Technology@lemmy.worldbyreturn2ozma@lemmy.world4 monthsPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.com English 140680702
5C5C5C@programming.devEnglish4 monthsI imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it. 69
Brave Little Hitachi Wand@feddit.ukEnglish4 monthsThe word is regulatory capture, and the game is upwards wealth transfer. 17
Passerby6497@lemmy.worldEnglish4 months I imagine this should count as illegal stock market manipulation, but the government would be too in on the scam to prosecute it. FTFY 11
BarneyPiccolo@lemmy.todayEnglish4 monthsThe MAGA government will get in on it. Trump will probably make some kind of ridiculous statement to kick off the plunge, so they can all profit on the slide, and rebuy at the bottom, and recycle the bubble. 5
excursion22@piefed.caEnglish4 monthsThis is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing? 5
I imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.
The word is regulatory capture, and the game is upwards wealth transfer.
FTFY
The MAGA government will get in on it. Trump will probably make some kind of ridiculous statement to kick off the plunge, so they can all profit on the slide, and rebuy at the bottom, and recycle the bubble.
This is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
The government did it itself just way bigger.
They’d probably encourage it
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