return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 month agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square141fedilinkarrow-up1695arrow-down125cross-posted to: [email protected]
arrow-up1670arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square141fedilinkcross-posted to: [email protected]
minus-square5C5C5C@programming.devlinkfedilinkEnglisharrow-up69·1 month agoI imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.
minus-squareBrave Little Hitachi Wand@feddit.uklinkfedilinkEnglisharrow-up17·1 month agoThe word is regulatory capture, and the game is upwards wealth transfer.
minus-squarePasserby6497@lemmy.worldlinkfedilinkEnglisharrow-up11·1 month ago I imagine this should count as illegal stock market manipulation, but the government would be too in on the scam to prosecute it. FTFY
minus-squareexcursion22@piefed.calinkfedilinkEnglisharrow-up5·1 month agoThis is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
minus-squareBarneyPiccolo@lemmy.todaylinkfedilinkEnglisharrow-up5·1 month agoThe MAGA government will get in on it. Trump will probably make some kind of ridiculous statement to kick off the plunge, so they can all profit on the slide, and rebuy at the bottom, and recycle the bubble.
minus-squareAtherel@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up4·1 month agoThe government did it itself just way bigger.
minus-squarebaggachipz@sh.itjust.workslinkfedilinkEnglisharrow-up3·1 month agoThey’d probably encourage it
minus-squareThat Weird Vegan@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up2·1 month agolol. prosecuting one of the in crowd? They’re not toothless (in this case at least), they’re just protecting one of their own.
I imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.
The word is regulatory capture, and the game is upwards wealth transfer.
FTFY
This is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
The MAGA government will get in on it. Trump will probably make some kind of ridiculous statement to kick off the plunge, so they can all profit on the slide, and rebuy at the bottom, and recycle the bubble.
The government did it itself just way bigger.
They’d probably encourage it
lol. prosecuting one of the in crowd? They’re not toothless (in this case at least), they’re just protecting one of their own.