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re: Ian discussing GameStop; reposting here from the Money forum

Posted on 5/14/24 at 9:15 pm to
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15872 posts
Posted on 5/14/24 at 9:15 pm to
Gordon Gekko meets The Big Short.

If what he says is true about the interconnectedness of the positions and the balance sheets of the FIs with the derivatives... ouch.
Posted by Matthew Foley
Member since Apr 2021
40 posts
Posted on 5/14/24 at 9:34 pm to
I’m no expert. But, with commercial real estate about to shite the bed, the crap ton of money we’re sending everywhere but here, and the ever second rising deficit, the only way to stop what this guy is talking about would be another halt or freeze on trading. That might be enough to piss off people enough to do something
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