posted ago by AmazinKrackin
+704 / -2
Gamestop did a lot of things and most importantly it let us continue down that rabbit hole. We are imbedded now and we keep finding out more and more on how deep it goes. Before they could just stick their arm in and pull us out before we could see too much but the arm can't reach us anymore.
Gamestop did a lot of things and most importantly it let us continue down that rabbit hole. We are imbedded now and we keep finding out more and more on how deep it goes. Before they could just stick their arm in and pull us out before we could see too much but the arm can't reach us anymore.
2008 was only 13 years ago.
If Gamestop opened up people's eyes to how Wall Street works - then they either have the memory of a hamster, or else they are young and never learned about 2008.
You guys need to start protecting your interests now. Once Xiden's $2k stimulus and green deals get put through, we're going to be in a really bad way. Expect inflation to go through the roof.
What we just did was start the snowball rolling down that hill...
https://www.zerohedge.com/markets/could-take-dollar-down-alasdair-macleod-warns-theres-real-crisis-winds
My wife keeps trying to get me to put all of my retirement savings in to a 401K. I have NO desire to let Wall Street or the Stock Market decide whether or not my retirement is secure.
instutionally backed shorting leads to external pressure to fail on struggling business. it's literally making money on failure and it incentivizes public sabotage of companies you short.
This Gamestop movement is a real ballbuster for the hedgefunds and their secrets are being exposed. The great thing was using Gamestop, a brick and mortal that everyone knows to do it. If they used some vague tech start up or some three lettered company that no can put their finger on it would have not had the same effect.
I believe this whole GameStop thing is nothing but a distraction for how poorly the markets are performing under Dictator Biden.
People complain about Wall Street, then they put their retirement money in the hands of Wall Street? It's stupid. You know they are using you. Why don't you get out?
What ever happened to it? Did that hedge fund go broke or what?
Wallstreet is a money transfer Station. Taking your money and giving it to the people who Keep you a slave. All of what you saw last year was funded by you without your consent. And we are all convinced that its gonna start with biden. Its just going to accelerate with biden.
I know everybody is mad at everything right now... but the market itself is not the bad guy. As far as putting your 401 somewhere else, where is that?
Real estate crashed in 08, thanks to democrat policies that allowed that to happen. That can happen again. It can happen in every investment, the risk is inherent in the bake. Why would anyone give you money for nothing?
Your investments always have a downside risk, hence the dizzying amounts of different possibilities. Choose the risk level you are comfortable with, or you will be up nights worrying about what everybody else is doing....
What? You think 401ks are comprised of failing retail stocks?
Top stocks are picked and rebalanced for 401ks. There are many companies in them.
These are companies that are likely to survive for the next 50 years.
You're an ignorant 12 yearold you don't have a 401k.