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@redpillschool My perspective is that there is a whole lot of inflation. That essentially means a lot more dollars out there trying to find a home in a modified Pidgonhole Principle. So now that we've entered into the asymptotic stage it is suddenly conveniently heroic to attack people who try to aggressively drive the price of an asset down to feast on the carcass. These vultures have been around for forever, yet now it's open season. Due to my personal experiences I'm always alert to the possibility that my faux heroic actions merely fit neatly into the trapped paradigm of which preconditions I'm not allowed to question within polite expert society. The government shut down many aspects of the economy then created an unprecedented large amount of fiat currency. This currency needs to go somewhere. Now it is virtue signalling heroicism to fight against one of the necessary but flawed mechanisms for providing price discovery. It's just shuffling chairs around on the Olympic. We're fucked.Read More
@MentORPHEUS oh, don't get me wrong. I see him for what he is, and I was actually pissed off when he got the GOP nomination back in 2016. I was just willing to give him a chance, and he performed well.
Was he perfect? Fuck no, but he's the best we've had in my lifetime.
Hah! Hahaha! HAHAHA!
Oh, no. Government is fixing to become so bloated
Dude look at the fundamentals. State budgets are heading toward a fiscal crisis that the Fed can't print money enough to solve. No matter how badly some in government may want it, there won't be enough money in the system to afford to continue limitless expansion of inefficient bureacracies. The task of rational people now is to try to prevent stopgap efforts that make the inevitable worse in the long run.
We're literally fighting to make a small number of elites less comfortable and rich in the short term for the sake of average Americans in the long term.
He has the principle America First, and that's good enough for me.
This is the mechanism through which party politics gets wildly differing people to go along with the monolithic plans of elites against the common left/right citizenry. "Good enough, other side worse." ignores all the bad parts of chosen side
Trump was not a man of principle, he was a narcissist, opportunist, and mostly reactionary in nature. Let this be a period of post-nut clarity where Trump supporters see him for what he really is, not the idealized version they wish he was. If he was committed to smashing "leftist enemies" he wouldn't have ignored "diversity training" until so late in his presidency that the associated bureacracies weren't dismantled or even meaningfully challenged or changed. Now they're poised to start back up and any opportunity to get people to understand the evil nature of them was left on the table and now lost and forgotten.Read More
@goodmansaysfuckyou Even more interesting they're doing a short-squeeze. Marvin capital and a few other ne'erdowells had been shorting Gamestop for the past year and a bunch of guys on /r/wsb decided they liked gamestop so they started buying in, raising the price.
Marvin and co sold their borrowed shares at below $40 but thanks to WSB, the stock is upwards of $350ish right now, and everybody's holding rather than selling which is keeping the price rather high.
They're trying to keep the price up or drive it higher long enough that Marvin's lenders call the margin, given that they're upside down like $3 billion right now on the whole ordeal.
They want to force Marvin to buy back at anything higher than I think $250ish in order to bankrupt them.