Translation: We are watching the Fed printing press go Brrrrrrrr.
Translation: We are watching the Fed printing press go Brrrrrrrr.
GME is at $237 as I type this. I realize to most of you it's noob meme shit, but this whole thing really got me more active in trading, and it's been fascinating to watch.
In other news, Roblox IPO in the AM - cya there!
A must read.
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The Best Way to Rob a Bank
I think that the collapse of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill andwww.epsilontheory.com
Before the meme stocks I was just holding boomer stocks long, the meme stocks got me into being a more active trader.. for good or bad![]()
Unless theyre named social security.They should teach in finance school that eventually Ponzi schemes do go bust, it's the defining feature of a Ponzi scheme after all.
That's the government though so it's okay, they cheat and scam the legal way.Unless theyre named social security.
I think the meme stocks got a lot of people here into trading more. I mean, if you can take advantage of it then it's not noob meme shit at all... if you are a bag holder at the end of the day, then maybe that's a different story.
I think I've made a modest 5k or so by now on GME. I'm afraid to hold the stock longer than a day.
Before the meme stocks I was just holding boomer stocks long, the meme stocks got me into being a more active trader.. for good or bad![]()
There is a huge section of the population that's lucky that the government takes some tax percentage in a forced retirement system. I'm sure most of the members in this particular forum would be ok if they could manage all of their FICA taxes themselves, but there is a huge section of the population that would be absolutely fucked and the welfare system would be even worse (if that's even possible).That's the government though so it's okay, they cheat and scam the legal way.
There is a huge section of the population that's lucky that the government takes some tax percentage in a forced retirement system. I'm sure most of the members in this particular forum would be ok if they could manage all of their FICA taxes themselves, but there is a huge section of the population that would be absolutely fucked and the welfare system would be even worse (if that's even possible).
Can't go bust when you control the Fed printing press. Brrrrrrrrrrr.Unless theyre named social security.
There are also no classes in school that go over the importance of 401k's, Ira's, savings plans, etc. Though I guess there's an incentive to have a section of the population that are dumb consumers constantly keeping the money flowing back to the corporations while feeding off of debt that goes to the banks
People buying the $1500 strike calls for TSLA that expire in 3 days. Why can't these dumb fucks just give me the money instead throwing it away. SMH.
It’s like 1$, I’ve seen stupider plansLet's be real, Tesla going to 1500 by Friday wouldn't be the strangest shit we have seen in the market this year.
Hell, it wouldn't even be the strangest shit THIS WEEK. Lol