I'd like to really hand it to the development of the community thus far.

I know all of this seems so trivial in the midst of the horror in Palestine as we all continue to watch month after month of the US deteriorate at faster and faster rates.

Does anyone else feel it in the air? "Social unrest" has declines quite a bit compared to last year, but the tension remains heavy in the air.

The US empire is currently watching very closely as China surpasses the limits of US comfort in power. The hegemony is now officially on the line, and the relative social silence and anxiety we have experienced for the past three months signals the preparation period for the bourgeoise for a period of high tension both home and abroad. They knew this day would come - their blackbox economic frameworks with concealed military power as the foundations could only last so long; it was only meant to outlast the USSR before being replaced by better.

I'm veering off topic, but I will yet again cry wolf and further embarrass myself here if wrong - this year isn't gonna be any more "normal" than the last one, and it's only gonna be ramping down from here until we reach an apex.

  • financethrowaway [comrade/them]
    ·
    3 years ago

    I'm super skeptical about the validity of this info. Superstonk is basically a doomsday cult. Not too long ago they posted all this proof that the shorts were never covered and that, one again, meant GME was going to take off. It still hasn't. At this point it just seems like a huge cope factory that has to spin up all this reasoning for why the messiah hasn't come yet. If they just add up the number in the Bible a different way (which they can do infinitely with publicly available stock information), then they get a new date of the return.

    Yeah capitalism is obviously a scam and no doubt hedges have some sort of system of graft with regulators and it's all a giant money making scheme. But I don't think that has much to do with why GME didn't "go to the moon." And the same people who still don't understand why they got exactly what they wanted, they just didn't get out in time, are now posting a bunch of spreadsheets and calling it proof that the squeeze is about to be squoze.

    I would much less take their technical analysis of the situation as insight and rather recognize this kind of coping mechanism as becoming increasingly common because people are more aware of the scam, they just don't have the vocabulary or right framing to explain it. Even when you push them on it, they know something wrong they just don't think the problem is capitalism. Until they do, we don't have any real radicalization going on. And the more I watch this GME shit spread to the crypto subs and really any investment sub, the more I'm convinced that this shit didn't do anything to actually push people left at all. They're not even rejecting the idea of rich people saving them, they're just mad it's not happening. They want it to happen, they expect it to happen, and every time it doesn't happen it's onto the next group of rich people that will do it. You can be frustrated at the system without questioning it. We sometimes confuse that frustration with questioning because we're coping too by hoping enough people on the internet think capitalism is bad.

    • cpfhornet [she/her,comrade/them]
      hexagon
      ·
      3 years ago

      I'll check back in with you in two weeks and we'll see if you still feel this way. I disagree, but I understand how it looks to anyone not closely following.

      Fully prepared to eat my words, but it doesn't seem that way to me now.

  • cpfhornet [she/her,comrade/them]
    hexagon
    ·
    3 years ago

    For those that may think this isn't important, I'd encourage you to read through Lenin's Imperialism and tell me he didn't get to that level of detailed understanding without studying the markets of the time. They are trivial in the face of human suffering, and that is why we must understand it at the detail level to reveal its basis in exploitation to the masses. It can only be destroyed through mass carnage or dismantling from understanding.

    Taking all suggestions for easier methods of destroying global capitalist markets and shelters, in the meantime I'm really enjoying Gamestop prove itself a contender.