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Auroraalpha 25 points ago +25 / -0

TL:DR: Ancaps beat the Ancoms in actually hurting Billionaires.

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deleted 10 points ago +10 / -0
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Auroraalpha 11 points ago +11 / -0

It depends entirely on how the funds squeezed are funded. If they are made up of your 401ks, then basically you have paid money to someone to lose money for you. This does not appear to be the case for funds like Melvin Capital.

The other way is if the funds in question do a massive selloff elsewhere to cover for these losses. So you get hit by 2nd and 3rd order effects, as your other stock prices tank. This only happens of they reach a point where they need to raise cash instantly. I dont think this appears to be the case yet either, since the prime culprit, Melvin Capital just got bailed out.

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Trump2024 2 points ago +2 / -0

Didn't they just get bailed out but then jumped right back in?

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Auroraalpha 2 points ago +2 / -0

From the looks of it, yes. But they told CNBC thet got out, however trackers still indicate GME stock is overshorted.

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RStroud 4 points ago +4 / -0

The sudden interest in retail investing is the bigger indicator here. The optimism for "stonks" is bringing in folks from the sidelines, and the Fed's perpetual growth monetary policy is feeding the "stocks can't lose" sentiment. Plus, record low returns on debt moves even more people into equity products.

With US demographics, we have a large portion of the population that is dependent on equity investments to maintain their retirement. If that fails, many will (be forced to) return to the labor market on some capacity.

We're potentially looking at high inflation, high unemployment, loss of wealth in nominal and real terms, defaults on debt across the board. Funny thing is the the bail out is going to be worse than the bubble popping. The Great Reset is repackaged feudalism.

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a_grassnake_01 2 points ago +2 / -0

As opposed to the already coming disaster?

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Hunter1970 2 points ago +3 / -1

Boomer retirement funds? Are these the same boomers who let gubmint run unchecked for 50 years?

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deleted -4 points ago +1 / -5
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Hunter1970 4 points ago +4 / -0

Trump didn't lock it down, dems did. Even an uncompromised judiciary would treat masks like pants, there's no winning there, there is no precedent for establishing a line. The vaccine is bullshit but it's what the karens wanted, blame your mom. But yes, our grandchildren will find it pathetic we were given a free tour of the capitol and we let rando anarchists trash the place.

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deleted 1 point ago +1 / -0