“Originally, I understood it because they do have liability for sure. But what they did by completely eliminating buying, that was a bit of a red flag to me that there might be some other more nefarious things involved, like getting pressure from the people who are short,” Belfort said …
Read More »Man sets himself on fire on busy Moscow street in shocking video shared by Russian social media users (GRAPHIC)
A shocked passerby filmed the incident, as police and other pedestrians ran to help extinguish the blaze. A worker who had been clearing the pathway can be seen attempting to shovel snow onto the man in an attempt to put out the flames. The incident, which reportedly led to the …
Read More »GameStop investor clash will be won by Wall Street sharks because the game is rigged – analysts
The story of the American video game retailer went viral after a group of Reddit users launched a flash-mob, gobbling up the firm’s shares. The campaign resulted in GameStop’s stock price growing over 1,800 percent. The move washed billions of dollars out of the biggest hedge funds, which were short-selling …
Read More »Occupy Wall Street 2.0: ‘This time, activists intend to DESTROY the system from within’ – Max Keiser explains GameStop frenzy
“The fraud on Wall Street that’s been building for many years got so incredibly out of hand, and it got so obvious, that it caught the attention of social media day-traders, who pounced on a hedge fund’s vulnerability – from engaging in too much fraud – and they killed it,” …
Read More »Reddit investors vs. Wall Street: The GameStop saga (so far) explained
Potentially the biggest thing to rock the US financial system since the 2008 meltdown, it all started with GameStop, a bricks-and-mortar video game retailer. Already under pressure from the competing digital-purchase model, the firm found itself really struggling last year, with the lockdowns and subsequent economic slowdown severely affecting its …
Read More »GameStop controversy put AOC & Trump Jr on SAME PAGE against Wall Street – but panicked MSM smears Reddit traders as ALT-RIGHT MOB
The former president’s son responded to ruling-class efforts to crush the rally, including Thursday’s move by trading app Robinhood to ban its users from buying shares of GameStop and other stocks targeted by grassroots investors, by saying, “This is what a rigged system looks like.” Trump Jr. tweeted: “It took …
Read More »US stock market bubble may pop soon after Wall Street’s coronavirus bonanza, Bank of America warns
“DC’s policy bubble is fueling Wall St’s asset price bubble,” wrote a group of analysts at Bank of America led by Michael Hartnett, as quoted by Bloomberg. The analysts were referring to the US Federal Reserve’s (the Fed’s) monetary actions, as well as fiscal stimulus policies designed to mitigate the …
Read More »Defending Scrooge is a Christmas tradition for Wall Street contrarians, but maybe they’re onto something?
The redemption of Scrooge in Charles Dickens’s ‘A Christmas Carol’ doesn’t make many people unhappy. The cold-hearted miser learns that there’s more to life than accumulating profit, and resolves, at the end, to pay his workers better, treat others with kindness, and donate his fortune to the poor. Who could …
Read More »Putin says outrage over ‘anti-Islam’ cartoons & French street beheading is evidence that ‘multiculturalism has failed’ in West
In response to a question from RT correspondent Igor Zhdanov as part of his annual end-of-year press conference on Thursday, Putin said there was a fine balance between expressing yourself and insulting the feelings of entire groups of people. “Where is the boundary between one freedom and another freedom,” the …
Read More »Turn left onto Diversity Grove: Birmingham council ridiculed for woke new street names
Birmingham City Council demolished the old Birmingham City University campus in 2018 to regenerate the Perry Barr area ahead of the 2022 Commonwealth Games. As well as developing infrastructure for the games, the council set to work building the first of 5,000 new homes. And, in the spirit of democracy, …
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