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/biz/ - Business & Finance

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26720695 No.26720695 [Reply] [Original]

I dont know anything about the economy or stonks but this looks similar to the 2008 crash.
Is this where we're going? I need some big brain to explain me whats gonna happen next.

>> No.26720808

>>26720695

The economy was already completely fucked
Reddit is just accelerating

>> No.26720847

>>26720695
no 2008 was elite fucking over people with housing prices and then they got bailed out for no reason and tax payers still to this day pay for what they did

>> No.26721203
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26721203

Yes, but wont happen because the trades has been freezed, they wont allow to sell the stocks of thoose who bought beetwen yesterday and today, they will deem thoose transactions illegal or at least manipulated, you literally cant speculate over the market through social media, I dont know why this never happened before but you just cant, dont believe what nigger of biz tell you, it is indeed illegal if proven, and it will ge proved, the market cant collapse now amidst a plague and they wont let that happen
the proof is you cant sell your GME stocks now, because there is no liquidity to pay them all atm, crazy shit

>> No.26721332

>>26720847
What happens if Melvin Capt also gets a bail out? Can they even get one?

>> No.26721360

>>26720695
This is a single stock and a massage hedge fund. This might upset the balance to say the least, but it won't cause a depression or recession, Hedgies are nervous cause their shit's going down, and all news sites are shills.

>> No.26721364

>>26720695
Sort of. If the bankers get bailed out over this whilst everyone else starves, we might just unite the left and right to eradicate the merchant caste. /jk
But seriously. Watch out for the death squads of people who have given their last cent to GME and are willing to die to remove the snake in our midst.
>Never let evil take root.
>If you do, tear it out.

>> No.26721377

>>26720695
Retarded hedge fund collapsing will just hurt their clients. They'll be the ones to get over it.

>> No.26721464

>>26721203
>the proof is you cant sell your GME stocks now,
This is like when I tell kids you can't post your password in chat ******** look

>> No.26721593

>>26721464
You cant sell dude, you havent noticed yet?
all movement are restricted

>> No.26722753

>>26721593
nah people are still cashing out right now

>> No.26722858

>>26721332
They got one already and they used it to double down on their shorts

>> No.26723314

What about Dillards inc? Are they shorting this stock as well?

>> No.26723552
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26723552

>>26721203
>YOU CANT JUST PUMP AND DUMP MY SHORTS GOY YOU JUST CANT ITS FUCKING ILLEGAL YOU NIGGER CATTLE GOYIM, STOP THIS RIGHT NOW

>> No.26723623

>>26720695
not yet, but in a couple of weeks yes