Countrpunch 2015: 'The hundreds of trillions of dollars worth of derivatives, written by the wall street people .....
will be terminal to the USA when even a small fraction of those derivatives go bad, intentionally or unintentionally.' And so it is. Read all about it.
The US is in its terminal financial collapse phase. Plenty of cocktails and dancing on the Titanic for the super rich as that colossal ship was taking on water. After all they bought tickets on the “unsinkable” Titanic from England to the USA.
Short squeezes are the new normal, something many investors and day traders seek out and profit off of. Now come the gamma squeezes to vulture kill a company 10 days out in the Sahara hobbling on its’ knees without water.
BBBY. Bed Bath and Beyond.
Read about a new twist in how derivatives are being “utilized” for “maximal (personal) profit” since the publication of that 2015 Counterpunch press report “Wall Street and the Military are Draining Americans High and Dry” at
https://www.counterpunch.org/2015/09/02/wall-street-and-the-military-are-draining-americans-high-and-dry/
Fast forward to 2022. Now.
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In Surreal Story, 20-Year-Old Student Acquires 6% Of Bed Bath & Beyond, Makes $110 Million In 3 Weeks
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