Depending on how this all plays out I'm getting pretty thankful I've got an out of the way place with all types of useful gear I can get to with relative ease. I'm not some kind of survivalist prepper or anything, but something's going to go sideways with this eventually and I'm not sure it's going to go over very well at all.
Loving how Gamestop BBB, and AMC are somehow equivalent to small businesses in the everything's connected talks. Never change guys. I fucking love reading your theories.
I'm holding till someone bleeds. But it's a mistake to think the hedgies are being static about this, just because the retail plan is static.
Everyone has been talking as if the entire interconnected system could topple. But turn the table and treat it as a puzzle: if you were a hedgie given the situation on Tuesday, how would you solve the problem so it doesn't collapse?
My answer is: one systemic piece at a time. Then one trade at a time. Then repeat until enough pieces are solvent and the danger is past.
I haven't done the math, but I wonder if it's to the point where holding and paying the interest on the short is less catastrophic than paying them off at current market place.
They may have worked out a deal with the fed where digital money printer goes brrrrrr right into it. So while retail are hodling the bags and waiting for a sell, the banks just get richer from the influx of interest: Melvin gets covered for the interest and pays the interest to another. So money just cycles around while retail is hodling their dicks.
Either way fuck it. At this point, I'm never selling this stock. I'm going to show it to people like a bayonet scar to let them know I did my part.
I'm 50 pages behind, but My thinking is this. The "Left" Applies Blunt pressure, and the "Right" Applies Sharp pressure. You can see this in the whining. Hell Ryan Long made a Vid about it. The "Left Protested all Summer, and then the Right show up and fucking stormed the actual Castle!! The Left is so fucking Jealous. Soy Faggots. https://youtu.be/8j7VPct-FWw
I'm beginning to think this goes a lot deep than we suspect. I thought some of these reactions were just normal overreach and overreaction.
But it's strange they're holding out this long and going to such extremes....really burning the bridge here.
We know Melvin is balls deep in this, and Citadel is balls deep in Melvin. After Citadel you have the mysterious illumanti BlackRock, which I'm sure factors into this (blackmail is a hella drug).
But ignoring all that. What happens when Melvin goes tits up and cannot cover the spread: that risk goes to broker, and down the chain until it hits an investment bank.
Thanks to 2008 and Dodd-Frank, the exposure to existing banks from these cascading events are massive and worse than ever (at the time people called it a feature, not a bug).
What if everyone got together and said "2021, we know Covid is around for another year, full lockdowns coming, inflation, debt, failing american economy, etc. Let's short the fuck out of retail, smash them into dirt, so we make money and continue to solidify control over the economy while also double dipping to buy the remains on the cheap".
See, they now can buy retail business for the cheap, just like banks bought houses for pennies on the dollar after the subprime crash. And the existing retail business or assets don't mean shit....it's the land (which if you didn't know, American farmland and houses are being scooped up like hotcakes).
So the dominos will fall and start an unsustainable reaction in the market, which at this point is being driven on pure meth-like exuberance. Banks start to fold, money comes out of the market and into dollar hedges, the fed at the point *cannot* pump more money in the market, no actual growth to fuel the market while inflation skyrockets.
We saw today what happened to the markets with just a small little nudge of one hedge fund did.
The reaction is way overblown for a simple "oh we don't want this one hedge fund with 7 customers to die." Unless those 7 customers are like, Pelosi, the Clintons, the Bushes, etc. If a bunch of autists accidentally targeted a fund our unofficial nobility are using to make money off of fucking over America, well, that'd be peak 202X.
But the more I think about it the more I think we're looking at exactly what you said -- this is a failure cascade in progress, to borrow an EVE Online term. They're ALL massively overleveraged with risk, and if anything hits the house of cards, they're FUCKED.
And then, of course, there's...
This little thing.
They doubled the amount of money in the system last year, in order to prevent the economy from completely collapsing while they sabotaged things to harm Trump.
Which leads to another interesting chart.
What happens when money doesn't move but you start shoving more and more money into the system?
The reaction is way overblown for a simple "oh we don't want this one hedge fund with 7 customers to die." Unless those 7 customers are like, Pelosi, the Clintons, the Bushes, etc. If a bunch of autists accidentally targeted a fund our unofficial nobility are using to make money off of fucking over America, well, that'd be peak 202X.
But the more I think about it the more I think we're looking at exactly what you said -- this is a failure cascade in progress, to borrow an EVE Online term. They're ALL massively overleveraged with risk, and if anything hits the house of cards, they're FUCKED.
They doubled the amount of money in the system last year, in order to prevent the economy from completely collapsing while they sabotaged things to harm Trump.
UNHOLY HELL! THAT'S IT!!
Certain businesses were given preference during the initial Covid lockdowns and others with the means began to spike in profits. It could be coincidence and gamblers taking advantage, but what if the protracted lockdowns AND the riots were part of a three-pronged attack of consolidating more power in the hands of a few? Consider also what's going on with farmland and Monsanto with Biden's executive orders and suddenly I'm getting a little convinced this was somewhat, to some degree, coordinated.
- The lockdowns,
- The lack of actual financial support/relief to those businesses who need it,
- The riots looting and destroying everything,
- Further lockdowns and further arbitrary regulations making running those businesses to any real profit nearly impossible...
Then the vultures of Wall Street start circling the dying businesses and picking them off one-by-one in the stock market with all the money going back into the system of the wealthiest of the wealthy and their financiers.
This echoes so much like during gamergate when we were talking about how incestuous fag journos were and suddenly fell down a rabbit hole of DARPA, Bill Gate's connections, Common Core, the Obama administration, etc. Genuine conspiracies we had no idea were going on but stumbled into simple because out autism kept going.
What if WSB has unintentionally uncovered part of a major operation--be it a conspiracy by a rich cabal or simply a serendipitous collusion by those with similar goals--by certain people and that's the reason the vultures are reacting like this even now?
These bastards aren't just being opportunistic and greedy here--they are all, for their own various ends, actively trying to destroy.
A lot of what has gone on over the last 15-20 years starts to make a lot of sense when you view it as class warfare against the middle class. The oligarchy has been squeezing the middle class from both sides. The middle class can't be allowed to exist, because they still have the resources and capability to fight back if they choose. 2020 was the year the mask came off. Antifa/BLM burning down small businesses while the big companies that used to get targeted back in the 1990s/2000s egged it on. Governors forcing small businesses and restaurants to close down or operate at limited capacity. "Small business" loans getting siphoned up by publicly traded companies while they debate the fiscal impact of giving working people $600. At this point if you can't see what's going on there is really no hope for you.
The governor of my state, in his infinite wisdom, has finally allowed restaurants to open for outdoor dining... in the middle of winter, when half the state is drenched in rain and the other half is freezing cold. Now he's even allowing some indoor dining, but only if you have doors or bay windows to open. Enjoy sitting in a wind tunnel freezing your ass off and having your food get cold before it even gets to you. And restaurants, enjoy paying your heating bills. Good thing most of our electricity comes from hydroelectric dams (which the Democrats want to demolish)
I really do not want this to be true. The implications are absolutely horrifying. if this is true it would be nothing less then an act of war perpetrated on the American people by these investment funds with at best the approval by inaction of our government. I really really do not like what this drama is pulling into the light.
For now I am going with these funds assumed the Covid lockdowns would kill these companies. Rather then these funds pushing the enforcement of these COVID lockdowns to kill these companies.
I’m taking solace in the fact the California, Michigan, and New York, etc. are easing lockdowns now. If they were all in on this, they would be doubling down on them (cases and deaths are at the highest ever officially.) I think it was still just to fuck Trump and justify the change in voting procedures.
The riots were a fundraiser and voting drive for the DNC. All those corporate donations to BLM went straight to Actblue and from there into DNC causes. And Just like 2016, now that the election is over, so is BLM.