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/biz/ - Business & Finance

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>> No.27124903 [View]
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27124903

Let's imagine this scenario:

>GME short squeeze happens
>hedgies bankrupt
>investment banks bankrupt
>some other banks bankrupt
>however the entire economy doesn't collapse
>but it would be very close
>politicians scared to death
>the internet immediately sets their sights on silver
>big media attention
>hype
>politicians go on TV

"We were very close to having our whole economy wiped out with the GME short squeeze. Millions of people would have lost their jobs. This served as a striking wake up call to us all. Would it be morally sound for the government to manipulate the market in order to save a few hedge funds from losing money? Obviously not. However, would it be morally sound for the government to manipulate the market in order to prevent a global economic crisis? Yes. We are here to protect American jobs and do it is our moral duty to prevent the silver short squeeze from happening."

Then what?

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