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/biz/ - Business & Finance


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26895253 No.26895253 [Reply] [Original]

Gamestop will be the end of the financial system as we know it

> past 12 months, the federal reserve has been printing money out of thin fucking air
> propping up prices of assets (aka stonks)

The rise in asset prices is a form of hyperinflation, where stock prices are completely divorced from reality (which made some people insanely rich)

Fed printed out money to boost asset prices, helping pension funds etc. meet their obligations

In a matter of weeks, hedge funds (and their parents) like the one that starts with a C will go bankrupt and start liquidating assets. Since hedge funds make up about 50% of the trade volume on US stonk exchanges, asset prices will plummet. More will follow, chain reaction.

These companies that have not generated any revenue for over a year now, they are going down as they should. The crazy valuations of your everyday blue chips, not unlike Gamestop itself, are going to go through liquidation proceedings, one by one.

Wall Street will not be able to stop it. Just a matter of time until they know it’s game over and will bail. This will undoubtedly be the biggest crash in recent history. Banks, pension funds, investment funds, will all default. This leaves thousands of workers unemployed, savings unwithdrawable (what is there to withdraw anyway?), pensions unpaid, bank runs, you get the point.

What will the Fed do?

Print more money.

Now we are talking real hyperinflation. Think reichsmark in the early 20s, or Venezuela to be a bit more contemporary. Consumer good prices will skyrocket unlike anything we have seen before.

Think why the founder of the operating system you are reading this from, why did he buy 250,000 acres of farmland worth billions of dollars?
The fed is over. The dollar will be worthless.

Don’t blame a certain company and the “establishment” for trying to save the hedge funds, or people stuck in these short positions. They want to save the whole damn system.

>> No.26895670

fuck this fucking system bro i'm still poor regardless

>> No.26896360

>>26895253
short (((them))) before they short your house

>> No.26896624

>>26895253
extract all your fiat to either metals or crypto asap, get off the fucking plantation

>> No.26896679

>>26895253
I really do hope you’re wrong.

>> No.26896825
File: 1.03 MB, 3398x2082, The Big Short Squeeze 2.png [View same] [iqdb] [saucenao] [google]
26896825

>>26895253

>> No.26896949

>>26895253
What's so funny about Chuck's Seed and Feed?

>> No.26897006

>>26895253
This is a fucking retarded take that requires an impressive amount of financial and economic illiteracy. Market valuations are high for several reasons, with Fed cash injections being one factor among many.
You will see asset prices normalize was COVID ends. But this will have more to do with blue chip stocks becoming a less desirable investment as the economy normalizes and other, more profitable, investments become possible again. Although blue chips will stay way ahead of fundamentals because theres so much cash floating around looking for a safe store of value, especially in developing countries where COVID has done actual, long-term economic damage and China where everybody wants to hide their gains from Uncle Xi.
GME might take out a hedgefund or two bu pretending like this is some great rebuke of the system is retarded LARPing.

>> No.26897146

>>26895253
Soviet Union will finally rest in peace once her best friend joins her in the afterlife

>> No.26897297

>>26896679
Don't worry, he is.

43 year old boomer here, I've been hearing this shit since the 90s and it never happens. March of last year was supposed to be LE EPIK CRASH too, until it stopped and V'ed right back up.

>> No.26897399

>>26896825
Pepperidge Farm remembers when systemic risk was supposed to be fixed after the 2008 financial crisis.
>>26895253
They're such billionaire heroes aren't they, selflessly making millions to protect the little guy. FUCK YOU.

>> No.26897404

Looks like the game...The GameStops here.

>YEEEEEEEEAAAAAAA

>> No.26897482

>>26895253
fucking based
>sell stocks for debt (bonds) at the top
>chill for a bit, maybe miss 2-3 months of the last possible gains
>stock market crashes, boomers commit suicide because their retirement is now worthless
>buy that shit back or just leave it, same diff
>"please sir, do the needful and buy my house so I can quit my wal-mart job at age 80"
>can do, dipshit codger, for 20% under FMV
>hyperinflation eliminates all my debt
>be poor but happy

>> No.26897499

>>26897297
"look mom, this anon is old AND retarded"

>> No.26897567
File: 12 KB, 320x213, 6a00d83451c83e69e2017d3cdfb82b970c-320wi.jpg [View same] [iqdb] [saucenao] [google]
26897567

>>26895670
fpbp

>> No.26897725

>>26897297
lol the crash was averted only by giving jews billions to buy their own stocks. let's just print another $4 trillion, bro. what could possibly go wrong?

>> No.26897823
File: 68 KB, 1007x1024, 1597575475372.jpg [View same] [iqdb] [saucenao] [google]
26897823

>>26895253
god I hope this post turns out to be true. I'm cash gang aside what I have in gme and I would love nothing more than to make a mountain of money on gamestop then buy up the ruins of an economy that should have cratered into the center of the universe ages ago

>> No.26898296

>>26896825
great summary to send to normies thanks for the grab

>> No.26898451

>>26895253
>Gamestop will be the end of the financial system as we know it
You're retarded. Mark this post

>> No.26898877

>>26897297
40% of the American dollars currently in existence were printed in the last 12 months

>> No.26898938

>>26897006
>asset prices normalize
Hard to say. Western countries have entered a debt trap and the system is unable to react in a normal fashion.

>> No.26899336

>>26896825
WITH NO SURVIVORS

>> No.26899602

>>26895253
So you bought your DOGE already then right?

>> No.26899733

>>26895253
I think they will just fudge the numbers and keep going, just like they did in 2008.

>> No.26899802
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26899802

>>26895253
Good.

>> No.26899897
File: 3.39 MB, 312x290, 1387900219671_chloes-infectious-laugh.gif [View same] [iqdb] [saucenao] [google]
26899897

gamestomp stonk causing market collapse would be hiilariouuuzz

>> No.26899898

>>26895253
Its gunna suck when your average anon/redditor has to pay $300 for a bag of tendies, but here we are.

>> No.26900184
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26900184

>>26895253
lame bait

>> No.26900481
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26900481

>>26897404

>> No.26900704

>>26898877
So what?

>> No.26900928

>>26900704
>this is fine

>> No.26901112

>>26898877
Wait......for real?

>> No.26901167

>>26895253
this is about integrity in games journalism
I hope they all die

>> No.26901906
File: 32 KB, 667x406, STAY RETARDED.jpg [View same] [iqdb] [saucenao] [google]
26901906

guess you shouldn't have built your society on top of a casino economy then. sucks to be you.

>> No.26902204

>>26896825
Well that sounds terrible.

>> No.26902296

>>26902204
If you're a jew or a boomer. Why the fuck would I care?

>> No.26902558

>>26901112
old money in banks are constantly being burned and replaced with new money by the government, that's just how it works, it's not bad, it just makes it so that you're not paying with paper made in 1865, and additions are made to bills like the blue stripe on $100s

>> No.26902563
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26902563

>> No.26902609
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26902609

>>26895253
Whats the best way to short the lives of the people who did this?

>> No.26902701

>>26902296
Huh?

>> No.26902703
File: 1.18 MB, 480x270, good_luck.gif [View same] [iqdb] [saucenao] [google]
26902703

>>26895253
I just want to say, Good luck, we're all counting on you.

>> No.26902813

>>26895253
>will be the end of the financial system
it ended last year when the plandemic started

>> No.26902856

>>26896624
Crypto needs a power grid and relative global peace. Metals, bullets, land and seeds. Cigarettes for the short term. Gas and vehicles also.

>> No.26902876

>>26896825
bro it looks like we just knocked down the banking cartel with a fucking meme...

>> No.26902934

>>26896825
I am rock hard right now. And I read that in Christian Bale's voice.

>> No.26903062
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26903062

>>26895670
I was broke when it started, I'll be broke when it ends, but if I can drag down some Ivy League grads who thought they could play life on easy mode with me? Bet your ass I will.

>> No.26903119

>>26895253
post nose

>> No.26903199

>>26897725
Nothing if the West + Fancy Asia jump off the cliff into Modern Monetary Theory. Everything if China watches the West + Fancy Asia jump off a cliff and offers to put the old world back together.

>> No.26903389

>>26895253
Idk i think there will be selloff, prices will tank
buy the dip.

>> No.26903682
File: 1.73 MB, 498x395, jevil.gif [View same] [iqdb] [saucenao] [google]
26903682

>>26896825
CHAOS CHAOS
https://youtu.be/rvYrUIkgHcU

>> No.26903885

>>26895253
Black rock holds shares. Other institutions allegedly do as well. If this is true, you’re wrong. Just the free market doing what it does.

>> No.26903994

>>26903062
based

>> No.26904134
File: 278 KB, 800x378, gang-weed-bottom-4992bc7792.jpg [View same] [iqdb] [saucenao] [google]
26904134

>>26903062
now yuo see...

>> No.26904135

>>26899897
Beware the ides of March, where were you when the GAMESTOPPED.
I love it

>> No.26904351

>>26895253
sorry bill gates you dont actuallyown land that you cant defend.

>> No.26904353

>>26895253
>citadel will go bankrupt
ight imma head out

>> No.26904378

>>26902558
how astoundingly deceitful

>> No.26904392

>>26895253
NOTHING EVER HAPPENS
O
T
H
I
N
G

E
V
E
R

H
A
P
P
E
N
S

>> No.26904440
File: 69 KB, 629x711, 1603595365686.jpg [View same] [iqdb] [saucenao] [google]
26904440

If Gamestop is the catalyst for the end of our era, I will be beyond words. Truly clown universe.

>> No.26904510

Told you to load up on UVXY calls noob

>> No.26904705
File: 17 KB, 370x320, DfA_xUMUEAUFqmW.jpg [View same] [iqdb] [saucenao] [google]
26904705

>>26897404

>> No.26905670

It's a shame Robinhood wasn't around when Blockbuster was dying. That would have been a way better company to end this shit with.

>> No.26905729

>>26896825
The big short 2: GameStop Boogaloo

>> No.26906228
File: 161 KB, 500x600, 1320730419614.png [View same] [iqdb] [saucenao] [google]
26906228

>>26895253
FUCKING GAMESTOP

>> No.26906550

>>26903062
Basado

>> No.26906627

>>26904440
it was only ever about integrity in games journalism

>> No.26906666

>>26905670
It's funnier to have this linked to gamers

>> No.26906742

>>26895253
Theyre just gunna get bailed out again dude.

>> No.26906931
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26906931

>>26904440
>If Gamestop is the catalyst for the end of our era, I will be beyond words. Truly clown universe.

The great honkening soon approaches.

>> No.26907191
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26907191

>>26906742
exactly. 'internet terrorists attack the financial system'

>> No.26907280

Lol cryptocurrency market is gonna skyrocket

>> No.26907300

>>26895253
BUY SILVER

>> No.26907541
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26907541

>tfw the game stops

>> No.26908237

>>26895253
>Muh haypurrflashon
It's like summer 2020 again
Talk about short squeezing
You're about to get squeezed on da dolla

>> No.26908579

>>26896825
M-M-M-M-M-MONSTER KILL KILL KILL

>> No.26908957

>>26895253
Nietzsche - “That which is ready to fall, shall ye also push!”

>> No.26909306

>>26906666
Nice post and great get

>> No.26909599

The great reset

>> No.26910236

>>26909599
Oh SHIT. THE GAMESTOPPED, THE GREAT RESET FOLLOWS!!!

>> No.26910341

>>26909599
I-It was the j-jews again?

>> No.26912080

>>26907280
im unironically surprised not more people are hyping the living fuck out of defi right now