The United States(!) of A
https://www.reuters.com/article/idUSKBN29X1SW
70 Billion losses on shorts
Yeah my interpretation of the Gamespot and crypto meddlings is that they are in fact likely to be controlled opposition, due to the destabilising nature of the operations. This seems especially true of things that the mainstream media clamours to cover. In the past when something subversive has occured it rarely makes headlines. The fact that the Gamespot story and many crypto stories are being blasted worldwide indicate to me that someone has an interest in people being aware of this unusual happening. Drawing out that thought into possible psychological impacts of the stories are that traditional investor types will begin to lose faith in traditional markets when the weaknesses inherent within the systems are exposed. Thusly they may be encouraged to finally dip more than a toe into the waters of crypto. At the point of full immersion into this newfound and highly profitable market, they may find themselves in too deep when it turns out to be not quite as it seems. True conspiratorial thought is the idea that these subversive tactics don't exist. To deny the existence of conspiracy is to decide to misunderstand history; the assassination of Archduke Ferdinand, the Great Depression, Pearl Harbour, Operation Northwoods, the assassination of JFK, the Gulf of Tonkin Incident, Watergate, Iran/Contra, 9/11... not much digging is required at all to understand the truths of these events as being far different than the versions that are commonly accepted as fact. We can either trust our governments, or we can understand history, but we cannot do both.
The Latin phrase "cui bono?" is the credo of unbiased investigation. When we ask ourselves "who benefits?", we are able to see through the meddling messages of media and pontificating pundits to the core of the issues. For example, did Islam benefit from some apparent radicals blowing up the symbols of American capitalism, or was it in fact the Zionist owners, insurers, and military strategists who needed a new invisible enemy for the next two decades of global conflict? Perhaps that is still up for debate, though I have witnessed the increasing frequency with which the notion that 9/11 was a Deep State act of domestic terrorism utilising Continuity of Government is accepted in general conversation. Given enough time, people always gravitate towards the explanations that make logical sense.
Each to their own, but it is my personal opinion that crypto's anonymity and privacy may come back to bite many investors if they are in a position of needing accountability when things turn to shit. Institutions and establishments are important for that reason, it's just a fucking shame they are all corrupted and operate on moral systems that don't equate to human values. Cash based assets that can be converted into almost anything of value due to their intrinsic value rather than subjective value seem to be the safest bet going forward.
Similarly, we've given away the threat of accountability that has in large part kept us safe from amoral pharmaceutical practices. Who benefits?
One thing that I keep in the forefront of my mind heading into this, as I said in my last post, and you have my apologies for repeating myself here; No one thing lasts forever, Nazi Germany was around for less than 15 years. There is a light at the end of the tunnel and that light exists within self. We contain an innate intelligence that is far greater and more capable than we allow ourselves to believe, and that last concept of "belief" is the key. What we know to be true shapes our realities, and critical mass acceptance of such realities enables us to overcome such problems of financial crisis or deprivation by our collective will and a sense of the greater good.
Be moral, investigate your own values, live them everyday, and watch as the world changes around YOU to accommodate YOUR reality.
Sorry for the sermon, I got a bit carried away and now I'm late for a meeting haha
Late for a meeting ?
Is that you Tyler ?
Also, I've not been following this thread much so may have repeated things already expressed by others, apologies if I've just been beating a long dead horse in this conversation!
Who says socialism and capitalism can't work together?
Nice post cylinders, have a good weekend!
I agree cylinders Post was excellent, Bernie memes so funny, the Mike pence fly one got me giggling.
The wagons are circling hardcore for the US ruling class.
Just saw that Google has deleted 100,000 odd reviews of the Robinhood App which pushed it down to a 1 star rating. It’s back up to 5 stars.
Remember a few months ago when the offhand dismissal of Big Tech censorship was all the rage . And then a few months later when it was the politically unloved getting censored it was still all OK ? What about now when the censorship is being used to actively suppress the will of the people AKA democracy ?
Here’s Texas Senator Rand Paul- recently deplatformed and censored by Facebook- drilling the Biden appointed Secretary of State Blinken over his utterly appalling record of invading sovereign states under the auspice of “ regime change “ .
“On January 19th, the US Senate held confirmation hearings for Joe Biden’s Secretary of State nominee Antony Blinken. Blinken has a reputation on both sides of the aisle for being exceptionally qualified for the job of America’s top diplomat, which is surprising considering he was on the wrong side of every major foreign policy blunder of the last 20 years; Iraq, Libya, and Syria.
When Senator Rand Paul asked Antony Blinken what lessons he has learned from his disastrous foreign policy record in Libya and Syria, Blinken replied that after "some hard thinking" he’s proud that he has done "everything we possibly can to make sure that diplomacy is the first answer, not the last answer, and that war and conflict is our last resort."
Of course war is the last resort. Even the most hawkish war criminals would agree that war is the last resort. But the question is, war is the last resort to accomplish what? If war is the last resort to get a country to fully capitulate to Washington’s demands then eventually the US will be at war with everyone. To Blinken, war as the last resort can only be understood in the same way a mugger considers shooting his victim as a last resort to stealing their wallet.”
Robinhood caps maximum holdings in 36 stocks to just one share:
https://www.zerohedge.com/markets/robinhood-caps-maximum-holdings-36-sto...
"Why is this happening? The most likely reason is that between DTC, clearinghouses and other regulatory entities, Robinhood was found to be in another capital deficiency position - even with the billions raised overnight - and it is being forced to delever.
This likely means that Robinhood is as of this moment, scrambling to obtain even more capital, although we somehow doubt it will be just as easy to "take from the rich" as it was late last night especially since the client exodus is surely accelerating.
It also means that we may have to have another "Lehman Weekend" situation on our hands, only this time it will be a "Robinhood Weekend", and an urgent acquisition from a strategic buyer may be required to prevent the worst case outcome. We only hope that the billions in funds held in custody for clients is segregated should the company collapse (pinging Jon Corzine here).
In any case, expect a lot of Robinhood related news over the weekend."
Anyone remember MF Global in 2011? And what happened to their retail clients?
Cylinders, I like the cut of your jib.
Blowin, re your latest conspiracy theory, it ain’t bad. It has legs in my mind, relying on corporate common interest rather than back room secret handshakes. In truth, the GameStop episode is an example of a conspiracy, people acting in concert to bring about an event, which they succeeded in admirably, too well for the ruling class. And didn’t the ruling class get a fright, and act quickly.
Re the idea of creating a globalised currency, that would be bad for nearly everyone. Basically, nation states no longer exist in a world of one currency. I bet you’re right that some huge multi-nationals plus big finance types might see this as a great end game, they could pretty much rule the world from there, almost unhindered by government.
This might all blow over, but it also has the possibility of going as VJ suggests and the markets open on Monday to the sound of a mighty thwack. The thing about the GameStop action was that it was quite unique, like a virus looking for a weak host to proliferate. No amount of action by a subreddit thread could have made the slightest difference to a seriously big company, but GME was relatively small, the stock was being clearly manipulated by the moneyed set, there was probably some residual sentiment towards a gaming retailer among those kids on Wallstreetbets, and they just piled in. What I would be interested in is whether there was someone who had the idea and orchestrated it, or it was one of those organic ideas that just meld together and become viral.
What I think is a great story out of this is that a lot of young people have learned that by concerted common action they can make a difference and effect real change, a very socialist idea from the heart of capitalism.
Now, to watch the piggies squeal and change the rules to further protect the masters of the universe, our overlords in the finance and investment sector.
I’m a bit late with this one 
was there a story there for us?
seems a one way ticket to crazy town in the comments.
Comments.....you’re joking right ? I think I looked at that hot mess of weirdness once or twice before coming to the conclusion that to stare into the abyss etc etc.
I was thinking you might gain something from the article. I guess you probably already knew that Trump got lied to about the troops in Syria or that Biden is already doubling down in Iraq ?
More about the way the US imperialist machine is kicking back into gear. Wait ...is the idea of the US imperial machine too whacky for you ?
Or maybe the way that parts of the US government are making noises about turning the domestic surveillance and control up to 11 ? Yeah , crazy , crazy stuff that . Totally unlikely and unrealistic.
Those comments were worth a read. Just to see where the real lunatics hang out.
Fkn froot loop-polooza in that abyss.
Thanks for the link Blowie, and the prompt FR.
Conspiracy theories have some merit, but Occams razor is always a good starting point.
My interpretation of 'Occam's razor' is found in the statement "if it looks and smells like a turd it probably is a turd". Which when you think about it is exactly the reason there is such a growing number of ppl who are questioning a lot of things. They are seeing through the flashy confusing fear evoking headline charades for what it really is. A turd.
It sounds like you've learned a lot from your recent bout of research.
Occams razor: the simplest explanation is usually the right one.
There just is not a conspiracy under every rock!
Although if pick up enough rocks maybe you could find a conspiracy, then use those rocks to build a wall...
Build that wall! Build that wall!
Speaking of the wall, i saw Biden has stopped construction of the wall, putting a huge amount of people out of work (I'm sure the article i read said 2,000) and all the metal building materials are now just abandoned.
But the contracts still have be paid out to the companies contracted to build.
You would think they would allow what is paid for to be completed.
Crazy stuff.
Maybe Biden figures that regime change in Mexico will be easier ?
A cynically created colour revolution, impose a puppet government then bomb the shit out of someone down there . Grab the resources and place an overwhelming debt burden on US taxpayers to rebuild all the infrastructure under private ownership .
No one ever got oligarch rich building a wall ! Particularly one which might jeopardise the free flow of cheap exploitable labour with which to maintain a permanent underclass useful for destroying wages growth.
Go Joe - such a man of the people !
As if the wall was a solution to anything anyway? A ridiculously expensive charade for surface thinkers to rally behind.
Ever see the Vice doco of the tunnels going under it? Or the ones stretching from Tijuana into San Diego dug more than twenty metres underground?
Also Blowin, you need to get better sources than dopey old partisans on Twitter. One story is complete bollocks the other unsubstantiated - i.e fake noos.
You’re right Stu.
Doing nothing is better than sorting out a problem by 95 percent. That’s surface thinking !
Even better than doing nothing is pretending to be all about the working class whilst simultaneously shivving them with unmitigated mass immigration. Yewwwwww !
BTW Stu....you’d better have a quiet word with the surface thinkers in China . They obviously haven’t heard of vice .
https://www.abc.net.au/news/2021-01-25/why-china-building-border-walls-w...
Even better, it does nothing while costing the taxpayer billions!
Brilliant, Donny.
The conman cons again.
EDIT: So China is doing good are they? Wonderful.
Pay no heed then to what's actually happening on the ground - or indeed under it - in America.
I think it’s you who’s been conned Stu.
Quick question : Do you think it’s easier to defend a border with a hard barrier or without one ? Cause something isn’t perfect better do away with it altogether hey ?
https://www.abc.net.au/news/2021-01-25/why-china-building-border-walls-w...
It's not built to defend the border. It's built to stop the free flow of people, but with hundreds, perhaps thousands of tunnels under the border, that movement hasn't ceased.
But you believe what you want...
You know what ? I never particularly gave a rat’s arse about Trump’s wall. I was always about Trump due to his role as a necessary protest vote against the neoliberal warmongering fcks like Joe Biden.
But yeah , mate. Biden’s in. You’re a success. Life is on the up and up for everyone now that we can revert back to unrestrained US Imperialism .
Lucky you never got conned . Because a wall along an already policed border is such a disaster for humanity compared to Biden and his five decades of invasions , regime change , bombing, looting and death .
Ha ha ha ha....jesus.
There's only two sides are there?
Don't like one, you must love the other.
FFS...
So Stu....on the overall analysis do you think Biden is better than Trump ?
You think a politely spoken career wolf in sheep’s clothing who has caused untold death and suffering is better than a braggart fuckstick who wants to build a harmless wall ?
Oh wait ...is it money you’re worried about ? Trump’s wall several hundred million ( ? ) vs Biden and the neoliberal neocon’s multi decade Middle East death mission costing several trillion ?
But...but Trump wrote mean things on Twitter ! And he said that some women let you grab them on the pussy if you’re famous.*
* probably true.
Heads up for all the clowns getting weepy over the recent “ coup “ in the US. This is what a real coup looks like.
https://www.smh.com.au/world/asia/myanmar-leader-aung-san-suu-kyi-detain...
Biden's been in power for days so I'm not going to colour my view with ridiculously partisan and unfounded bollocks from Twitter just because Don good means Joe bad.
Both ends of this seesaw can tilt downwards. But if they do lets load it with facts and not some kneejerk hearsay shit.
I'm fully prepared to accept Biden will be every bit as bad as Don was, albeit in other departments.
I’m not sure why you’re acting as though Biden hasn’t had the first 78 years of his life to establish that he’s anything other than a stooge for neoliberalism and US imperialism and failed perfectly ?
I understand that it’s early days and you’re willing him to do better , fingers crossed , hope for the best etc.
But the further your deep thinking mind gets from the Anti Trump media onslaught I reckon you’re going to reflect back objectively on the actual actions Trump took as President, minus the relentless barrage of negative spin , and think .....” What was the big deal ? What did he really do that was so outrageous that prompted me to think “ Orange Man Bad ! “? “
There’s not a single thing Trump has said or done for anyone to think he’s more racist than Joe “ I don’t want want my kids growing up in a jungle “ Biden.
There’s not a single action Trump took which was more destabilising, destructive or conducive of human misery than Biden’s support for wars in the Middle East and elsewhere.
There’s not a single thing Trump did which created more societal divisions and social disharmony than Biden’s decades long role in instigating and entrenching neoliberalism.
Trump was a fckwit. Biden is a fully fledged evil cnt. He’s evil cause he’s prepared to aid and abet evil deeds in order to enrich himself and secure his status , privilege and power.
Blowin you have a black and white version of the world (+ US) there, is there no grey?
Joe Bidens' current net worth estimated by Forbes at $9 million USD. Not much for a 44 year career doing 'evil deeds to enrich himself'.
I’m the one with the lack of nuance ? I’ve been advocating for objectivity since Trump was elected but no one seemed particularly interested. It was all in for the pile on against “ potty mouth President “.
What about those still rolling around in the fetal position because Trump is a Russian agent / Nazi dictator who’s going to destroy the planet with nuclear bombs after starting a white supremacy civil war ?
Talk about jumping the shark regarding objective thinking.
Tell me , I Focus were you able to see Trump objectively ? Are you able even now that his actions are historical fact and not hysterical predictions ? Do you see the shades of grey ?
Trump came to office on day 1 facing a determined and established “ resistance “ , despite having no record of public office to be judged upon yet Biden has half a century of warmongering and neoliberal profiteering to his credit but we are supposed to wait and see how he goes ?
Adam12 - Please mate . You’re letting yourself and all of us down by claiming that Biden’s net wealth is accurately accounted for within the public realm.
Unless it’s your first experience with politicians ?
Trump had a long record in public life. As a conman and grievance peddler.
US under Trump dropped record amounts of bombs on Afghanistan, Syria and supported proxy war in Yemen.
Same old military industrial complex.
I doubt Biden will re-engage in the ME.
We'll see what happens with Taiwan, thats the much more pressing issue.
CCP is already testing him there and in South China Sea.
The good news is that Biden is president of a bankrupt and defunct US Corporation that has no power over anything or anyone. Note Trump 'retired on the 19th. He rode his first wave to the end and stepped off on the sand.. The transition to a republic had already happened, the rug had been pulled long ago, so inauguration and the entire election process was a gigantic meme. I'm eyeing March for the reinstatement and have raised the question with Ladbrokes about the chance of a refund...
Genuine question for the Swellnet team or anyone..
With all the talk of tunnels in the thread, when viewing global earthquake activities over previous weeks, months and years whats with all the depths at exactly 10.0km, Its an awfully round figure that keeps appearing in the logs.. Any insights?
https://www.usgs.gov/products/data-and-tools/real-time-data/earthquakes
Occam’s razor is a description of good logical thinking, yes the simpler explanation is normally the one that is correct. When investigating something the correct action is to follow the higher probability.
Occam’s razor is a good place to start, still it’s important not to get into the habit of thinking that it is failsafe ( not saying you are sanguine it’s a good comment). There are plenty of times that the counter intuitive and less likely explanation has been the correct one.
Consider all possibilities until they have been properly disproven.
@stunet
A walls not going to stop everyone you can alway go over or under, but its like having a fence on your property boundary, if you don't have one, you kind of can't really complain when people come onto your property
You need a clear line in the sand and a bit of deterrence, in some areas people can even ride motorbikes into the USA illegally.
It's pretty crazy really you would think they would have a wall already and some sort of zone, but yeah its a very long distance something like 3,000km, but if every government did their bit it would have been built long ago.
We are just so lucky we are an island, USA is always going to have issues with illegal immigration and other associated problems.
Watched a few interesting docco's on trying to control the border, even locals have groups that do surveillance etc
100% Sickaz
Also, sometimes the narrative that we believe is correct is in fact the opposite or a variation thereof. There are always counter arguments and agendas, be flexible, think critically and be prepared to admit you were wrong.
'I’m the one with the lack of nuance ? I’ve been advocating for objectivity since Trump was elected but no one seemed particularly interested. It was all in for the pile on against “ potty mouth President “.'
Oh stop Blowin! I'm gunna break a rib here. Unless of course when you say 'objectivity' you mean 'my narrative'...
oops wrong thread
Septic Tanks are going to Septic Tank