GameStop united the country at a time when nothing else could.

https://twitter.com/jordylancaster/status/1354828740640071682 GameStop united the country at a time when nothing else could. — Chairman (@WSBChairman) January 28, 2021 Wall Street giants are calling foul after having been beaten at their own game by a bunch of guys on the internet. It’s hard not to cheer. “Robinhood customers took to Twitter to express their outrage surrounding the … Read more

The Economic Impact of the 10 Worst Disasters in 2020

by howmuch Natural disasters are sudden and terrible events in nature that cause widespread property damage and loss of human life. The coronavirus pandemic does not technically count as a true natural disaster. As if 2020 weren’t already one of the worst years ever, there was also substantial economic damage from more “traditional” natural disasters … Read more

7 of the 10 most-discussed tickers on WallStreetBets yesterday are now blocked by Robinhood

by pdwp90 ROBINHOOD HALTS BUYING OF GAMESTOP AND OTHER HOT STOCKS, INFURIATING USERS: Robinhood also shut down buying of AMC (AMC), BlackBerry (BB), Bed Bath and Beyond (BBBY), Express (EXPR), Koss (KOSS), Naked Brand Corp (NAKD) and Nokia (NOK). Users can only liquidate or close positions. The GameStop stocks’ run was originally popularized by Reddit forum … Read more

$GME & WallstreetBets: How it started… how it went… how it’s going…

https://twitter.com/EconomPic/status/1354845278386327552 https://twitter.com/MilwaukeeBonds/status/1354842609651490818 I got to say I LOVE LOVE what is going on with #wallstreetbets. All of those years of High Frequency Traders front running retail traders,now speed and density of information and retail trading is giving the little guy an edge. Even my 11 yr old traded w them and made $ — Mark … Read more

VIDEO: Interesting breakdown of the Gamestop situation

Gamestop has recently been the subject of an incredible financial event. The struggling retailer has been weaponized against wallstreet hedge funds in a way that necessitates multi billion dollar cash bailouts, market manipulation, and perhaps even… SEC regulation as an army of retail investors take down some of the most powerful financial players in history. … Read more

Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse

by Doug Casey via International Man You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. This brief article will explain why the world’s banking system is unsound, … Read more

Liberals fleeing to Austin, TX which now resembles other filthy demorat-run cities

by DCG For some time liberals have been fleeing to Austin, Texas. As Breitbart reports, many BigTech workers are now getting in on this movement, too. From their report: “Employees of tech companies in San Francisco, California, can’t leave the city fast enough, fleeing for the potential tech hubs of tomorrow such as Austin, Texas, and … Read more

It’s Time To Bail On Facebook

BY JOHN RUBINO The mass migration out of corporate social media is happening for good reasons. If you’re sick of the censorship and concerned about the spying, just say goodbye to Facebook, Instagram, and Twitter. And join DollarCollapse.com at MeWe, the Facebook alternative that doesn’t censor or spy on its members. The DollarCollapse page,  where content from … Read more

Fear is Gone, Complacency Rules, Higher Prices on the S&P 500 with Chris Vermeulen

from Kerry Lutz’s Financial Survival Network Caution is the byword. Bonds are coming back to life and utilities are bouncing back. Defensive money is heading into safety. The markets need to take a break. Big volatility coming to the markets. The VIX can be deadly. Chris Vermeulen no longer trade it. Watch out for the Boyz. Investors have … Read more

Elon Musk Is The World’s Richest Man

by visualcapitalist 2021 has been touted as a year of change. And as far the pecking order of global wealth goes, the new year has already delivered. Just six days in, Elon Musk had already lapped Jeff Bezos to become the world’s richest person in 2021 with a personal net worth of $188 billion. How did this … Read more

China sharpens language, warns Taiwan that independence ‘means war’

China toughened its language towards Taiwan on Thursday, warning after recent stepped up military activities near the island that “independence means war” and that its armed forces were acting in response to provocation and foreign interference. Taiwan, claimed by China as its own territory, reported multiple Chinese fighter jets and bombers entering its southwestern air … Read more