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Frostie-Flake
Louis Rossmann
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Comments by "Frostie-Flake" (@PlanetFrosty) on "An alternate perspective on $GME from a hedge fund PM." video.
Here’s the real story, if you check Melvin and the other players, they are hung out to dry in China, they have no real financial data and they’re playing games to cover BOND DEFAULTS in the Chinese market into the billions. YOUR GUY IS A BOND TRADER. Yes, it is complex. BLACKROCK and JP Morgan are exposed almost $3Trillion! Satellite imagery shows the “big dark” in China as industrial output collapses in key areas. Your guy you quote is partially right, but they’re covering their China bonds and stocks with US Shorts as they try to help a Chinese company acquire Game Stop assets I suspect, it’s more complex than even that. THERE IS NOT ENOUGH MONEY IN THE WORLD TO FIX THIS AS CHINA NATIONALIZED EVERYONE’S SAVINGS. He’s right they do offset, but he knows he has no good data on China. CHINESE are buying iPhones and Tesla cars and American/EU products to put there money into products they can trade, because government confiscation of savings. Ask Jack Ma who had a plan to help, but Xi Jinping shut it down.
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THIS STORY DOESN’T EXPLAIN HALT OF OTHER BROKERS. Was TD Ameritrust cash short? Charles Schwab? Several other brokers? He’s bond trader possibly with questionable Chinese bonds in his portfolio and short positions are covering him from another unit.
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