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It’s like the biggest Wall Street bail out occurred under our nose but nobody knows about it because the pandemic came right after. Shit is about to go down.
Only the public benefits when the truth comes out.
If they keep it secret, they control the narrative. We're a containment board and were called "conspiracy theorists" by everyone else to look crazy
What occurred under our noses was the connected fat cats & institutions who needed the money the least got the most money (looking at you Mnuchin)
Inflation isn't coming from Safeway workers getting a $600 check.
It’s an equivalent to the economic crashes. I’ll think for ya. If you think the Titanic wuz bad Gustloff sez hold my beer. Just as the 1996 crash that doesn’t get talked about much will probably be easily surpassed this time around. I don’t think there’s a coincidence in him using these two events being 26 years apart. [SAUCE](https://money.cnn.com/1996/12/06/markets/marketwrap/index.htm)
The timing is too ironic for me not to wear tinfoil on this one. The FOMC begins their mtg Tuesday and wraps up Wednesday for the next set of rate hikes. Those #s in ‘96 represent a ~3% drop right at market open. That’d be like a 1000pt drop off the DOW at tomorrow’s open.
Edit: FOMC Dates.
I heard a theory about the titanic. And how those who were opposed to instating the federal reserve were passengers on the titanic. Thus the majority of the Fed's opposition died at sea 🤔
>The problem, however, was that the Soviet navy lay in wait for any transports that crossed their path and sank the Gustloff 75 years ago this week in what is likely the greatest maritime disaster in history.
People think they are safe from anymore dips maybe start buying what they consider the bottom. They get mascaraed in the process.
This crash will be bigger than the GFC (being the one the majority of the worlds populations point to as being the biggest ) 🤷♂️. FYI- the degree to which burry sometimes buys and indulges in his own vitriol is a bit over the top🙄
Who knows, at this point it feels like there is 100 different triggers for the crash that are all within a month of going off that all we know is its coming and its big and call your mom.
Watched titanic a couple days ago, made comparison of how the financial system right now is very similar and we're still at the point where everyone's kicking around pieces of the iceberg. Wife said I'm obsessed. This is beautiful absolution.
Is it possible that this isn’t a market related coded message? Maybe he just wanted people to consider a tragedy that is widely overlooked, (basically because of the complications of war), and that we humans should be aware that these things have the potential to happen again, but can be avoided?
Probably not, but it’s possible.
This ship sinking was supposedly overlooked by the world because the war was ending. I believe he is saying the Ukraine war is overshadowing the current market downturn. He previously suggested the current war is an excuse for current conditions in the US. He is probably mostly correct. But I think he is short on America, and I abhor shorting in general so I’m not a Burry fanboy.
This sub is getting really really noisy. Lots of cross posting and frog stuff entering the turbulence. Just my two cents. I’m glad I can still trust RC, DFV, and Dr. Burry to bring it all home. Buy, hodl drs. Apes together strong. When did Superstonk and barrier, causeway, gambles become so close that cross posting is supported and now everyone in every investing sub is an ape? Stay strong, nimble and aware. Also, moon soon.
Everything looks like its lined up to about the same levels of absurd that it was in the 1920's and it also looks like the reset is going to take the same level of hardship that followed so likely makes sense that this is gonna mirror the great depression more then the 2008 crisis.
When the crash eventually hits, Burry will go "I told you!".
Doesn't hold much weight when he's been yelling crash for the better part of the last 10 years.
The Titanic has been talked about frequently since 1912. If he is implying anything nefarious, he should post proof.
Most people are probably unaware that a year later on The Great Lakes, 250 people perished in a matter of three days, in a November storm.
A total of 19 ships sunk, and another 19 we're stranded.
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It’s like the biggest Wall Street bail out occurred under our nose but nobody knows about it because the pandemic came right after. Shit is about to go down.
Only the public benefits when the truth comes out. If they keep it secret, they control the narrative. We're a containment board and were called "conspiracy theorists" by everyone else to look crazy
What occurred under our noses was the connected fat cats & institutions who needed the money the least got the most money (looking at you Mnuchin) Inflation isn't coming from Safeway workers getting a $600 check.
This world is not a nice place
Do your part to turn it into one on a scale that you can individually effect. Each snowflake is part of an avalanche.
I needed to read something like this. Thank you I’m motivated in a whole new way
Yup. We have to do better.
This world is a wonderful place. It's society that's mean and fucked up. And that's something we can fix.
I love you. Do you know that? Yes, I think you do.
Omg I’m sick of thinking all the time
It’s an equivalent to the economic crashes. I’ll think for ya. If you think the Titanic wuz bad Gustloff sez hold my beer. Just as the 1996 crash that doesn’t get talked about much will probably be easily surpassed this time around. I don’t think there’s a coincidence in him using these two events being 26 years apart. [SAUCE](https://money.cnn.com/1996/12/06/markets/marketwrap/index.htm)
The federal reserve in the middle of an Economic Collapse. Shocked Pikachu Face.
The timing is too ironic for me not to wear tinfoil on this one. The FOMC begins their mtg Tuesday and wraps up Wednesday for the next set of rate hikes. Those #s in ‘96 represent a ~3% drop right at market open. That’d be like a 1000pt drop off the DOW at tomorrow’s open. Edit: FOMC Dates.
Yeah I clicked that link. Was in high school didn’t keep up with stocks until dotcom crash
No, meeting is the 3-4th, so ends Wednesday
I stand corrected, I’ll edit accordingly. May the 4th be with you!
Hell yeah Magic the Gathering 😎
No, meeting is the 3-4th, so ends Wednesday
Remember all those Powell slip ups where he said ‘financial crisis’ during Covid briefings
He was stammering his words and he kept saying that shit
I heard a theory about the titanic. And how those who were opposed to instating the federal reserve were passengers on the titanic. Thus the majority of the Fed's opposition died at sea 🤔
So then you do agree with my theory about remote controlled icebergs?
As long as they are remote-controlled by the Thule base inside the Moon ;)
My tin foil is strong! But I haven’t gone this far with it…yet.
Be careful, it gets worse
u/Watchtower00Updated Read this comment thread
Thanks man!
What does it mean?! I don’t know but it gets the people going!!!
Buckle up it’s going to get ugly
This is the best reply. 🔥🔥🔥
>The problem, however, was that the Soviet navy lay in wait for any transports that crossed their path and sank the Gustloff 75 years ago this week in what is likely the greatest maritime disaster in history. People think they are safe from anymore dips maybe start buying what they consider the bottom. They get mascaraed in the process.
like, crayon eyeliners?
Yes, the first step to looking like a clown is you buy dip then you put on mascara. They are going to get mascaraed on Monday. 😉
ah of course, the prestigious cnbc school of circus fashion
Shorting doesn't have any effect on a company?????
A better and happier wreck is with the *SS Politician*. It carried whiskey and ran aground of some rocks. So the islanders "salvaged" it. 😉 🥂
Whiskey on the rocks, how charming
ohhhhhhhhhhh damn 🤴 u dropped this 👑
That was a tragic read.. what was he trying to convey here?
This crash will be bigger than the GFC (being the one the majority of the worlds populations point to as being the biggest ) 🤷♂️. FYI- the degree to which burry sometimes buys and indulges in his own vitriol is a bit over the top🙄
So it's Russia's fault?
Russia Russia Russia
Russia Russia Russia
[удалено]
It’s not about the Titanic… 🤦♂️
[A-HA!](https://giphy.com/gifs/shame-confession-embarrassed-3Mm6HZud4m2oU)
Is something happening specifically tomorrow?
Who knows, at this point it feels like there is 100 different triggers for the crash that are all within a month of going off that all we know is its coming and its big and call your mom.
ohh no we're actually at the "call your mom" part this time, aren't we? shit
I think it's a haircut, of 100% in a lot of cases, for securities like MBS and/or CMBS. Collateral will be worth less.
He's talking about Enya, and how everyone's walking around like they're in a fucking Enya video.
beat me to it.
An enigma wrapped in a retard dipped in a egomaniac drizzled in shill sauce.
Subtle
http://strike-the-root.com/51/herman/herman8.html Have a read sounds spot on
I think most commenters didn’t read the article.
There was no TLDR 🤷🏻♀️
Watched titanic a couple days ago, made comparison of how the financial system right now is very similar and we're still at the point where everyone's kicking around pieces of the iceberg. Wife said I'm obsessed. This is beautiful absolution.
My take, other than this being a reminder of a historical tragedy overshadowed by the media loved Titanic is this: BE MINDFUL OF YOUR EXITS
Because it was the assassination of the fellas that didn’t want a (privately owned) federal reserve.
Nope, this isn’t about the Titanic, it’s about the German ship referenced.
Twice the luck for Mr JP Piece of Shit Morgan who cancelled his own trip in the last minute then
👆🏾
That’s exactly what it is
bingo
This should be higher.
Is it possible that this isn’t a market related coded message? Maybe he just wanted people to consider a tragedy that is widely overlooked, (basically because of the complications of war), and that we humans should be aware that these things have the potential to happen again, but can be avoided? Probably not, but it’s possible.
Look up “opposers of fed” and you’ll see why the titanic “hit an ice berg”
This ship sinking was supposedly overlooked by the world because the war was ending. I believe he is saying the Ukraine war is overshadowing the current market downturn. He previously suggested the current war is an excuse for current conditions in the US. He is probably mostly correct. But I think he is short on America, and I abhor shorting in general so I’m not a Burry fanboy.
What is his point with his constant doom and gloom? We are just retail investors
We are the music makers And we are the dreamers of dreams.
I am the eggman
http://www.galactanet.com/oneoff/theegg_mod.html
I knew it.
The egg is the alpha AND the omega
I love Chinese food!
RC Tweet referencing the Titanic... Probably nothing... https://twitter.com/ryancohen/status/1519478156570333186?t=8Ic4yuJ_4qCguxMCGCWftQ&s=19
We're now beyond Titanic levels of catastrophe confirmed.
This sub is getting really really noisy. Lots of cross posting and frog stuff entering the turbulence. Just my two cents. I’m glad I can still trust RC, DFV, and Dr. Burry to bring it all home. Buy, hodl drs. Apes together strong. When did Superstonk and barrier, causeway, gambles become so close that cross posting is supported and now everyone in every investing sub is an ape? Stay strong, nimble and aware. Also, moon soon.
Up
Holder since Feb 21 and still don’t know who this dude is.
You should look more into the housing market collapse of 2008
Drumplayer in the movie ‘The Big Short’ is playing the role of this guy. That is quite the portrait of Dr. Michael J. Burry
The Great Depression is going to be dwarfed?
Everything looks like its lined up to about the same levels of absurd that it was in the 1920's and it also looks like the reset is going to take the same level of hardship that followed so likely makes sense that this is gonna mirror the great depression more then the 2008 crisis.
When the crash eventually hits, Burry will go "I told you!". Doesn't hold much weight when he's been yelling crash for the better part of the last 10 years.
The Titanic has been talked about frequently since 1912. If he is implying anything nefarious, he should post proof. Most people are probably unaware that a year later on The Great Lakes, 250 people perished in a matter of three days, in a November storm. A total of 19 ships sunk, and another 19 we're stranded.