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 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

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halotaikor.
post Jan 28 2021, 04:33 PM

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this is history. im going to buy some GME shares tonight.
halotaikor.
post Jan 28 2021, 05:25 PM

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is this how Soros did to Malaysia during the 90s?

why mahathir didnt ask malaysian to buy more RM forex ?
halotaikor.
post Jan 28 2021, 05:48 PM

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QUOTE(AllnGap @ Jan 28 2021, 05:31 PM)
i think 1997 foreign banks offer USD based loans to GLCs (low interest)

so GLCs took a lot of USD based loans, then Soros crash thailand stock market which rippled to whole asia stock market.
MYR took the plunge, loans out of sudden becomes 100% more. GLC crushed by KLSE dumping. cant afford to pay loans

bank negara tried to halt MYR dumping by buying more MYR with USD
Bank Negara USD depleted to dangerous level

Soros saw malaysia was vulnerable to a currency attack
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how and what mechanism did soros use to crash thailand market ?
halotaikor.
post Jan 31 2021, 06:25 PM

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You do realize that plenty of hedge funds are long GME right? Blackrock has made billions from this along with plenty of other funds. You think youre sticking it to the man because 2 hedge funds are short but its the poor and middle class who are going to get burned. Who do you think is better at timing speculative bubbles, quant funds, or your neighbor who doesnt even know the difference between share price and market cap?



 

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