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bobknight33 (Member Profile)

newtboy says...

More idiotic stupidity. Anti-American wishful thinking, wishing the economy was tanking so you could blame Biden, but you would never under any circumstances give him credit for the boom…to the extent you actually deny the economy is doing well to avoid crediting Biden. 😂 It’s exactly what Don Poorleon told you to do…he hopes the economy will crash before the election because it might benefit him personally, who cares what it does to America. It’s why MAGA is outraged that a spending bill got through, they want another disastrous government shutdown, and would blame the left for the costly effects despite being the obvious culprits.

The economy is doing great, despite the ridiculous statements that you cut and pasted about “”survey based hope”, whatever the fuck that’s supposed to be, on Bulgarian site zerohedge, an extreme far right propaganda site that is so outrageous in its constant stupid lies only idiots can believe that it’s been banned from google and others for claiming pseudoscience and insane conspiracy theories as facts. https://mediabiasfactcheck.com/zero-hedge/
You cannot think for yourself at all anymore, to the point you can’t even read an article and give a synopsis, all you can do is cut and paste nonsense. What a sad useless state to be in.

And what do you get from them, more ridiculous prognostications of doom and gloom that absolutely never come to pass. “Sure, we admit that under Biden’s leadership everything is great now, way better than Trump left the country/economy, but it’s all about to crash because Biden is incompetent and has just been coasting on Trump’s success for 3 years.” You’ve been trying to sell that absolute insanity for 3 years now.

Facts- GDP up, wages up, inflation down, stock market booming, jobs still at unprecedented high levels, interest rates steady. Is this “report” (that you know I’m not clicking Mr virus) just abut Tesla or Facebook or Toth Senchal? Trump org? Are its stats coming from Dementia Don? Sounds like it. It’s certainly not about the country as a whole.
America’s economy recovered from the disastrous covid (non) response that was the worst among western nations (in 2020 1/4 of worldwide covid deaths happened in America under Trump, 5 times the worldwide per capita average), recovering faster and stronger than any other western nation.

You really need to try real news sources, not just propaganda sites that sell you stories you want to be true. Sucker.

bobknight33 said:

How that Bidenomics going. Not so good is it. The Biden economic clock winding down.

https://www.zerohedge.com/markets/bidenomics-blowback-survey-based-sentiment-collapses-hope-evaporates

Bidenomics Blowback - Survey-Based Sentiment Collapses As 'Hope' Evaporates


Under the hood was even more problematic:

New orders fell at a faster pace; signaling contraction

Employment fell at a slower pace; signaling contraction

Inventories fell at a faster pace; signaling contraction

Supplier deliveries fell and a faster pace; signaling contraction

Production fell at a faster pace; signaling contraction

Order backlogs fell at a slower pace; signaling contraction

Worse still, Prices paid rose again!

So, in summary: slower growth, declining production, shrinking orders, falling employment... and accelerating inflation - is it any wonder that 'soft survey' data is collapsing - not exactly election-winning headlines.




Biden's foreign policy is just as bad--- a bad joke.

FJB MEGA 2024

How America destroyed the Nord Stream pipelines

Airstrikes were meant to 'send a message' to Iran

StukaFox says...

This is interest. I follow a number of Russian propaganda channels on YouTube and read Zero Hedge. A few weeks ago, their tone became super-militaristic, talking about US/Russia/Syria/Iran/Israel conflict, and how Russia (of course) would kick everyone's ass. This previously happened right before the S-400 sales to Turkey and the Armenia/Azerbaijan conflict. I'm not sure what they're hinting at, but it feels like a telegraphed move is in store.

300 spartans hold their GameStop

The Gamestop Short Squeeze in 4 Minutes

vil says...

Why. Why are hedge funds allowed to play in a room full of gasoline and the "stupid public" isnt?

Neither of them are any better than monkeys with typewriters.

If a hedge fund can and does promise to buy back 140 % of some stock then it should be held to that promise and not bailed out.

This mostly boils down to information not moving freely in a "free" market and people making decisions without access to or understanding of vital information. Well theyre fucked.

You seem to allude to more regulation being necessary but its mostly the big operators on the market that need to be better regulated. Blaming the public is a side step.

StukaFox said:

You utter fuckwit.

Ultimate wallstreetbets, Gamestop, Robinhood summary/update

Brokers MANIPULATING MARKET to save hedge fund billionaires

vil says...

How many brokers shorted GME? Will the world crash if they burn and the whole market learns not to sell short other than as a hedge and/or in a quantity that is unlikely to not be available?

For me it is the shorting brokers that are doing something that is not acceptable. The kids are taking advantage and probably colluding, but that would not happen without the prior excessive shorting.

Obviously it had to stop at some point. Possibly regulation is needed for the shorts.

The funny part is that some of the liability is probably in the direction of people who have a stake in Robin Hood, and that was what got it stopped.

C-note (Member Profile)

Brokers MANIPULATING MARKET to save hedge fund billionaires

StukaFox says...

Sorry to be the little grey raincloud on this Hate The Hedges party, but you might want to understand the implications of what just happened

Y'know that fund that's getting all attention, Melvin Capital? Yeah, fuck them, right? Fuckin' shorters all shortin' and shit -- they played, they paid!

There's a reason they were bailed out and with all due haste.

Here's the issue: they were VERY good at the shorting game. So good that they actually had to turn away business. They made money like horses makes shit. When clients couldn't get in at Melvin, they went elsewhere. That opened the door to a lot of other firms basically mirroring exactly what MC was doing, which included shorting the fuck outta GME.

Fuck those guys too, right? It's their money, so why should I care?

Let's go back a few year, shall we, to the glorious chapter in finance and economics that was the 2008 Crash. Remember when Paulson lost his shit because he realized that in about 36 hours, the basic system called Western Capitalism was going to shit the bed; the bedroom; the whole house and pretty much every surface above the ocean within a planetary radius? This is sorta like that. Only worse.

The thing about short squeezes is that the losses can be infinite, and that's exactly why WallStreetBets did what they did. They knew if they bought and held -- diamond hands -- the stock would have to rise as the shorters had to cover their bets. Melvin Capital and a shit-ton of other, smaller firms had to do that and ran out of liquidity long before GME was even at $50. For every share of stock they shorted, they need to cough up another share at a higher value -- and they HAD to actually have the higher-priced share.

And here's where things get VERY ugly.

Shorting GME was such a sure thing that a huge number of shorts were placed. In fact, more shares of GME were shorted than actually existed. Oops. But hey, SURE THING, BABY and what's the worst that can happen?

Yeeeah, y'see where this is going now?

So these firms, not only are they broke, they don't have the shares, either. They need to come up with shares, pronto, at any price, because contractual obligations are a motherfucker in the finance world. But again, more shorts than there are shares and the people who have the shares, WSB and 4chan's /biz/, aren't letting them go. The longer they hold, the higher the price will go as short after short faces having to cough up the shares they borrowed.

A lot of people are about to lose a LOT of money -- the kinda losses that have so many zeros attached that looking at the number bores the eyes.

Back to 2008: the reason the whole world almost started Mad Max LARPing back then is that a narrow number of highly-important financial institutions were a wee bit thin on liquidity because they were having to pay it out by the boatload. That's bad. What would be better is if risk were more distributed, and how could that little plan POSSIBLY go wrong? Maybe a Black Swan event involving a huge amount of money that needs to be paid out by all of them due to this annoying bird.

That's where we are now, but no one even remotely knows what that figure is going to be. Again, (potentially) infinite losses multiplied by 150% times the number of shares actually available, multiplied by the dogshit risk factor on the loans and the leveraged payouts -- your best case scenario might be a loss of about $500 billion. Someone has to come up with that money, be it the Fed or other banks/investors, but that latter group has to come up with the money themselves, which is generally accomplished by selling profitable holdings. We all know what happens when a lot of people have to sell, right?

I always wanted to live in interesting times, thus proving what an utter fuckwit I am.

Brokers MANIPULATING MARKET to save hedge fund billionaires

newtboy says...

*quality
Shorting over 100% should be 100% illegal. By itself that’s market manipulation.
Any company that halted trading should lose their license to trade and be fined into oblivion, along with any employees that made those decisions. They didn’t halt trading when the hedge funds bet on failure so much they caused it.

C-note (Member Profile)

Rand Paul spars with ABC host over election integrity

vil says...

So was it stolen or wasnt it?

Everyone is biased and untrustworthy. Hedge your bets. Listen to everyone and dont dwell on what you already "know". Break those bubbles. Listen to people with proven records and known motives. For gods sake I get how people got hooked on Trump or Stalin or Michael Jackson, but Rand Paul? Rudy Giuliani? Beats me.

bobknight33 (Member Profile)

JiggaJonson says...

Also, that Epoch times site guy... and the company


I'm not wasting more time on your nonsense than I have to

BUT LET ME BE CLEAR I WILL MAKE THE BET - THROW DOWN IF THAT'S WHAT YOU WANT Ya' FUCKING SELL-YOUR-OWN-COUNTRY-OUT-FASCIST-WANNABE
+buuuurp+ ooo sorry about that, just came out, anyway.

im not wasting my time digging because idk it's like at what point do you tell a person who is suffering from a mental illness that you're not taking them seriously anymore?


+pats your head+




nevertheless, from a glancing of the sources cited on the wiki, there's an...odd? story behind this site?

-------------\
Introducing|>>>>>>>>>>>> The Epoch Times! The news source that is so honest we have no fucking clue where they get their money from...except probably china...probably.
-------------/

"The Epoch Times was founded in 2000 by John Tang and other Chinese Americans affiliated with the Falun Gong new religious movement.[26] Tang was a graduate student in Georgia at the time; he began the newspaper in his basement.[21] The founders said they were responding to censorship inside China and a lack of international understanding about the Chinese government's repression of Falun Gong.[27][28] In May 2000, the paper was first published in the Chinese language in New York, with the web launch in August 2000.[29]

According to NBC News, "little is publicly known about the precise ownership, origins or influences of The Epoch Times," and it is loosely organized into several regional tax free non-profits, under the umbrella of the Epoch Media Group, together with New Tang Dynasty Television.[18][21]

The newspaper's revenue has increased rapidly in recent years, from $3.8 million in 2016 to $8.1 million in 2017 (with spending of $7.2 million) and $12.4 million in 2018.[36] Tax documents of the Epoch Media Group indicated that between 2012 and 2016, the group received $900,000 from a principal at Renaissance Technologies, a hedge fund led by the conservative political donor Robert Mercer.[37] Chris Kitze, a former NBC executive and creator of the fake news website Before It's News who also manages a cryptocurrency hedge fund, joined the paper's board as vice president in 2017.[36]

A 2020 report in The New York Times called The Epoch Times' recent wealth "something of a mystery." Steve Bannon, the former executive chairman of Breitbart News who produced a documentary with NTD, said "I’d give them a number" on a project budget and "they'd come back and say, 'We’re good for that number.'" Former employees say they were told The Epoch Times is financed by subscriptions, ads and donations from wealthy Falun Gong practitioners.[21]

something to watch on mushrooms

White supremacist Kenosha County Sheriff david beth

StukaFox says...

Dude! He's calm and rational compared to the seething batshit that's emerged from under their collective rocks since Baby Rambo decided to start his murder spree. These fucking people are crazy, even by American standards. This shit isn't even limited to Zero Hedge and 4chan anymore -- you run into on pretty much any site dealing with finance, much less totally political sites. They're not even remotely shy about wanting to kill BLM protesters and anyone they think is ANTIFA.

Welcome to the end game, motherfuckers, and the worst part is that I have to live it with you because an American passport is totally worthless now.

newtboy said:

He's just saying what they're all thinking.



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