I understand the idea that there is a massive short on GME, and that it will (eventually) cause an even-more-massive 'short squeeze', sending prices 'to the moon'.
What I don't understand is how that translates into an actual financial benefit to (real) shareholders - because of two 'holes' that I see (as an amateur).
The 'near infinite' nature of the debt seems to allow for two scenarios that may be 'the first of their kind'.
First - What's to stop the 'big guys' from simply 'erasing' the transactions that say they have a short position? If they 'own' the markets, can't they (in a big enough emergency) simply scrub the books? (Of course I know this would be 'illegal', but what's to stop it from happening?)
Second - If the loss to any one entity is large enough, what's to stop them from simply declaring bankruptcy (or some similar 'out')? How would you 'recover funds' from an entity that is no longer in operation (and/or doesn't have the 'infinite assets' that would be required to cover the new 'to the moon' price)?
If the Fed is on the hook, could that be why they printed so much money out of thin air recently? Do they know it’s inevitable?
🤯
MENE, MENE, TEKEL, UPHARSIN
⚡⚡⚡
The Fed is a major asset/liability of the privately owned "western/central banking system".
The BRICS system is marginalising them and will ultimately destroy them.
They know this and are acting accordingly.