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Debany Doombringer
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Comments by "Debany Doombringer" (@debanydoombringer1385) on "Former SEC Says GameStop Rebellion Like Storming The Capitol, \"Police\" Need To Stop It, ITS AFRAID" video.
Yes and no. If the market was functioning as it should, this would have affected little. The world economy is in the shitter, yet Wallstreet has been fine even gaining. Now why is that? If the market was working as it should, it would reflect the real economic situation. The reason it doesn't is because it's broken. People would not be legitimately investing in new companies in the current economic climate because risk of failure right now is high. Even in new tech startups because of the censorship and that Big Tech is intentionally destroying any competition. Yet " investors" have been making billions in the market while the rest of us are losing our jobs and far too many are now food insecure. Like I said, the system is broken. It's broken because they aren't really "investing" in companies anymore. They are investing in other investors and betting the other investors will like a particular stock. That's it. It's all just a scheme and game of rich people trying to manipulate each other and who can mess with the normies enough to change the trajectory of a stock so they can make more money. Because a very large group of normal just took a crap in their sandbox, they know they don't have the control. That means they lost faith in being able to continue to game the system which makes them think longer and more carefully about investing because it's increased their risk. Contrary to what they are saying, that's a good thing, because that's how it's supposed to work. Edit to add: They leveraged more stock than what exists at 140%. Unless the board allowed their stocks to be leveraged, that's illegal. They got caught with their pants down, and THEIR actions almost crashed the market. Blame should be to them because THEY created the risk.
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