Tuesday was red. Wednesday was all green and everyone on the GME communities was saying the same thing. “This is the pump before the dump tomorrow” and “You all ready tow watch tomorrow’s rug pull?” Meanwhile MSM is crying that markets were rallying and encouraging retail to invest. Say what you will about those guys they have some impressive insight into the market. At this point I keep up with them just to watch as this shit collapses in real time.
It’s pretty obvious they’re right in the very specific and narrow field of a specific situation where rich people got rich off of cellar boxing and overleveraging themselves on synthetic shorts to print free money, but everything else about how they analyze the world is almost completely idealist garbage with no bearing on reality. Whatever though, I hope a lot of very very rich people get fucked over by them, even if in the end it may just be a reshuffling of who’s who in the bourgeois class.
Like you can often see posts talking on r/Superstonk about how when they’re rich they’ll “fix the system” somehow. Motherfucker you’re gonna check out at best, at worst try and grow your wealth and find out why the rich people you hate are the way they are. I guess it’s impossible to really think about what things would be like after an event like that though; such huge financial conglomerates even having an 0.1% chance of becoming completely liquidated is a complete black swan event that nobody can really predict the result of. Will the rich people getting fucked stop the rich people who’ll make money on this from making money on this? Will the rich people fucking over the rich people who put themselves in this position allow this event to happen? Who knows! It’s a war in heaven at this point.
Tuesday was red. Wednesday was all green and everyone on the GME communities was saying the same thing. “This is the pump before the dump tomorrow” and “You all ready tow watch tomorrow’s rug pull?” Meanwhile MSM is crying that markets were rallying and encouraging retail to invest. Say what you will about those guys they have some impressive insight into the market. At this point I keep up with them just to watch as this shit collapses in real time.
It’s pretty obvious they’re right in the very specific and narrow field of a specific situation where rich people got rich off of cellar boxing and overleveraging themselves on synthetic shorts to print free money, but everything else about how they analyze the world is almost completely idealist garbage with no bearing on reality. Whatever though, I hope a lot of very very rich people get fucked over by them, even if in the end it may just be a reshuffling of who’s who in the bourgeois class.
Like you can often see posts talking on r/Superstonk about how when they’re rich they’ll “fix the system” somehow. Motherfucker you’re gonna check out at best, at worst try and grow your wealth and find out why the rich people you hate are the way they are. I guess it’s impossible to really think about what things would be like after an event like that though; such huge financial conglomerates even having an 0.1% chance of becoming completely liquidated is a complete black swan event that nobody can really predict the result of. Will the rich people getting fucked stop the rich people who’ll make money on this from making money on this? Will the rich people fucking over the rich people who put themselves in this position allow this event to happen? Who knows! It’s a war in heaven at this point.