return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 4 days agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square126linkfedilinkarrow-up1253arrow-down13cross-posted to: [email protected]
arrow-up1250arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 4 days agomessage-square126linkfedilinkcross-posted to: [email protected]
minus-square5C5C5C@programming.devlinkfedilinkEnglisharrow-up15·4 days agoI imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.
minus-squarePasserby6497@lemmy.worldlinkfedilinkEnglisharrow-up3·4 days 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-squareBrave Little Hitachi Wand@feddit.uklinkfedilinkEnglisharrow-up2·4 days agoThe word is regulatory capture, and the game is upwards wealth transfer.
minus-squareexcursion22@piefed.calinkfedilinkEnglisharrow-up1·4 days agoThis is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
minus-squareBarneyPiccolo@lemmy.todaylinkfedilinkEnglisharrow-up1·4 days 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.
I imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.
FTFY
The word is regulatory capture, and the game is upwards wealth transfer.
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.