If you thought 2020 was off the hook, how do you like 2021 so far?[1]What I'm getting from this Gamestop oopsie is that it's as Mr. Jeftovic says: "a generalized revolt against financial repression and asymmetric rulesets (a.k.a 'rules are for thee, but not for me')." I don't understand how the day trading peasants got together to drive the Gamestop stock price high but it's clear that the in crowd rallied to prevent the horrific result that some dirtbag, scum-sucking, bottom-feading, manipulative hedgefund got to drown in its own insider cleverness.
So what isn't patently lunatic is fixed. And The Great Reset is a benign course correction for which we can all be grateful.
Jeftovic's article also sheds light light on the manipulated nature of the silver market. I can't add any insights to that other than my plebian observation that no matter where you look America closely resembles the opening scenes of Ingmar Bergman's movie "The Seventh Seal." Or what could be seen of that Other Place when Ned Wilcox of Stephen King's novel From a Buick 8 opened the trunk of that strange car impounded in the highway patrol garage.
Who are these swine who decide what we can do, think, read, and say and change the rules at will?
An aside: King's book was a pleasure to read for its portrayal of the people working at that Highway Patrol post as kind-hearted, normal people. Refreshing in retrospect after years of lies about the portrayal of all of our cops as psychopaths and our institutions as irredeemably rotten.
Notes
[1] "Could #WallStreetBets Be The Early Innings Of A Financial Arab Spring?" By Mark Jeftovic, ZeroHedge, 1/29/21.
No comments:
Post a Comment