Quote:
Originally Posted by BishopMVP
PS if you want the conspiracy angles, any thoughts on why every big bank is selling unprecedented amounts of bonds when we're finally transitioning from LIBOR to SOFR? #CashGang
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There's a small part of me that is legit worried about the greater stock market at a whole. Not because of GME but just because of all the fuckery that's clearly going on (and, yes, I get that it has been going on for a long time). But I think we all pretty much agree that very little was fixed after 2008. That makes me worry we're just going to have this frothy mess of bubbles with panics every few years just like there were from the late 1800s until Glass-Steagall in 1933.
A couple of cute shares of GME aren't going to protect me from hyperinflation or a 2008-style crash to my 401k.
SI