Total Margin Debt:t.co/4yMXIe42H6 Bubble: $450 Billion
Great Recession: $400 Billion
Now: $850 Billion
This is very much like the bubble in synthetic asset backed CDOS before The Great Financial Crisis.— Ben Rickert (@Ben__Rickert) July 8, 2021
2008 5x minimum. Look out below.
— CuddyBolt (@BoltCuddy) July 8, 2021
We are so fucked t.co/pBLcqIzr1g
— Make Black Swans Great Again (@RetirementRight) July 8, 2021
We're at the stage of the mania where "a 5-day losing streak" in a junk stock like $AMC is news. pic.twitter.com/UbPaFpL2a8
— Rudy Havenstein, with a pocket full of shells. (@RudyHavenstein) July 8, 2021
Nikola $6 billion – no revenue
Tesla $620 billion – no profit
Bitcoin $625 billion – no use
Nancy Pelosi $115 million – no ethics— Chadford Whitmore VI (@PunchableFaceVI) July 8, 2021