reddit.com/r/wallstreetbets <---- go post and further socialism
edit: wtf they removed the post
Hedge fund demons and the ruling elite vs. Online ™ - this is history :michael-laugh:
WSB gonna be submission locked soon
AOC on the situation: https://twitter.com/AOC/status/1354536220110577664
I'm not gonna pretend like this is gonna turn wsb into a bunch of revolutionaries. But watching this from a safe distance is the funniest thing on the internet this year. The idea of a bunch of wall street goons losing literal billions bc of reddit nerds doing a bit is incredible
It's a tie for me between this GME shit, and Travis View from QAnonAnonymous suing Rep. Marjorie Taylor Greene for blocking him on twitter.
The last time he talked about it on QAA was so funny I listened it it again, just amazing. I wish there was video so I could see the look on Julian's face.
Travis read out the letter sent to MTG on the QAA Twitch Stream last night
According to the AP they've lost an estimated 30 percent of their assets, which would be around 4 billion dollars.
There’s unlimited risk, and from what I’ve read there’s no way at this point to close their positions (idk finance lol). So they’ll probably go broke!
Yeah best outcome of this is probably a couple mid tier hedge fund guys commit suicide, but I’ll take any silver lining I can get
CNBC's David Faber said he is hearing a number of hedge funds are in similar trouble that Melvin Capital saw in its GameStop $GME and may need to be bailed out.
lol bye-bye global economy thanks to gamestop, poggers
First as tragedy, then as farce, then as even dumber farce, then as just a whoopee cushion except it's actually filled with human farts
A lot of hedge funds are selling big name stocks to cover their losses which combined with the recent earnings report may result in another crash
Totally normal and cool economic system where a bunch of crazy hyped up people on a reddit sub can potentially provoke a market crash.
anybody else remember this?
https://en.wikipedia.org/wiki/Long-Term_Capital_Management#1998_bailout
Justin Jackson is a good guy to start with cuz of his NFL background. Honestly surprised he hasn’t been Kaepernick’d yet
He's a third string back on a mediocre team. The fossils who control the NFL aren't aware enough of social media to notice him
The top post now is Saagar Enjeti, who posted his own tweet from his own Reddit account apparently.
“All I’m saying is, if insider trading is illegal,
outsidertrading should be illegal too.”
Posted a picture of this elsewhere, but some of these comments make me want to tear my hear out.
https://old.reddit.com/r/wallstreetbets/comments/l67c0p/truth_about_gme_effect/gkyxcpe/
"Man we're spending too much time on the whole left vs. right thing anyway. It's us poor young people against rich old boomers. They already fucked so many things for us, this is just us taking a penny back from the dollar they stole."
"Yes! It's the workers vs the owners! Not left vs right."
Too lazy to look up episodes, but Chapo Trap House is a very popular socialist podcast that has talked about Prop 22 multiple times on their show both before and after the vote.
EDIT: I'll be just not-lazy enough to search "prop 22" in their descriptions and "Episode 464 - Live MAS (10/19/20)" briefly talks about it at the 50:52 mark.Appreciate it. Going to give that a listen today (on my gig driver shift lol).
which one of you fuckers did this
That may have been me. Couldn't stand someone being like "damn leftists are all stupid because they love things like prop 22, they think they're fighting the power but actually are benefiting big business!" when all I've seen from actual leftists is "fuck prop 22".
It's also worth noting that that episode starts with a bunch of talk about Jeffrey Toobin's Tube and old man balls and hole and then continues into cheering on Evo and MAS for winning in Bolivia. Prop 22 talk doesn't start until near the end, so I hope this guy actually listens to the whole thing instead of skipping to that part lmao.
i was wondering what was in the rest of the episode (other than mas obvi). fantastic pick
So close yet so far. I'm gonna start a group called the zenith that I say rises above left/right, but it's actually just going to be rebranded leftism for people who are allergic to leftist words.
Cos they have been brain poisoned to think left = woke idpol only. If only we could convince them that socialism is really about fucking over rich people and taking back whats ours.
That's what woke capitalism does :capitalist-woke:. Is there any legitimacy to woke capitalism leading to a rise in fascism, or is that just some dumb idea I had?
The posts about people paying for surgeries etc are simultaneously the most wholesome thing I've seen in a while, and completely infuriating that it took something this insane for them to be able to, you know, live.
Of course they removed the post.
Most WSB users are temporarily embarrassed billionaires.
The mods especially.
Wasn't there some drama where the mod team tried to monetize the subreddit lol
I don't follow them close enough to know, but I would not be surprised in the slightest.
Socialism for poo poo, rugged individualism for the pee pee
CAN WE PLEASE NOT SIMP FOR STOCK TRADERS?
Ancaps aren't suddenly revolutionaries because they happened to make one hedge fund lose money (and helped a bunch of other hedge funds make money, as per usual.)
I think this is a great opportunity to radicalize people, though. Most people I’ve talked to about this have a generally positive opinion of hierarchy being turned on its head (an-), while recognizing the insane casino monstrosity that is our economic system (-cap).
1000% this. I've browsed WSB a few times, never have I seen people quoting fucking Marx in the comment section
current top post: https://old.reddit.com/r/wallstreetbets/comments/l6c5tg/just_read_a_new_york_times_article_saying_the_sec/
SEC investigating WSB
Well yes, we can't have 'the poors' fucking over the rich. But letting hedge funds carry out obvious market manipulation? That's for the greater good!
