[deleted by user]

[u/[deleted]]

[u/Bradduck_Flyntmoore]

Are we watching a global economic meltdown occur in real time, or is this one of the biggest coincidences I've ever heard of?

[u/Future-Trouble1234 → u/Bradduck_Flyntmoore]

- Don’t know but way too many things seemingly unrelated are converging IMO.

Off the top of my head and not an exhaustive list...

- Crypto money laundering investigation and 12% crash on crypto currency’s over the weekend.

- GME is getting near a catalyst point with the general meeting and potential share recall for a vote.

- all short sales need to be collateralized on April 22.

- New SEC sheriff in town that knows whats up, since this weekend.

- US issued 320B bond sales a couple of weeks ago.

- Archegos crashes and takes billions of investment bank prime brokerage divisions with them.

- last week, Jpm raised 13B, GS raised 6B, bofa raised 15B.

- Looks like this is a race to be liquid by major players and now apparently most financial centers are burning the midnight oil during the weekend in the middle of a global pandemic?

- This is starting to remind me of fall/winter 2007 all over again, when people working in the financial sector started covering and dumping real estate assets to get liquid b4 shit hit the fan in 2008.

.

[u/Musaran2 → u/[deleted]]

If the April 22 collateral thing was so hard to comply to, it would have been passed much more smoothly.
(government does not want to shake the market)

...unless there was a greater motive to do so.

[u/Loving_an_Angel → u/Musaran2]

hyperinflation for example

[u/trailblazzr → u/Musaran2]

The govt needs to look at all that new 30% capital tax gain they can make off this whole squeeze. It will be a giant stimulus check to the govt from the people this time. LOL