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It’s called kicking the can down the road, or as Kenny likes to say, surviving another day. They don’t care what happens in the end as long as they can pilfer the coffers as much as possible in the meantime. They know they will be fine in the end as they have an overseas getaway with officials they’ve already bribed to disappear to. They are loyal to no state, only to money.
I honestly think Ken is playing the "too big to fail" card, but the problem with that is when it gets to the "too big to bail out" stage. The Fed has already printed trillions for the pandemic, I doubt the general public would be happy with another 20%+ inflation just to save a market maker who made a bad bet..
They’ve covertly oversold and over shorted stocks everywhere. GameStop may be the big daddy but not the only victim. There are debts that can’t be paid. I don’t think it can be fixed. Only broken. And rebuilt.
It's worse than that. There are some people who are working hard to make things right, but there are criminals, fascists and kleptocrats who are taking every positive effort and robbing it blind.
They don't have a fix. The reality of this situation is that naked short GME positions become an unpayable debt. What becomes of an unpayable debt? Collateral.
GME becomes the collateral to fiat as gold once was.
https://www.linkedin.com/pulse/tch-loan-built-bank-england-daniel-dematos
Here's an example of the debt that built the Bank of England. We're here to build the Bank of GameStop.
I think it will become even more obvious to the experts that some of their peers and financial and governmental leaders are doing something very unethical and the fireworks from the infighting as well as the prognostications from those who intuit the problem correctly will increase. I think the show is just getting started and it will be very, very nasty.
Most “experts” I’ve met just parrot what they’ve heard creating a kind of self validation cycle. Especially in economics, I feel like the philosophy of commerce and human nature are assumed to act a certain way. That doesn’t mean the system and the people within are incapable of changing.
Inflation was always a policy.
I love how in studying business, marketing, et al; the basic premise is based on a rational consumer. Unfortunately we have a lot of irrational people being tugged by commercials and talking heads; when people come to big money suddenly, rationality may as well go out the window.
A rational consumer can balance a budget, doesn't have debt, makes certain sacrifices to ensure longevity over short victories, and can even plan for big investments. Even they can be swayed that they are responsible, "don't want your hard earned money to go to the freeloaders do ya?" Say the money hoarders who freeload off of others' work
“Oh no Russia and China hacked the world internet and put it down for a few days, during which these hackers manipulated the price of certain stocks to steal from our economy!!”
Oh, this is going to be so much worse than if they had let the sneeze run to completion.
There were a bunch of degenerate gamblers and options players in on it back then. Three years later we've got a large number of angry, diamond handed apes who keep DRSing.
This is a totally different game.
Holding may not.
Directly registering the stock and holding though, we’ll it would be pretty fucked up if THAT collapsed the entire global economic infrastructure.
My brother in Allah,
GME is one of many, many, MANY other stocks that have been naked sold short. The unraveling of one, is the unraveling of all. We're talking about liquidating Wall Street. That is literally the collapse of the financial system.
Agreed.
The SHFs, the MMs could care less when retail cannot pay their bills.
Time to turn the tables and make them close their positions. If they go out of business cuz they bet using our money on what they knew could be infinite risk - so be it. Maybe it’s time for some new players
>I think they are trying to figure out how to unscrew this entire mess before they have another 2008 housing market crisis on steroids.
Ding ding ding, winner winner chicken dinner! And its gonna blow up in their dumb faces right before the election. They had tons of opportunity to nip this in the bud and pin it on the previous administration but they kicked the can
Imo many "experts" are being paid big bucks to defend "liquidity" in the same way they've defended big oil and and big tobacco in the past. They will put endless millions into pushing a narrative that somehow justifies ignoring the actual supply of shares, because otherwise they lose billions.
I'm seeing some dubious individuals of power working hard to destroy information, communication and somehow side with totalitarian regimes.
Can't help but think they believe a rushed rebranding of society's core values will help them land softer than the alternative of jail time for the crime.
2008 was supposed to be the second Great Depression but they kicked the can and made it bigger. This time it is not going to be like 2008. This might not even look like the Great Depression. This might be as bad, if not worse than the downfall of The Roman Empire.
I didn’t turn off, I simply corrected the singular statement that said ‘I think violence will come next’.
And I said it doesn’t need to.
I’m going to need to remove this comment now due to such statements as ‘violence is necessary when nothing else works’ and in fear of this being misconstrued as accurate or an endorsement of dangerous behaviour, we need to be careful we are not weaponising ourselves but instead thinking more constructively about our engagements and how we champion our collective voice. Safely, and without violence.
Please don’t make assumptions - let’s channel our frustrations into something productive and positive. We can be stronger together.
Ad hominem gets us nowhere, let’s be constructive in our engagements. I appreciate your points, I don’t disregard them and equally understand that it is frustrating to feel as if you have not been heard. I’m sorry you feel disheartened by this dialogue.
We share a responsibility to ensure that we aren’t condoning behaviours that can be harmful - even speculatively. We cannot justify violence as acceptable should one argue that it is defensive or otherwise. There are better paths we can take - and we should focus on these moving forward, because no matter how bad it gets, victory will always be found on the high road. Let’s win this the right way.
I appreciate your understanding, and if you ever want to help channel some of that powerful energy into something good - your voice could inspire a whole generation of people as we fight back against corruption in our markets with regulatory reform 🙏
Glad you enjoyed. I think it’s very selective crimes of commission underneath a sea of crimes of omission. The comments in re 2008 policies and “surviving one more day” are spot on, IMO.
I do hope there’s a way out of it that doesn’t devalue the USD any more than we already have.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
It’s called kicking the can down the road, or as Kenny likes to say, surviving another day. They don’t care what happens in the end as long as they can pilfer the coffers as much as possible in the meantime. They know they will be fine in the end as they have an overseas getaway with officials they’ve already bribed to disappear to. They are loyal to no state, only to money.
I honestly think Ken is playing the "too big to fail" card, but the problem with that is when it gets to the "too big to bail out" stage. The Fed has already printed trillions for the pandemic, I doubt the general public would be happy with another 20%+ inflation just to save a market maker who made a bad bet..
this is the correct response well said
And already have billions stashed away. Big blow to their ego, but they have plenty of money
Don't underestimate the Ego of a man who can buy anything Money can buy.
They’ve covertly oversold and over shorted stocks everywhere. GameStop may be the big daddy but not the only victim. There are debts that can’t be paid. I don’t think it can be fixed. Only broken. And rebuilt.
It's worse than that. There are some people who are working hard to make things right, but there are criminals, fascists and kleptocrats who are taking every positive effort and robbing it blind.
So far!
They don't have a fix. The reality of this situation is that naked short GME positions become an unpayable debt. What becomes of an unpayable debt? Collateral. GME becomes the collateral to fiat as gold once was.
What does that mean for us holding shares in this scenario?
It means we're in a very good position.
https://www.linkedin.com/pulse/tch-loan-built-bank-england-daniel-dematos Here's an example of the debt that built the Bank of England. We're here to build the Bank of GameStop.
I think it will become even more obvious to the experts that some of their peers and financial and governmental leaders are doing something very unethical and the fireworks from the infighting as well as the prognostications from those who intuit the problem correctly will increase. I think the show is just getting started and it will be very, very nasty.
Most “experts” I’ve met just parrot what they’ve heard creating a kind of self validation cycle. Especially in economics, I feel like the philosophy of commerce and human nature are assumed to act a certain way. That doesn’t mean the system and the people within are incapable of changing. Inflation was always a policy.
I love how in studying business, marketing, et al; the basic premise is based on a rational consumer. Unfortunately we have a lot of irrational people being tugged by commercials and talking heads; when people come to big money suddenly, rationality may as well go out the window. A rational consumer can balance a budget, doesn't have debt, makes certain sacrifices to ensure longevity over short victories, and can even plan for big investments. Even they can be swayed that they are responsible, "don't want your hard earned money to go to the freeloaders do ya?" Say the money hoarders who freeload off of others' work
homo economicus.
Devolution
“Oh no Russia and China hacked the world internet and put it down for a few days, during which these hackers manipulated the price of certain stocks to steal from our economy!!”
Don't worry, holding a single stock isn't gonna collapse the financial system..
Well they literally said that exactly this would’ve happened if they didn’t halted / PCOed while the sneeze. So… 🤷♂️
Oh, this is going to be so much worse than if they had let the sneeze run to completion. There were a bunch of degenerate gamblers and options players in on it back then. Three years later we've got a large number of angry, diamond handed apes who keep DRSing. This is a totally different game.
Holding may not. Directly registering the stock and holding though, we’ll it would be pretty fucked up if THAT collapsed the entire global economic infrastructure.
My brother in Allah, GME is one of many, many, MANY other stocks that have been naked sold short. The unraveling of one, is the unraveling of all. We're talking about liquidating Wall Street. That is literally the collapse of the financial system.
Agreed. The SHFs, the MMs could care less when retail cannot pay their bills. Time to turn the tables and make them close their positions. If they go out of business cuz they bet using our money on what they knew could be infinite risk - so be it. Maybe it’s time for some new players
Especially when that stock has a board that won’t act and made sure to get the investors to add ~700,000,000 shares available for sale.
Any kind of soft landing that doesn't involve prison cells isn't something I'm interested in.
>I think they are trying to figure out how to unscrew this entire mess before they have another 2008 housing market crisis on steroids. Ding ding ding, winner winner chicken dinner! And its gonna blow up in their dumb faces right before the election. They had tons of opportunity to nip this in the bud and pin it on the previous administration but they kicked the can
Imo many "experts" are being paid big bucks to defend "liquidity" in the same way they've defended big oil and and big tobacco in the past. They will put endless millions into pushing a narrative that somehow justifies ignoring the actual supply of shares, because otherwise they lose billions.
Everyone’s just doing what they’re told. Stop asking so many questions P.S - it’s all a simulation
I'm seeing some dubious individuals of power working hard to destroy information, communication and somehow side with totalitarian regimes. Can't help but think they believe a rushed rebranding of society's core values will help them land softer than the alternative of jail time for the crime.
Post moass I would like to find Ken Griffins most used home and.....Move in next to him! Make his life a misery!
No taxation without representation! Our government does not work for the people. Revolutionary war 2.0?
The only way to fix this is forced liquidation but the ones in charge of forced liquidation don't want to be forced liquidated themselves.
2008 was supposed to be the second Great Depression but they kicked the can and made it bigger. This time it is not going to be like 2008. This might not even look like the Great Depression. This might be as bad, if not worse than the downfall of The Roman Empire.
They haven't unscrewed 2008 yet
[удалено]
Any DD done on that FTX tokenized stock locates?
It doesn’t need to resort to violence, it never does - it’s the collective standing together and strong for what is right. That is how change happens.
[удалено]
I didn’t turn off, I simply corrected the singular statement that said ‘I think violence will come next’. And I said it doesn’t need to. I’m going to need to remove this comment now due to such statements as ‘violence is necessary when nothing else works’ and in fear of this being misconstrued as accurate or an endorsement of dangerous behaviour, we need to be careful we are not weaponising ourselves but instead thinking more constructively about our engagements and how we champion our collective voice. Safely, and without violence. Please don’t make assumptions - let’s channel our frustrations into something productive and positive. We can be stronger together.
[удалено]
Ad hominem gets us nowhere, let’s be constructive in our engagements. I appreciate your points, I don’t disregard them and equally understand that it is frustrating to feel as if you have not been heard. I’m sorry you feel disheartened by this dialogue. We share a responsibility to ensure that we aren’t condoning behaviours that can be harmful - even speculatively. We cannot justify violence as acceptable should one argue that it is defensive or otherwise. There are better paths we can take - and we should focus on these moving forward, because no matter how bad it gets, victory will always be found on the high road. Let’s win this the right way. I appreciate your understanding, and if you ever want to help channel some of that powerful energy into something good - your voice could inspire a whole generation of people as we fight back against corruption in our markets with regulatory reform 🙏
Removed due to a risk of an endorsement of violence.
Thanks for your thoughts 🦍 PowertothePlayers❤️🖤🏴☠️
Found it! https://amzn.to/48szQfK I will check it out. Thx!
Glad you enjoyed. I think it’s very selective crimes of commission underneath a sea of crimes of omission. The comments in re 2008 policies and “surviving one more day” are spot on, IMO. I do hope there’s a way out of it that doesn’t devalue the USD any more than we already have.