A friend of mine just sent this over to me. He's a noob and I'm a noob but in the true spirit of karma whoring for fake internet points I wanted to share and they said it's my funeral. Note we are both total retards, noobs and have no skin in the game cuz we too poor and can only afford plain popcorn, but we desperately want to see WSB succeed and Power to the Players! Do not take this as financial advice or god have mercy on your soul.
Uh guys… so we may see a crash that makes Enron look like a joke. There could be more than a short going on here, and more than firms pulling capital from other companies to cover.
I don’t mean to go all conspiracy theory on you, but hear me out.... I think everything is going so off-the-rails not because of the short, but because Vanguard, Fidelity and BlackRock have sold more stock than exists. This is illegal (duh) but it has happened lots of times in the past. In fact, we didn't have real laws against it until 2008. We may see some bizarre moves if WSB doesn't sell, because some people need to hide some crimes. No joke. Here's why I think this may be the case:
---------- The Background ----------
Read this first to understand how naked shorts work:
Basically, to short a stock, you must “borrow” the stock from another account, usually something like a margin account. This is something that typically the clearing house does on behest of the fund doing the shorting. Most people don’t even know when their shares are being borrowed by a hedge fund for the purposes of shorting.
A “naked short” is when you short a stock, but don’t confirm that the stock you are borrowing actually exists. This can happen when a clearing house either purposefully or inadvertently (ahem, sure) lends the same stock more than once. This basically clones the stock, just like an item cloning glitch in a video game. There are now two copies of the same stock in existence being actively traded… at least temporarily. Hold that thought.
Naked shorts can be devastating to the company being shorted, as not only do they lose liquidity because of the short, the cloned stocks serve to dilute the value of the real stocks being held by artificially increasing the number of stocks being traded. Especially for small companies doing initial investment rounds, this practically guarantees bankruptcy: the diluted value limits the amount of capital they can raise, as the company never s... keep reading on reddit ➡
We let them off easy after Nixon.
And you bet your ass they'll try to gaslight you into nearly forgetting/downplaying the Trump era. "Yeah I voted for him, but I didn't SUPPORT support him" "Well, he was better than Hilary" "I only did it for the innocent children in the womb" "We need to heal this nation... Let my past transgressions go" etc etc.
The sad thing is, they'll probably be successful in doing so.
We, as a nation, need to hold their cold, jumpy feet to the fire they themselves lit.
Edit: *persecution, obviously. Thanks, autocorrect, for always being autoincorrect.
Also, obviously, "not all Christians". Mainly evangelicals. However, the large... LARGE overlap between Trumpers/Conservatives/Republicans and Christians is undeniable.
Didn't expect this to hit all. Thanks for the awards!
Edit 2: Please read the edits. Correction and the self-evident caveat above.
As a medic, whenever I was loading a patient in the ambulance, a family member would inevitably run up to me, keys in hand saying “I’ll follow you to the ER”.
People in an emotional state following another vehicle will develop tunnel vision and forget all traffic laws. You will blow stop signs. You will follow me right through an intersection even if the light has already turned red for you. And you will slam into the back of the ambulance if we need to make a sudden stop. Remember, the patient faces backwards and can see out the back window as you blow a red light and get t-boned by an overloaded ice cream truck.
After we leave, wait ten minutes, take a deep breath and slowly make your way to the hospital.
I have heard so many complaints from teens who are forced to pay rent about their parents still entering their room without permission, looking through their stuff, taking their stuff and limiting use of utilities even though their parents charge them for them anyway. It really isn’t fair.
If you’re making your kids pay rent, treat their room and property like a real landlord would and anyone who doesn’t should face legal penalties.
I also believe that once kids are being charged rent, they should be free to make their own decisions, eg. Going out whenever they want or inviting friends over.
And if any of you are getting ready to comment about how they should move out if they don’t like the rules, this isn’t an option for everyone especially kids aged 14-16 who are being charged rent but aren’t old enough to live anywhere else.
So I'm not American. I chose to follow this account of my own accord. I went into the comments section (I won't give my opinion on the comments) of a post and people claim they are being 'forced' to follow that account, with some claiming they unfollow all the time but Insta forces them to refollow.
Are Americans forced to follow this account or are people lying to make it seem like something dodgy is afoot? What's going on with that?
Here is the post I saw which got me wondering - https://www.instagram.com/p/CKb1WWQnqLs/?igshid=1fqw60yo15c6v
Most people I know that are Christian are low key terrifying. They are very insistent in their beliefs and always try to convince others that they are wrong or they are going to hell. They want to control how everyone else lives (at least in the US). It's creeps me out and has caused me to have a low option of them. Plus there are so many organization is related to them that are designed to help people, but will kick them out for not believing the same things.