Cascading Failure? Game Over? Banks that cover Hedge Funds at risk of liquidation?
(i.maga.host)
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arent you worried about the bank failing? bro I'm broke until next week...
You wanted a stimulus but it looks like Biden is going to be giving Americans another bill to bailout his buddies.
The banks can fail for all I care, but Biden will probably copy Hussein with the "Too Big to Fail"
What can we do to protect ourselves from this? Besides investing in something Physical, it's too late for that.
Depends how bad the market falls.
If you can't get physical investments then investing in a useful skill could be your next best bet.
So you missed this entire run up in crypto? Ouch, but you are in a safer asset. I'm still holding all mine. I see it in our future, should have gotten more silver/gold.
I didn't mean it is a bash. Sorry it came out that way. I just rode the bear market after 2017 highs and finally excited about this current run. So what happened with the taxes? I have not cashed out any yet.
For Example?
Hoping this is the scare event.
Military steps in and arrests all the bad actors.
Restores law and order, convicts & executes, and saves our finances.
Actually, praying, not hoping.
No money, no problems. Those bankers are about to lose billions of problems.
Robinhood's merry men from the village reddit took from the rich and gave to the poor. Now, the evil Sheriff Bidenham that's impersonating the King, took time from raising taxes to shut it down. Will the brave Lionheart return to his throne or just laugh as evil plotters reveal themselves for rigging the system?
Great write up! This is a big deal. Everyone is watching and there will be no winners in this game. Either the SEC sides with wall st (most likely in my opinion) or they side with smaller investors.
This is what happens when you get cocky and think that you will never get caught with your pants down.
So.... our 401ks??? what should we do with those? Where would be a safe option to stick the money for now?
And my parents (retired), that live off their stonks? Will all their life's work be gone?
Not sure, my Dad has a better answer on those sorts of questions but hasn't awakened and is still sleep walking...
401k......eh, not good. If this fallout is as bad as what I've been reading in a few places, the whole COVID experience will look like Disneyland.
If someone was looking for a single, cascading event to tank Biden well, this was it.
aint payback time a bitch! Let them bleed! They've been robbing us for decades!
Great Reset Needs the first domino to f a .......