pharmaceuticals are priced...there’s also a reason that .gov is paying the tab on mRNA development (not just for C19)...one more dot to connect in all of this.

I guess you can buy anything, and anyone, with money.

[Fred]

Is it possible for AOC to do something good?

[Serragon]

Is it possible for AOC to do something good?

unlike the leaders of her party, AOC is a true believer in her ideology. She is no libertarian, but she will occasionally align herself correctly when she thinks the bad corporations are playing dirty. The problem is that her solution to big corporations is an even bigger government with unlimited powers.

[ajax]

[Juliet]

Those hedge funds and investment banks like JP Morgan do this kind of manipulation ALL THE TIME to screw main street over. But the proles do it to the detriment of the uber wealthy and "the administration is looking into it, Nancy Pelosi is looking into it, the SEC is investigating, investment platforms block purchase of targeted stock.. Just like with the stolen election, masks are coming off.

note: I have no financial interest in any of the "most shorted" stocks.

It doesn't matter if you're exposed or not. This thing could create a scenario similar to the 2008 housing crisis, and the "Great Recession" that followed.

The money these hedge funds use to place these bets comes from people's 401Ks, pensions, and savings accounts. If they get wiped out, that money is gone.

This is major.

The economy hasn't grown to support the level of growth people have seen in their investments. All we are doing by letting this continue on is funding those who side against capitalism. What has to happen, is the market must crash and rebalance itself based on actual supply and demand. This has to happen. It should have happened in 2008 but the government wouldn't let it. It must happen. If you are wise you will make the proper adjustments now so you don't lose everything. Investment earnings will go down, but so will the cost of housing, food, and school tuition. Excepting that can't happen because of the money printing from the government, in which case we are all screwed. This way, instead of people becoming homeless one by one and secretly disappearing, we can all go homeless at once and then the system will really re-balance itself but this time, we not only deal with domestic competition but the prying eyes of foreign competitors as well.

[ajax]

Gamestop, Market Distortions, and Manipulations
https://www.disinthrallment.com/blog/ga ... ipulations

Robinhood CEO Vlad Tenev Speaks Out
https://www.economicpolicyjournal.com/2 ... t.html?m=1

[ajax]

[markharr]

[Juliet]

Is it possible for AOC to do something good?

That's what happens when you rely on environmental programming to brainwash your future political candidates...They might actually believe in their upside down ideologies out of the goodness of their heart as opposed to trying to brainwash more people. That human heart, always has always will be a threat to the powers that be.

[Sarah]

The next two weeks should be interesting.

[Juliet]

The next two weeks should be interesting.

Once this trend hits the silver market its over.

[mudflap]

Blame Trump and the Federal Reserve for the Current Mad Price Activity in GameStop-Related Stocks
https://www.economicpolicyjournal.com/2 ... r.html?m=1

no. too much of a stretch. This goes back to Ben Bernanke and Janet Yellen.

"Blame Trump" is just TDS, and makes me immediately suspicious of "economicpolicyjournal".

suspicions confirmed by a comment on the same page:

Your reliance on the mainstream media hamstrings your ability to comprehend the situation. Either that or you're just a shill. There are numerous references all over the interwebz that Robinhood was overtly strongarmed by the finance/government complex, aka Deep State, to close the long GME positions, which threatened to unravel the house of cards to a far greater degree than LTCM back in the 1990s. A huge, dispersed coordinated short squeeze by people who care more about destroying financial parasites than profit cannot be stopped by throwing money at the problem, when the shorted shares were as oversold and naked as they are in this situation. There was literally unlimited downside for Wall Street. Especially as they started piling into other vulnerable stocks. They had to be forcefully divested of their shares to fix the problem. The idea that this was in response to some sort of simple regulatory issue is laughable.

How to tell if you have TDS:

https://www.libertynation.com/trump-der ... -epidemic/

sadly, there is no cure:

Is There A Cure?
Unfortunately, medical science has not yet found a cure for Trump Derangement Syndrome. There is no medication, therapy, or procedure that can alleviate the previously mentioned symptoms. One can only break free of TDS when they go through an awakening in which they realize that the far left media has been lying to them about Trump and conservatives. However, this is a rare occurrence. It is safe to say that Trump Derangement Syndrome will remain a mental health issue for the foreseeable future.

[Separatist]

Blame Trump and the Federal Reserve for the Current Mad Price Activity in GameStop-Related Stocks
https://www.economicpolicyjournal.com/2 ... r.html?m=1

no. too much of a stretch. This goes back to Ben Bernanke and Janet Yellen.

Yes, of course, but the economy has been juiced like no other time in the last 12 months, with Trump's encouragement and signature. So it really is no stretch. TDS goes both ways, ala, the man can do no wrong.

fredgraph - 2021-01-27T104912.011.png (30.5 KiB) Viewed 471 times

fredgraph - 2021-01-26T163824.227.png (31.75 KiB) Viewed 471 times

[mudflap]

Sigh. Every recent president has

juiced the economy like no other president in history

. This isn't unique to Trump. tell us something we don't know.

I had more to say, but can't seem to say it nicely after several edits, so I will bow out with this:

One can only break free of TDS when they go through an awakening in which they realize that the far left media has been lying to them about Trump and conservatives. However, this is a rare occurrence.

[Separatist]

Sigh. Every recent president has

juiced the economy like no other president in history

. This isn't unique to Trump. tell us something we don't know.

I had more to say, but can't seem to say it nicely after several edits, so I will bow out with this:

One can only break free of TDS when they go through an awakening in which they realize that the far left media has been lying to them about Trump and conservatives. However, this is a rare occurrence.

The rate of increase in the last 12 months is unprecedented. And this from a president who railed against Yellen about the same exact thing prior to being elected in 2016, about artificially low rates and "false economy" and "artificial stock market", knowing it hurts savers and the elderly on fixed incomes. Yet he never discouraged it while in office, often encouraging it and railing against chairman Powell for not doing enough. He's complicit to the nth degree.

Despite all this, I voted for Trump in 2020. So TDS? No.