Listen here, you smooth-brained, crayon-eating homunculus.
We are not going anywhere! We cannot be deceived or intimidated! We like the stock!
As they say on WSB: We can stay retarded longer than you can stay solvent.
(and, yes, I have spent more than enough time digging through 10Ks, putting together DCFs and creating financial models to understand the game)
This couldn't be any more perfect. If she is like her husband, she will react arrogantly and high-handedly.
We have been looking for a way to bring the Trumpsters and Bernie Bros together. This is it.
It doesn't matter. They have undisputed control of all 4 branches of government and 90% of each party. Any small chance at a move towards legitimacy is an improvement.
If they wanted to completely crash the economy, they could do it with a few phone calls and a stroke of the pen.
Remember what causes and politicians Wall Street predominately donates to.
What do the CEOs of the major corporations on Wall Street typically advocate?
This will bring down the system.
Firstly, the valuations of most companies in the stock market are at historic or near historic highs; they are already completely detached from the fundamentals.
This situation will most likely play out one of three ways:
1.The feds step in and save the hedge funds, screwing the retail investors and eroding investor confidence.
Result: 10%-50% of the money currently in equities gets pulled from the market and allocated elsewhere. Bubble pops. Market Crashes. No more smoke and mirrors.
2. The WSB crowd achieves their goal of bankrupting the hedge funds. (Do some research into who is on the hook if the short sellers become insolvent.)
Result: Market implodes. Ponzi scheme ends.
3.The SEC steps in with some sort of new compromise system, arrests or bailouts. Investor confidence erodes and financial system faces crippling, new regulation.
Result: Market collapses. It becomes apparent your stonk gains every year and retirement funds were a fugazi.
This would have happened anyway. There was no way around facing reality eventually.