The real scandal here is why is America hiring Chinese support staff for its consulates and embassy? With all the spending on employees the government does, they couldn’t bother to send some Americans abroad or use the military to do this?
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I hate boomers too but the US economy is the best on the planet and has only gotten better over the last 60 years, our biggest issue is housing which would be solved by getting rid of every immigrants and banning investment firms and extremely wealthy individuals from buying too many houses.
The real scandal here is why is America hiring Chinese support staff for its consulates and embassy? With all the spending on employees the government does, they couldn’t bother to send some Americans abroad or use the military to do this?
from what i can pull from the article, that's not what it says. it says that americans who are working on government business IN china are forbidden from having relationships or romance with chinese nationals.
from what i can pull from the article, that's not what it says. it says that americans who are working on government business IN china are forbidden from having relationships or romance with chinese nationals.
oh well yeah that's no good at all. it's just like you said, if we blow all this money on staff, why can't we staff a few wizened black janitors for our Chinese consulate?
Which illustrates yet again, for approximately the millionth time, that absent insider knowledge investing in individual stocks is a loser's game and that long-term passive investing in index funds is the way to go.
Normal people made millions off of GME. They did the math and realized it was being nakedly shorted and exploited the hell out of it.
A naked short is an illegal act where someone loans out shares that don't exist.
A short trade is a loan of shares, not money. Those borrowed shares are immediately sold for cash, and the borrower must repay the loan in shares. The bet is the price will fall and the shares can be bought back for cheaper. The borrower pockets the difference.
If the price of the shares go up, the lender can issue a margin call. Which is to demand the shares be immediately returned.
in a short squeeze, there are more shares shorted than exist in the market. If lenders start issuing margin calls, the borrower has no choice but to buy the shares on the market for whatever price they can get it. If a ton of people hold onto their shares and don't sell them, the price rockets up. This causes more lenders to issue margin calls and a vicious cycle continues until all the shorts exit the trade.
People use Robinhood halting buy orders of meme stocks as evidence of the market being rigged, but they don't understand how the market works.
It takes 3 days for a trade to formally settle and be complete. You can't legally retrade those funds until they settle. Robinhood literally ran out of cash to buy more shares with because of demand.
Fidelity never stopped buy orders of GME, just like many other large brokers.
I think I will wait a week or too before I make any judgments on the effects of the tariffs. I don't take the stock market having a shit fit as a sign of anything, they do that when Trump takes a shit.
I am just enjoying that the people I hate seem to be in distress over this.
i urge you and your assfaggot friend not to be so incapable of using thread search. here is literally him saying that americans will be poorer and no longer able to afford luxury items. no mention at all of other countries, no mention at all of other tariffs. if you both meant other countries would also be suffering, why didn't you say so? come on, bud, i need an answer for this. you guys have constantly dodged every point i've made with no actual point to make yourself. you have no retort to the fact that this is only affecting rich faggots, and that even a 35% increase on a 3 dollar gallon of milk only makes that gallon of milk 4.05.
if you are actually going to go completely destitute because of a short term increase of this small an amount on daily necessities, you are well WELL below the poverty line, and already qualify for multiple forms of welfare. what is the goal you're trying to reach here? you can't even keep the statements people make straight. i'm also not going to argue with you anymore on this shit, because you could not understand this any less if you had a degree in faggotry from the university of retardation.
You are genuinely one of the dumbest people on this thread.
Nobody said that "wasn't this only supposed to hurt america? weren't all the other countries in the world supposed to be totally insulated from any consequences".
Also you have to be extremely dumb to think this only affects "rich faggots", you really dont understand how tariffs work, "rich faggots" will be fine, the not rich faggots will see the price hikes.
But anyways, keep sperging.
don't worry, the thread has assured us all americans will be so deeply unable to afford food next week that we'll be rioting against trump for forcing us to starve, the paper mills won't have time to reopen.
but nope, we'll never get any concessions, america is doomed, and the line will never go up again. it's not like this is literally working right before the eyes of burger-suited doomers who know their crystal is warming up as we speak. fatpacks is far more entertaining than these aggressively stupid and uneducated niggers who actively do not understand the stock market, and think that because they gamble, they're better than other people. they'll go on and on about how the tariffs hurt the lowest classes, and then the only people complaining about it are the people who are apparently so high and mighty above the filthy poors that they think a poor person can't even understand economics. this is a new level of retard.
Normal people made millions off of GME. They did the math and realized it was being nakedly shorted and exploited the hell out of it.
A naked short is an illegal act where someone loans out shares that don't exist.
A short trade is a loan of shares, not money. Those borrowed shares are immediately sold for cash, and the borrower must repay the loan in shares. The bet is the price will fall and the shares can be bought back for cheaper. The borrower pockets the difference.
If the price of the shares go up, the lender can issue a margin call. Which is to demand the shares be immediately returned.
in a short squeeze, there are more shares shorted than exist in the market. If lenders start issuing margin calls, the borrower has no choice but to buy the shares on the market for whatever price they can get it. If a ton of people hold onto their shares and don't sell them, the price rockets up. This causes more lenders to issue margin calls and a vicious cycle continues until all the shorts exit the trade.
People use Robinhood halting buy orders of meme stocks as evidence of the market being rigged, but they don't understand how the market works.
It takes 3 days for a trade to formally settle and be complete. You can't legally retrade those funds until they settle. Robinhood literally ran out of cash to buy more shares with because of demand.
Fidelity never stopped buy orders of GME, just like many other large brokers.
I have an acquaintance who believes the entire global financial system is about to implode because of what happened with GME in 2020-2021. Literally believes the Trump Tariff is because of Gamestop and the shorts cratering the actual value of the global market.
