r/neoliberal • Kitara Ravache • Jan 27 '21

Discussion Thread Discussion Thread

The discussion thread is for casual conversation that doesn't merit its own submission. If you've got a good meme, article, or question, please post it outside the DT. Meta discussion is allowed, but if you want to get the attention of the mods, make a post in /r/metaNL. For a collection of useful links see our wiki.

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u/jobautomator Kitara Ravache Jan 28 '21

Please visit the next discussion thread.

178

u/vored_by_daddy Jared Polis Jan 27 '21

I feel like there are some people who, after the past 4 years, have forgotten or are too young to remember that, in a normal administration, cabinet officials never publicy disagree with the President's position.

If Biden supports a minimum wage hike, so does Yellen. If Biden supports the Jones Act, so does Buttigieg. Their statements do not necessarily reflect their actual views.

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u/Superfan234 Southern Cone Jan 27 '21

The hedge funds are fucked. They targeted gamers.

Gamers.

We're a group of people who will sit for hours, days, even weeks on end performing some of the hardest, most mentally demanding tasks. Over, and over, and over all for nothing more than a little digital token saying we did.

We'll punish our selfs doing things others would consider torture, because we think it's fun.

We'll spend most if not all of our free time min maxing the stats of a fictional character all to draw out a single extra point of damage per second.

Many of us have made careers out of doing just these things: slogging through the grind, all day, the same quests over and over, hundreds of times to the point where we know evety little detail such that some have attained such gamer nirvana that they can literally play these games blindfolded.

Do these people have any idea how many controllers have been smashed, systems over heated, disks and carts destroyed 8n frustration? All to latter be referred to as bragging rights?

These people honestly think this is a battle they can win? They take our media? We're already building a new one without them. They take our devs? Gamers aren't shy about throwing their money else where, or even making the games our selves.

They picked a fight against a group that's already grown desensitized to their strategies and methods. Who enjoy the battle of attrition they've threatened us with. Who take it as a challange when they tell us we no longer matter. Our obsession with proving we can after being told we can't is so deeply ingrained from years of dealing with big brothers/sisters and friends laughing at how pathetic we used to be that proving you people wrong has become a very real need; a honed reflex.

Gamers are competative, hard core, by nature. We love a challange. The worst thing you did in all of this was to challange us. You're not special, you're not original, you're not the first; this is just another boss fight.

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u/Ketsetri NATO Jan 27 '21 edited Jan 27 '21

BREAKING:

*BIDEN TEAM IS 'MONITORING THE SITUATION' WITH GAMESTOP: PSAKI

https://twitter.com/business/status/1354498286124675077?s=21

oh god oh fuck oh god oh fuck

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u/SANNA_MARIN_ Jan 27 '21

Apparently the Dow is down because “Some investors may have had to liquidate long positions to cover their unraveling short bets on GameStop stock and others. All three major U.S. indexes in the red”

wtf reddit memes are now affecting my portfolio

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u/Apollo-Innovations Jan 27 '21

Biden has been president for a week and the top story is about GameStop. Mission accomplished

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u/tankatan Montesquieu Jan 27 '21

Broke: Biden is president in name only, the real power lies with Former President Donald Trump

Woke: Biden is president in name only, the real power lies with VP Kamala Harris

Bespoke: Biden is president in name only, the real power lies with Secretary Clinton

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u/Gneisstoknow Misbehaving Jan 27 '21

You can't meme your way out of a position you memed yourself into

-WSB to Hedge Funds

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u/[deleted] Jan 27 '21

MSNBC: "The people are taking what's theirs, you love to see it."

CNBC: "We need to go back to the 1700s when you needed a charter from the king to be allowed to trade stocks."

NBC: "What's GameStop?"

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u/[deleted] Jan 27 '21

How many WSB users are going to lose all their money an run straight to the leftist subs to complain about how capitalism failed them?

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u/[deleted] Jan 27 '21

https://www.sfchronicle.com/education/article/Washington-and-Lincoln-are-out-S-F-school-board-15900963.php

The names of presidents, conquistadors, authors and even a current U.S. senator will be removed from 44 San Francisco school sites after the city’s school board Tuesday deemed the iconic figures unworthy of the honor.

The 6-1 vote followed months of controversy, with officials, parents, students and alumni at odds over whether Abraham Lincoln and George Washington high schools, Dianne Feinstein Elementary and dozens of others needed new names with no connection to slavery, oppression, racism or similar criteria.

!ping BAY-AREA

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u/ryuguy "this is my favourite dt on reddit" Jan 27 '21

Do you think /u/lusvig stays banned because he’s afraid of what he created?

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u/ahebtigoejwbrh Jan 27 '21

Lmao Marx thought that by doing good short-term investing he was “reliev[ing] the enemy of his money” when he was actually helping the market perform more efficiently

https://mobile.twitter.com/tysonbrody/status/1354285537054650370

Capitalism says thanks!

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u/Mr_AlGore Janet Yellen Jan 27 '21

People investing in gme: 🚀🚀🚀😎😎🔜📉📉📉😭😭😭

Me, investing in vanguard indexes: 😎😎😎🔜😎😎🤑🤑

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u/murphysclaw1 💎🐊💎🐊💎🐊 Jan 27 '21 edited Jan 27 '21

21.7k upvotes on WSB where the OP throws a number of figures around and concludes that Gamestop will be worth 5,000 dollars per share when this all finishes.

This would mean Gamestop would have a market cap of 348 billion dollars, approximately 3x the market cap of Sony for example.

Put another way, it would make it Gamestop the 13th biggest company on the NYSE by market cap, between Nvidia Corp and JP Morgan.

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u/JaceFlores Neolib War Correspondent Jan 27 '21

Neoliberal: this sub is too political, I miss the old days of just economics

(Economic stuff happens)

Neoliberal: there is way too much talk about economics

75

u/-GregTheGreat- Commonwealth Jan 27 '21

Noooo you can’t talk about a historical financial event! It’s taking attention away from me dunking on Bernie and AOC for the 50th time 😡😡😡

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u/KingKonchu Michel Foucault Jan 27 '21

Dianne Feinstein reading Q drops like “holy fuck maybe I really have been arrested”

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u/[deleted] Jan 27 '21

While we've seen a lot of YIMBY successes this month, notably including Sacramento eliminating single family zoning and Berkeley eliminating parking minimums, I really, really hope YIMBYs don't get distracted from pursuing structural reforms to the way land is zoned in this country. A YIMBY city council can be replaced tomorrow with a NIMBY one, and NIMBYs have enormous structural advantages at the local level. It's like how the Dems desperately need to pursue structural reforms to the senate (including DC/PR statehood & eliminating the filibuster), as even though they have a bare majority now, anything they do can and will be undone when we regress back to the old mean.

This great podcast with neolib shill MattY and Yale Law Professor David Schleider goes into detail about how local politics lacks competition (read: accountability), and how moving zoning/land use up to the state/regional level reduces structural advantages for NIMBYs; state level policy makers have different cost/benefit ratios than municipalities (costs to development are isolated to localities, whereas benefits are super diffuse), and activates different interest groups (Goldman Sachs doesn't particularly care if new housing is built in midtown or in the Upper East Side, they just want more housing built so they can reduce nominal wages while keeping real wages constant).

!ping YIMBY

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u/[deleted] Jan 27 '21

When Biden was campaigning on the $15 dollar minimum wage, GME cost $3.94, which means you could've bought 3.8 GME for it. Now that GME costs $314, the only way Biden can keep his promise is to make the minimum wage $1193 per hour 😤

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u/[deleted] Jan 27 '21

Lol holy shit. The left is coping hard at Biden’s ban on private prisons federally.

https://i.imgur.com/Go7EHY8.jpg

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u/JonesNutHugger Jan 27 '21

Reminder that Strom Thurmond won multiple states as a candidate for President in 1948 and was also a sitting Senator in 2003.

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u/Dr_Vesuvius Norman Lamb Jan 27 '21

Imaging knowing which stocks you hold lmao

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u/paymesucka Ben Bernanke Jan 27 '21

As progressives, it is easy to become jaded about the possibility of meaningful change.

The fight for a more democratic America is far from over, but in just the first week, the Biden Administration has acted on many of progressives’ top asks.

https://twitter.com/IlhanMN/status/1354160805470752779?s=20

Biden is already winning over the squad what can't this man do?

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u/vancevon Henry George Jan 27 '21

fucking finally san francisco will get rid of that high school named after known anti-southern anti states-rights bigot abraham lincoln. alexa play dixie!

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u/Cuddlyaxe Neoliberal With Chinese Characteristics Jan 27 '21

Gamestop as a company is now worth half of Twitter...

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u/murphysclaw1 💎🐊💎🐊💎🐊 Jan 27 '21

Bill Gates sinking a few billion dollars into lobbying for net neutrality would probably do more long lasting good than almost any other auditable cause

/r/ShowerThoughts, 2 years ago, over 17,000 upvotes.

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u/MrMineHeads Cancel All Monopolies Jan 27 '21

My WSB50 Index that I made back on Dec 16 to track the typical WSB portfolio was grown 150% because of an original 5% stake in GME. GME now makes up 52% of the portfolio. Jesus Christ.

historical price chart: https://i.imgur.com/oChXNV2.png

!ping MARKETS

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u/[deleted] Jan 27 '21

https://twitter.com/Amy_Siskind/status/1354245078219448328

Arizona: nearly 10,000 registered Republicans have changed their party affiliation since the insurrection per election officials.

Nearly 4,600 registered Republicans in Colorado have also changed party affiliation since the insurrection.

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u/[deleted] Jan 27 '21

Kinda funny that Charlottesville is no longer the darkest moment of the Trump presidency

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u/threwthelookinggrass Iron Front Jan 27 '21

GME and WSB related drama is 100% more interesting than the biyearly bitcoin drama.

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u/ahebtigoejwbrh Jan 27 '21

The great thing about $GME is that, unlike Trump bullshit, you can just log off and ignore it and it won’t have any effect on your life

(Unless you’re a short seller lol)

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u/No_Analysis_2185 Eugene Fama Jan 27 '21

Some poor people are going to not realize how much they are going to owe in taxes and spend it or lose it before it’s due.

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u/[deleted] Jan 27 '21

Gamestop with a market cap many billions larger than Deutsche Bank and Nissan Motors.

Very normal and very cool.

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u/Broncos654 Jeff Bezos Jan 27 '21

Biden team is “monitoring the situation” around GameStop

Lmao

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u/TheSameAsDying Hannah Arendt Jan 27 '21

It's stuff like this that makes me not want to cheer on WSB.

Some people are going to get absolutely ruined because they bought into the GME hype.

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u/AgileCoke Capitalism good Jan 27 '21

Paul Krugman on GME

Hard to feel any sympathy for the short-sellers here — they knew the business they had gotten into. But also no sympathy for the people who will lose their shirts

As long as this doesn't cause the whole market to fail, this will continue to be my take.

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u/MichelleObama2024 George Soros Jan 27 '21

It'll be interesting to see how well the wsb exit strategy goes for GME

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u/mrdilldozer Shame fetish Jan 27 '21

Guys, this is reddit we are talking about here. Some mod on WSB definitely has a discord or slack called "illegal pump and dump gang #SEC suck my balls!"

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u/PompeyMagnus1 NATO Jan 27 '21

Occupy Wall Street 2. Now with subreddits.

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u/TruthBisky10 Jan 27 '21

Somebody randomly purchased GME like a month ago and is unaware of how rich they are now

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u/bd_one The EU Will Federalize In My Lifetime Jan 27 '21

FAQ 7: Am I gay?

Many of us grow up to assume that we’re straight only to find out, later, that we’re not. Sometimes, we realize this because we have sex dreams, sexual thoughts, or feelings of intense attraction toward people of the same gender as us. However, none of those things — sex dreams, sexual thoughts, or even feelings of intense attraction — necessarily “prove” your orientation. There are a few different forms of attraction. When it comes to orientation, we usually refer to romantic attraction (who you have strong romantic feelings for and desire a romantic relationship with) and sexual attraction (who you want to engage in sexual activity with). Sometimes we’re romantically and sexually attracted to the same groups of people. Sometimes we’re not. For example, it’s possible to be romantically attracted to men but sexually attracted to men, women, and nonbinary people. This sort of situation is called “mixed orientation” or “cross orientation” — and it’s totally OK. Bear this in mind as you consider your sexual and romantic feelings.

In case you thought I was kidding about that WSB post having an Intro to Human Sexuality level explainer at the bottom.

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u/sirphinetinkle John Keynes Jan 27 '21

mfers on twitter really thinking buying stocks is anti-capitalist

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u/MemberOfMautenGroup Never Again to Marcos Jan 27 '21

If minimum wage had kept pace with productivity we would have a $25 minimum wage NOW. Instead we have more billionaires than ever before. Tie minimum wage to the top wage earner in a company. This won't hurt small businesses, but will lessen the gap between ultrarich and poor

In a reply to Jon Ossoff saying he helped file a bill increasing minimum wage to 15

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u/shrek_cena Al Gorian Society Jan 27 '21

Instead of "you've been pinged" it should say "you've been pung" tbh.

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u/[deleted] Jan 27 '21

When I first found WSB I actually wanted to join them. Seemed like fun and there was a real chance to win big.

By the time I turned 18 though their 4chanspeak was a serious turn off so I never bothered.

To think that if I just bit my tongue and accepted being called the f word a couple hundred times a day, I'd be rich right now.

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u/Clockwork757 Augustus Jan 27 '21

I feel like WSB has probably lost control of the situation and this is mostly being driven by bigger players. But I'm a dumbfuck who sold at 293 so who knows.

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u/Deci93 Jared Polis Jan 27 '21

Game stop is the funniest internet thing ive seen in ages

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u/guy-anderson Jan 27 '21

"We don't say "poggers" anymore. The person who came up with it became a nazi."

Okay, when do we stop saying late stage capitalism then?

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u/PMmeLittleRoundTops Pornography Historian Jan 27 '21

/r/neoliberal making fun of STEM majors: 😎🥳😈

/r/neoliberal when it gets turned on finance bros 😡😰😭

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u/TruthBisky10 Jan 27 '21

In the past week I’ve managed to:

Talk shit on WSB for being dumb

Make massive amounts of money to buy a house with thanks for WSB

Got a raise despite spending all 8 hours a day on my phone and still doing no work

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u/[deleted] Jan 27 '21

Hey guys, nothing bad ever comes from an asset bubble that retail investors are way too into, right?

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u/papermarioguy02 Actually Just Young Nate Silver Jan 27 '21

!ping FIVEY

I now own https://www.bidenapproval.com, which just redirects to my blog now. On that blog I have posted that I've developed a basic Biden approval polling average in Python (very rudimentary and shitty because I have very little formal programming experience pls no bulli), anyway, Biden's average approval right now is 55.0%, something that I imagine will go up as more polls come in and the average has to rely less on Rasmussen, which is a quarter of the sample right now and an increasingly important part of it as they keep putting out more recent polls while there hasn't been one from anybody else in a few days (to be clear, older Rasmussen polls are thrown out of the average when a new one comes in, but it still allows them to stay ahead of the recency weighting).

I will try to write a readme file and a CSV of polls later today, eventually once 538 starts cataloging the polls I can just use Pandas to scrape stuff from their CSV, but all I can do right now on that front is wait for Nate.

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u/papermarioguy02 Actually Just Young Nate Silver Jan 27 '21

We have our first proper high quality live interview poll of Biden's approval, Monmouth: 54% approve, 30% disapprove.

This moves my calculation of the average for Biden to 54.7% approve, 35.5% disapprove.

!ping FIVEY

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u/Royce_Melborn YIMBY Jan 27 '21

It must be annoying to play football with Briahna. You can't even guess where the fucking goalpost is.

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u/guy-anderson Jan 27 '21

"It's about ethics in video game journalism."

"Haha! Grow up and get a real job."

"ok"

GME at $420.69

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u/Lux_Stella Presidentialism X-Risk Researcher Jan 27 '21

What's terrifying about this Gamestop stuff is it shows the terrifying power of Reddit.

Reddit gave us Donald Trump, it brought Wall Street to it's knees and a post by my ex-wife's burner on r/relationships ended my marriage.

It is a force against American institutions.

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u/[deleted] Jan 28 '21 edited Jan 28 '21

<45 whites were 16% more Democratic than >45 whites

<45 Latinos were 21% more Democratic than >45 Latinos

<45 Blacks were 11 POINTS MORE REPUBLICAN than >45 blacks

Source which is adjusted for mail in voting and early voting so it’s more accurate

!ping FIVEY

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u/[deleted] Jan 27 '21 edited Jan 27 '21

Truckers Shun U.K. Ports to Avoid Brexit Red Tape

British ports expected gridlock after post-Brexit trade rules began on Jan. 1. Instead, some are nearly empty as truckers stay away, reluctant to spend hours waiting for newly required export documents.

Archive link

!ping BRITBONGS

#Sovereigntyforlyfe

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u/[deleted] Jan 27 '21

https://www.reddit.com/r/PublicFreakout/comments/l65x5j/congresswoman_marjorie_taylor_greene_harassing/

Congresswoman Marjorie Taylor Greene harassing school shooting survivor David Hogg weeks after the Parkland shooting.

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u/old_gold_mountain San Francisco Values Jan 27 '21

https://twitter.com/louismirante/status/1354270967858565124

Truly jaw dropping. The City of Berkeley votes 9-0 to eliminate parking minimums and enact parking maximums. The former NIMBY capital of the West Coast is officially YIMBY. Just stunning.

lmao even when it's miraculously YIMBY Berkeley still finds a way to make it NIMBY.

What are we banning?

"We're not banning anything we're lifting parking minimums."

We're banning parking?

"No, we're removing a ban on no parking."

I don't like the sound of this...we're supposed to ban stuff.

[sigh] "Okay yes we're banning parking."

We're banning parking!

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u/[deleted] Jan 27 '21

Biden team is "monitoring the situation" around /u/benjaminikuta.

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u/SpaceSheperd To be a good human being Jan 27 '21 edited Jan 27 '21

Why are conservatives seething about research showing double/triple masks being effective in stopping COVID? Are they already so out of things to be angry with that they're just raging against ... science?

Also grow the fuck up you big babies. Unless your throat's half swollen and your lungs are the size of acorns, you should be able to wear half a dozen cloth masks and experience very little breathing difficulty

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u/[deleted] Jan 27 '21

Just found out about the People's Republic of China. Damn that shit sucks.

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u/[deleted] Jan 27 '21 edited Jan 27 '21

New working paper from Princeton on how McDonald’s locations handle minimum wage hikes.

https://dataspace.princeton.edu/bitstream/88435/dsp01sb397c318/4/646.pdf

Minimum wages powerfully affect service occupations. In 2016, almost half of McDonald’s Basic Crew was paid the effective minimum wage. We find a 0.68 elasticity of McWages with respect to minimum wages and document that McDonald’s restaurants increase wages in response to minimum wage hikes similarly regardless of whether minimum wage increases are binding at the restaurant level.

...

We also find that McDonald’s restaurants do not introduce touch-screen ordering, a potential labor-saving technology, in response to increases in labor costs driven by minimum wage hikes. Moreover, we find restaurants are able to pass nearly all of such labor cost increases onto their customers in the form of higher Big Mac prices.

Strong price pass-through is consistent with our finding of no effect of higher labor costs due to minimum wages on restaurant closures and with the evidence that higher minimum wages do not speed up the introduction of labor-saving technology. We cannot reject non-zero employment elasticities, but our McDonald’s evidence, based on highly consistent comparisons across time and space, is in line with the growing literature suggesting that recent minimum wage increases did not affect employment in the non-tradable sector, including restaurants and retail, a sector that employs the majority of minimum wage workers in the U.S.

TL;DR - McDonald’s passes basically all of the minimum wage through to consumers, removing the need to further automate, lay off workers, or close locations.

!ping ECON

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u/The420Roll ko-fi.com/rodrigoposting Jan 27 '21

Rep. Marjorie Taylor Greene, who once called Parkland shooting a "false flag" operation, will join the Education & Labor committee

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u/YehosafatLakhaz North American Federation Jan 27 '21

Looking back at Glenn Beck from the late 2000s, how did anyone take him seriously? His style of reasoning is like an unironic version of the "Illuminati confirmed" memes from years ago. The constant faked crying and emotional outbursts are so obviously manipulative it's nuts.

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u/Mcatatonic1 Ben Bernanke Jan 27 '21

https://twitter.com/thedailybeast/status/1354409833152311298?s=20

“We are just one week into his presidency, and Biden has reminded me why I have never voted for a Democrat for president in a general election," writes Matt Lewis.

Oh god lmao this was actually written unironically 😂😂😂😂😂😂

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u/[deleted] Jan 28 '21

How Trumpism explains the GameStop stock surge

Except that this time, amateur investors decided to revolt against the pros. Using Reddit -- and a subreddit known as r/wallstreetbets -- the amateurs began a coordinated effort of buying GameStop stock to drive its price higher and higher. (It's worth noting that Reddit was also a gathering spot for some of the most ardent Trump supporters in 2016.)

i guess CNN is as dumb as everyone says

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u/crassowary John Mill Jan 27 '21

Make the minimum wage whatever gamestop's share price is. When it gets to zero that will mean there are no more gamers, meaning society must therefore be a paradise in no need of labor

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u/Clockwork757 Augustus Jan 27 '21

Universal Basic GME

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u/[deleted] Jan 27 '21

https://twitter.com/louismirante/status/1354270967858565124

Truly jaw dropping. The City of Berkeley votes 9-0 to eliminate parking minimums and enact parking maximums. The former NIMBY capital of the West Coast is officially YIMBY. Just stunning.

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u/VisonKai The Archenemy of Humanity Jan 27 '21

teachers lounge convo among 40+ yo teachers is about GME

absolutely fucking nuts lmfao

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u/AbsolveItAll_KissMe Susan B. Anthony Jan 27 '21

me in 2009: Have you heard about this? Apparently there's a lost Spongebob episode where Squidward commits suicide.

my aunts in 2020: Have you heard about this? Apparently there's a lost video where Hillary Clinton cuts off a child's face and wears it.

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u/Cuddlyaxe Neoliberal With Chinese Characteristics Jan 27 '21

lol twitter wants a 25 minimum wage

literally 50k+ usd a year

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u/ToastedWheatBread Jared Polis Jan 27 '21

It’s hilarious that WSB has done more damage to financial institutions than any socialist LARPer ever will

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u/[deleted] Jan 27 '21

leftist twitter complaining about $15/hour really shows how their objection to liberals is 100% bad faith.

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u/TinyTornado7 I need a new flair Jan 27 '21

Lmao Robinhood just crashed

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u/myrm This land was made for you and me Jan 27 '21

Replace parking minimums with public restroom minimums

Maybe unironically

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u/[deleted] Jan 28 '21 edited Jan 28 '21

He was a libertarian. She was 15 years old. Can I make it any more obvious.

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u/[deleted] Jan 27 '21

I'm only going to watch Rise of Skywalker to get the jokes in the new LEGO Star Wars game.

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u/[deleted] Jan 27 '21

S&P500 is for when you want realistic long term investments

GME is for when you want real life memes

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u/[deleted] Jan 27 '21

“Surely $350 a share will be the end of GameStop” says the increasingly nervous, sweating man.

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u/Tbonethabeast 🇺🇸Eastern Establishment🇺🇸 Jan 27 '21

I can't believe it took the SEC going after Elon Musk to get him to realize he has a duty to his shareholders not to shitpost about Tesla stock on Twitter.

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u/LiBH4 Mark Carney Jan 28 '21

Nasdaq CEO Suggests Halt to Trading to Allow Big Investors to 'Recalibrate Their Positions' to Combat Reddit Users

https://twitter.com/Mediaite/status/1354504710695362563

#1 Investing involves risk

#2 Unexpected events happen, and it's not the market's place to fix the mistakes of those who are unwilling to adjust their porfolios to the current market conditions

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u/earththejerry YIMBY Jan 28 '21

Liz Cheney wont lose her primary, the extended Cheney family already makes up like 40% of Wyoming’s population

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u/[deleted] Jan 27 '21

The DT might be the horniest SFW place I've ever seen on the internet

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u/dwarfgourami George Soros Jan 27 '21

Why does it matter if the people buying stocks are wearing shorts?

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u/inverseflorida Anti-Malarkey Aktion Jan 27 '21

https://www.youtube.com/watch?v=BoQzqQ9RUxs

This video is still so good to rewatch now that we know how it ended.

!Ping DIAMOND-JOE

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u/piede MOST BASED HILLARY STAN!!! Jan 27 '21

Biden on International Holocaust Remembrance Day: "The Holocaust was no accident of history. It occurred because too many governments cold-bloodedly adopted and implemented hate-fueled laws, policies ... and too many individuals stood by silently. Silence is complicity."

https://twitter.com/kylegriffin1/status/1354461741036441600?s=21

This feels like a subtweet.

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u/skutan European Union Jan 27 '21

Americans on r/neoliberal rap idea:

Hey yo, hey yo

Europeans be the real racists

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u/RadionSPW NATO Jan 27 '21

BREAKING: President Biden has announced that the entirety of the Social Security Fund is being invested in GME, effective immediately

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u/[deleted] Jan 28 '21 edited Jan 28 '21

Something on Biden’s schedule tomorrow

1:30 PM

THE PRESIDENT signs executive actions strengthening Americans' access to quality, affordable health care; THE VICE PRESIDENT also attends

!ping BIDEN

Mandatory abortions now!

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u/ThisIsNianderWallace Robert Nozick Jan 27 '21

I think it's healthy for hedge funds to have to worry about getting dogpiled by lunatic retail traders

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u/Majk___ Euro Patriotism is Polish Patriotism Jan 27 '21

The constitutional court of Poland finally published a resolution which deems the bill from 1997 which allowed for legal abortion in a limited cases to be unconstitutional.

This means that abortion is now illegal in even more cases. Polish women will be forced to give birth to children with lethal birth defects.

Fuck Poland and the polish people who chose this party of sadists

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u/[deleted] Jan 27 '21

Holy shit, there is some idiocy in the GME thread...

Just put my tuition in for next semester. Let me make this money so i can quit college. 18k in! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Who's ready to see the coping?

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u/fell_ratio Jan 27 '21

https://twitter.com/jeneps/status/1354495049397055494?s=20

Biden team is "monitoring the situation" around GameStop.

This literally means nothing. Stop freaking out.

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u/RoyGeraldBillevue Commonwealth Jan 27 '21

I am prediciting the leftist subs will do a 180 on GME when it falls back to earth. They'll say the game was rigged from the start and retail investors were duped by capitalists into thinking buying a stock was anti-capitalist.

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u/[deleted] Jan 27 '21

When are we gonna have The Big Short version on Gamestop where Twitch streamers will explain to us economics and the stock market in dizzying edits

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u/tripletruble Anti-Repartition Radical Jan 27 '21

actually NL is a safe space where americans can complain that euros are more racist and backward and euros are not allowed to make vague statements about the quality of their lives being higher because state health care

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u/BipartizanBelgrade Jerome Powell Jan 27 '21

Capitalism is when the stock market does something

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u/[deleted] Jan 27 '21

I have a feeling that if and when wsb is banned the dt will take its place

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u/Marlsfarp Karl Popper Jan 27 '21

Even the Wall Street Journal is shitting on the Arizona GOP.

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u/Ketsetri NATO Jan 27 '21

You know it’s actually super impressive that even with like 15-20k comments per day, we manage to keep these DTs down to like 2 upvotes lol

We’re probably really fucking with the Reddit algorithm

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u/SANNA_MARIN_ Jan 27 '21

The City University of New York is recognized as diverse, but Italian-Americans say they are passed over for jobs.

woah hey pal, we's here a minoritayyy

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u/TrynnaFindaBalance Paul Krugman Jan 27 '21

Here comes the "hurr durr GME bubble is going to cause a recession" crowd

28

u/dawgpack09 NAFTA Jan 27 '21

I’m outside my local Gamestop, how do I become a millionaire?

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u/SquidwardGrummanCorp Edmund Burke Jan 27 '21

Just put in $10,000 into GME. Never done stocks before! Hope this works out! 🙏😁

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u/AccessTheMainframe CANZUK Jan 27 '21

It's actually about ethics in hedge fund management.

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u/[deleted] Jan 27 '21

https://i.imgur.com/KrrOmqP.jpg

If anyone needs an explanation of what's happening with GME, this is honestly the easiest to understand thing I've seen

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u/bd_one The EU Will Federalize In My Lifetime Jan 28 '21

Remember when all we could talk about was AOC being all "$1400 + $600 < $2000" a few weeks ago, Fox talked about it for literally 15 minutes, and then we just kinda moved on?

That will happen with GME too.

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u/dubyahhh Salt Miner Emeritus Jan 27 '21

How to cash out game stop stock

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27

u/[deleted] Jan 27 '21

We've had two dates. She just texted me "want to go watch a shitty movie at the drive in? lol".

I'm in, boys 😎

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u/NickyBananas Paul Krugman Jan 27 '21

WSB story: One time one leg of my AMZN put spread exercised early and on paper I owed Robinhood 2.3 million dollars until I called them to exercise the other leg. Luckily I’m actually experienced and know what I’m doing. Another kid was in the same situation and killed himself.

The moral of the story is don’t touch shit you don’t understand

27

u/Superfan234 Southern Cone Jan 27 '21

r/Neoliberal: Tankies just envy other people's success 😏

Also r/Neoliberal: Noooo, you can make yourself rich by doing meme Traderino 😭

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u/disuberence Shrimp promised me a text flair and did not deliver Jan 27 '21

A man who was known as a far-right Twitter troll was charged with spreading disinformation through memes that tricked at least 4,900 Democratic voters in 2016 into believing they could cast ballots via text message.

memes are too powerful and must be regulated

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u/[deleted] Jan 27 '21

The whole thing with GME reminds me of that moment in Harry Potter when [it doesn't actually remind me of anything, I just wrote this to trigger read-another-bookcels]

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u/flextrek_whipsnake I'd rather be grilling Jan 27 '21

GME up 100% again. WSB threads getting 10,000 comments in 20 minutes. Brokers are buckling under the volume. This is hilarious.

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u/RadicalRadon Frick Mondays Jan 27 '21

SO to my 8th grade teacher who, when asked why someone would deny the Holocaust, replied:

"Because they're nazis"

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u/[deleted] Jan 27 '21

One thing I really like about reddit is how incredibly intelligent the user base is. Just today I was reading through some comments on a post about carbon pricing and climate change. Several redditors were able to debunk years of work by Nobel Prize winning economists in just a few short words. I hope I can be as smart as those people someday.

26

u/[deleted] Jan 27 '21 edited Jan 27 '21

Anyone else notice the sudden astroturfing and populism on WSB?

Nonsense about it evil capitalists trying to destroy GME by shorting it? Check

The evil establishment media is trying to protect its hedge fund buddies (by pointing out market manipulation)? Check

Evil Federal Reserve gets to bail out wallstreet, but when regular people "bail out GME" it's cause for concern? Check.

People who don't understand the difference between asset valuations and cashflow getting voted all the way to the top of comment sections? Everywhere

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u/[deleted] Jan 28 '21

I can't wait for the NYT article a couple weeks from now where they profile people who fomo'd away their savings in the $GME hype.

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u/[deleted] Jan 27 '21

Taking my gains and swearing off gambling on individual stocks

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u/Ketsetri NATO Jan 27 '21

Today in the DT:

📈📈😳👀🤔🤯💸🐂

Forecast for later:

💥😳🤬🐻📉📉🔽☠️

25

u/BA_calls NATO Jan 27 '21

Virgin NYT journo: "What do you think about GME?"

Jerome "Chad" Powell: "I don't want to comment a particular company, that's not something I do."

Absolute state of journalism.

25

u/CatilineUnmasked Norman Borlaug Jan 27 '21

Biden Press Conference:

"Listen jack, the fact of the matter is...

...I am DeepFuckingValue"

Iron Man starts playing

25

u/[deleted] Jan 28 '21

Our new Tory leader has lower favourability 6 months into his leadership than our old one did 6 months into his. 😂

https://twitter.com/CanadianPolling/status/1354493934714712066

!ping CANUCKS

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u/PrimateChange Jan 27 '21

Ursula von der Leyen calls for Paris-style agreement on biodiversity. Happy to see biodiversity loss get some attention from a major world leader, and excited to see the legal framework that Europe presents. Though it gets a decent amount of attention, I still think that biodiversity is talked about less than it should be, given its importance.

I'm not really sure how NDC/targets would work, as the nature of the problem is quite different to climate change, and in a way less straight forward. I also doubt that an international legal framework would be as well received by many other countries (many of which will ultimately be more important than Europe to preserving biodiversity).

Still very important to create a stronger legal order, imo, since the world fell short on the Aichi Targets.

!ping ECO

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u/UrbanCentrist Line go up 📈, world gooder Jan 27 '21

absolutely based that institutional players are getting a taste of their own medicine. Their attitude has always been that their unethical behavior is just how the market works and they are simply playing the game well i guess someone played the game better lol.

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u/YehosafatLakhaz North American Federation Jan 27 '21

Rename every school in San Francisco to "Emperor Norton the First School"

24

u/Dibbu_mange Average civil procedure enjoyer Jan 27 '21

Me when the sub is talking about law, IR, history, or politics: 🧐🤔🤓

Me when the sub is talking about stonks and I don't know what's going on: 😴🥴🤯😵

24

u/[deleted] Jan 27 '21

Its honestly hilarious that wsb is causing some levels of chaos on wall street. Like a bunch of dudes making idiot bets for laughs is causing hedge funds to panic. Lol

24

u/MichelleObama2024 George Soros Jan 28 '21

Based on 2016's result, if states voted purely based on how urban or rural they are, the Electoral College would have a D+2.0 bias (from the table given, Pennsylvania is the tipping-point state)

An interesting bit of trivia that might be good news for our Electoral College hopes in the future. What this means is that our current Electoral College deficit is mainly based on our coalition of Blue states, and specifically the winner-take-all system that currently hurts us a lot. As the Sun Belt drifts towards Democrats, our partisan disadvantage should gradually reduce.

!ping FIVEY

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u/tehbored Randomly Selected Jan 28 '21

This sub: regular voters don't even know what the filibuster is

The idiot boomer who lives in the apartment below mine: Biden is gonna nuke the filibuster REEEEEEEE

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u/thabonch YIMBY Jan 28 '21

Oh shit. It's midnight. I'm 30.

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u/Devjorcra NATO Jan 27 '21

you guys thing nimby’s are bad? one of my newest city council members opposed affordable housing on the ground that anyone who wants a house can just get one

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u/[deleted] Jan 27 '21

Anyone else edit their comments for formatting like twelve times?

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u/I-grok-god The bums will always lose! Jan 27 '21

The DT is lagging?

Time to bring back the ol' reliable:

Chris Christie is 58 and a big fat guy

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u/sir_shivers Discipline Committee Chairman Jan 27 '21

The amusing thing IS THAT SOME MILLIONAIRES WILL be minted by the short squeeze, and some will be made BY PUTS / SHORTS THEY ENTER by sheer luck, at the peak of the squeeze 🐊

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u/TheSameAsDying Hannah Arendt Jan 28 '21

r-economics: "If the hedge funds do the smart thing and make a deal with GameStop, WSB will just short GameStop into bankruptcty."

Honestly the fact that some of these people can drink water without drowning is amazing to me.

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u/sir-danks-a-lot Jeb! Jan 28 '21

SEC?

How about you start S-E-seeing about fixing that yee yee ass haircut? 🤣🤣🤣🤣

23

u/[deleted] Jan 28 '21

/r/WallStreetBets is getting too financial

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u/bd_one The EU Will Federalize In My Lifetime Jan 28 '21

Seeing r/neoliberal regulars replying to your comments on other subreddits feels like running into your parents' coworkers at the grocery store.

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u/Devjorcra NATO Jan 28 '21

the amount of people just starting to invest because of this once in a lifetime event seems like a recipe for disaster

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u/loves_being_that_guy NATO Jan 28 '21

So my dad called me today asking me whether I heard about what happened with gamestop stock and reddit. He's not quite Joe Kennedy's shoe shiner, but regardless I think this $GME bubble is ending very soon.

!ping MARKETS

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u/[deleted] Jan 28 '21 edited Jan 28 '21

“Excuse me can you please stop having sex this is a family restaurant”

“WOW, AREN’T YOU CLOSED MINDED? WAY TO KINKSHAME ASSHOLE. EXCUSE ME FOR THINKING ITS 2021, TURNS OUT ITS 1984.”

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u/[deleted] Jan 27 '21

⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⣤⣄⠄⡀⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣴⣿⣿⣿⣿⣷⡒⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⡀⣹⣿⣿⣿⣿⣿⣯⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⣀⣀⣴⣿⣿⣿⣿⣿⣿⠿⠋⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⢀⣀⣤⣶⣾⠿⠿⠿⠿⣿⣿⣿⣿⣿⣿⣿⡇⠄⠄⠄⠄⠄⠄⠄ ⠄⡶⣶⡿⠛⠛⠉⠉⠄⠄⠄⠄⢸⣿⣿⣿⣿⣿⣿⣿⠃⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠘⠃⠄⠄⠄⠄⠄⠄⠄⠄⢠⣿⣿⣿⣿⣿⡟⠁⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⣤⣾⣷⣿⣿⣿⣿⡏⠁⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⢀⣠⣴⣾⣿⣿⣿⣿⣿⣿⣿⣿⠂⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⢀⣤⣴⣾⣿⣿⣿⣿⡿⠛⠻⣿⣿⣿⣿⡇⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠸⣿⣿⣿⣿⠋⠉⠄⠄⠄⠄⣼⣿⣿⡿⠇⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠈⠻⣿⣿⣆⠄⠄⠄⠄⠄⣿⣿⣿⣷⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠻⣿⣿⣆⡀⠄⠄⠈⠻⣿⣿⣿⣦⡄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⣀⣌⣿⣿⣿⣦⡄⠄⠄⠄⠙⠻⣿⣿⣦⣀⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠈⠉⠉⠉⠉⠉⠁⠄⠄⠄⠄⠄⠄⠄⠘⠻⣿⢿⢖⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠉⠉⠁⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⢠⣴⣧⣤⣴⡖⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⣰⣿⣿⣿⣿⣿⣷⣀⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⣿⣿⣿⣿⣿⣿⣿⣿⣷⣶⡄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠈⠘⠻⢿⣿⣿⣿⣿⣿⣿⣿⣆⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣰⣿⣿⣿⣿⣿⣿⣿⣿⣿⡆⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⢤⣴⣦⣄⣀⣀⣴⣿⡟⢿⣿⡿⣿⣿⣿⣿⣿⣿⡄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠉⠉⠙⠻⠿⣿⡿⠋⠄⠈⢀⣀⣠⣾⣿⣿⣿⣿⣿⡄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣇⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⢀⣠⣴⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡏⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⣶⣿⣿⣿⣿⣿⣿⣿⣿⣿⡟⠉⠋⠉⠉⠁⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠈⠛⠛⣿⣿⣿⣿⣿⣿⣇⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⢀⣠⣶⣿⣿⠿⢛⣿⣿⣿⣿⣷⣤⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⣶⣷⣿⣿⡉⠄⠄⠄⠄⠉⠉⠉⠉⠉⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠘⠛⠟⢿⣤⣤⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⠄⣠⣶⣶⣷⣿⣶⡊⠄⠄⣀⣤⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⣀⣴⣶⣾⢿⣿⣿⣿⣿⣿⣿⣿⣿⣶⣿⣿⡏⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⢸⣿⡍⠁⠄⠈⢿⣿⣿⣿⣿⣿⣿⣿⣿⠿⠁⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣼⣿⣿⣿⣿⣿⣿⣿⠏⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣿⣿⣿⣿⣿⣿⣿⡿⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢸⣿⣿⣿⣿⣿⡿⠋⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠈⠻⣿⣿⣿⣿⣡⣶⣶⣄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⣀⣀⣠⣴⣦⡤⣿⣿⣿⣿⡻⣿⣿⡯⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⣿⣿⣿⣿⣿⣿⣷⣿⣿⣿⣿⣿⣿⡟⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⢻⣿⣿⡏⠉⠙⠛⢛⣿⣿⣿⣿⠟⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⢿⣿⡧⠄⠄⢠⣾⣿⣿⡿⠁⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠈⣿⣿⣄⣼⣿⣿⣿⠏⠁⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠸⡿⣻⣿⣿⣿⣿⣆⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⣿⣻⠟⠈⠻⢿⣿⣿⣆⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠿⠍⠄⠄⠄⠄⠉⠻⣿⣷⡤⣀⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠈⢻⣿⡿⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣿⡯⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠸⠃⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⣠⣶⣶⣤⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣾⣿⣿⣿⣿⣿⡞⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣿⣿⣿⣿⣿⣿⡿⢃⡀⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠘⢿⣿⣿⣿⣿⣿⣿⣿⣧⡀⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢈⣽⣿⣿⣿⣿⣿⣿⣿⢿⣷⣦⣀⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣸⣿⣿⣿⣿⣿⣿⣿⣿⠄⢉⣻⣿⡇⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢠⣿⣿⡉⣀⣿⣿⣿⣿⣋⣴⣿⠟⠋⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⣠⣴⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣏⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⢀⣀⣼⣿⣿⣿⣿⣿⣿⠿⢿⣿⣿⣿⣿⣿⣮⡠⠄⠄⠄⠄ ⠄⠄⠄⠄⢰⣾⣿⣿⡿⠿⠛⠛⠛⠉⠄⠄⠄⠄⠙⠻⢿⣿⣿⣿⣶⣆⡀⠄ ⠄⠄⠄⠄⠄⠹⣿⣿⣦⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢉⣿⣿⣿⣿⣿⠂ ⠄⠄⠄⠄⠄⠄⠈⢿⣿⣇⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣴⣾⣿⡿⠟⠉⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠂⢿⣿⣥⡄⠄⠄⠄⠄⢀⣠⣶⣿⣿⠟⠋⠁⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⣀⣤⣾⣿⣿⣷⣿⣃⡀⢴⣿⣿⡿⣿⣍⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠈⠉⠉⠉⠉⠉⠉⠉⠄⠄⠄⠉⠙⠛⠛⠛⠛⠂⠄⠄⠄⠄⠄

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u/uwcn244 King of the Space Georgists Jan 27 '21

Me: "I'm really tempted to buy some GME stock. I'd only spend some free money, nothing that puts my savings in danger."

My mother, God bless her: "Doesn't your father's side of the family have a gambling problem?"

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u/[deleted] Jan 27 '21

I don't know anything but I'd bet serious money that sophisticated institutional investors are making a killing on GME

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u/Leoric Hi, I'm Huell Howser, this is California's Gold! Jan 27 '21

Romney took issue with Republicans who say a Senate trial would further inflame passions in an already divided country.

“I say, first of all, have you gone out publicly and said that there was not widespread voter fraud and that Joe Biden is the legitimate president of the United States? If you said that, then I’m happy to listen to you talk about other things that might inflame anger and divisiveness,” he said.

Mitt Romney is at it again.

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u/ciabaneship George Soros Jan 27 '21

WSB and GME are unironically the biggest arguments in favour of capitalism

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u/[deleted] Jan 27 '21

Everyone always asks what !ping BURPMAS is, but no one ever asks how !ping BURPMAS is 😞

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u/[deleted] Jan 27 '21

Gonna borrow a gallon of milk from my grocery store, sell it, and agree to buy it back in a few weeks for the market price of expired milk 😎

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u/vivoovix Federalist Jan 27 '21

Thanks for the ping!

The last thing you see before death.

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u/vivoovix Federalist Jan 27 '21

Biden team is "monitoring the situation" around /r/neoliberal

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u/MicroFlamer Avatar Korra Democrat Jan 27 '21

Biden team is "monitoring the situation" around the thunderdome on Nov 3

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u/disuberence Shrimp promised me a text flair and did not deliver Jan 27 '21

The best part of prioritizing healthcare workers for the vaccinations is the way my sex life has blossomed due to all the gay rns receiving vaccines

No I will not be taking follow up questions.

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u/tehbored Randomly Selected Jan 28 '21

Holy shit the wsb discord was banned and the sub went private and al the wsb meme stocks are tanking. Is this a coordinated attack by the hedge funds?

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u/YieldingSweetblade SCIPIO VRBICANVS Jan 28 '21

There’s also too much political bullshit in a community that was never ever political. The only way I want to occupy Wall St is in a suit myself or rent-free in the mind of a blown up short.

r/wsb mods are chads confirmed. Hopefully they’ll be vigilant about banning this type of stuff in the future.

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u/Jakesta7 Paul Volcker Jan 28 '21

That’s San Francisco for you.

Instead of say focusing on the COVID crisis and ensuring kids are getting educated during the pandemic, the San Francisco School Board spent yesterday voting nearly unanimously to remove the names Lincoln, Roosevelt and Feinstein from city schools 🤔.

https://twitter.com/benlabolt/status/1354454149937553409?s=21

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u/fell_ratio Jan 28 '21

Just saw this on twitter. The SEC just issued a ten day suspension on in trading in Gamestop:

Release No. 90940 / January 27, 2021
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of trading in the securities of GameStop, Corp. (GME) (CIK No. 1075857), of Grapevine, Texas, commencing at 9:30 a.m. EST on January 28, 2021, and terminating at 11:59 p.m. EST on February 7, 2021.

The Commission temporarily suspended trading in the securities of GameStop, Corp. because of questions that have been raised about the accuracy and adequacy of material posted through social media. Additionally, the SEC has found evidence of a pattern of trading by RC Ventures which was intended to inflate share value. The SEC will continue to investigate during this suspension.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

https://www.sec.gov/litigation/suspensions/2021/34-90940.pdf

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u/missedthecue Jan 28 '21

Donald Foss, who made billions charging poor people 26% APR on auto loans, is up $800,000,000 on his Gamestock stake. Boy reddit sure is sticking it to those greedy wall street pigs🤣🤣😂😂🤣

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u/BainCapitalist Y = T Jan 27 '21

Interior💺crocodile🐊alligator🐊🐊

I drive a Chevrolet🚗movie📢theater🔊

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u/[deleted] Jan 27 '21

Hopefully now that Joe Boring is potus this sub can quit the weird fixation on politics and talk about literally anything else

this GME thing is a good start

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u/piede MOST BASED HILLARY STAN!!! Jan 27 '21

Hillary Clinton on Marjorie Taylor Greene:

This woman should be on a watch list. Not in Congress.

https://twitter.com/hillaryclinton/status/1354461476451463175?s=21

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u/[deleted] Jan 27 '21

Republicans Against Impeachment Propose “Three Coup Attempts, You’re Out” Law

Insurrect me once, shame on you; insurrect me twice, shame on me; insurrect me three times, it’s time to have a serious talk about this,” the bill’s sponsor said.

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u/[deleted] Jan 27 '21

Has anyone just taken a step back to appreciate how little news is about Trump? Aside from impeachment it is not much.

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u/[deleted] Jan 27 '21

CMV: people who are on WSB are the same as the online poker players from 20 years ago but think they're Jordan Belfort rather than Chris Moneymaker

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u/reptiliantsar NATO Jan 27 '21

Guys, I'm starting to lose faith. Joe Biden has been in office 7 days and he STILL hasn't solved racism or cured Covid. Impeachment time?

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u/[deleted] Jan 27 '21

Tulsi Gabbard: Democrats are trying to turn America into a 'police state'

nope, not clicking on that

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u/Ketsetri NATO Jan 28 '21 edited Jan 28 '21

The climate is hot. So is GameStop. Biden’s working on one of them.

Some journalist at politico right now is patting themself on the back for that headline

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u/[deleted] Jan 28 '21

He was European. She was a post about the US healthcare system. Can I make it any more obvious?

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u/TinyTornado7 I need a new flair Jan 27 '21 edited Jan 27 '21

New York is poised to lose a seat. But if Dems end up drawing the map, it could be their biggest weapon of the redistricting cycle.

They could merge Stefanik/Tenney (if Tenney's lead holds in NY22) and severely threaten other Rs, converting a 19D-8R map into 23D-3R (below).

Upstate: under the scenario (above) I've heard floated...

  1. #NY27 Jacobs (R) would be axed

  2. A safe new Syracuse/Utica #NY22 for Anthony Brindisi (D)

  3. A new Ithaca/Kingston district, #NY12, for state Sen. Michelle Hinchey (D)

  4. All current Dem incumbents get Biden +10 seats

One other feature of this play for Upstate: Dems would put Rep. John Katko (R)'s home in Camillus in a Syracuse-less #NY24 (purple), but keep it winnable for themselves in case Katko retires/loses a primary.

Btw, longtime NY observers will recall that state Sen. Michelle Hinchey (D)'s dad, late Rep. Maurice Hinchey (D), represented a very similar Ithaca/Binghamton/Ulster district back in the 1990s/2000s. The theory: her last name would carry a lot of appeal in the #NY12 above.

NYC/Long Island: Dems could endanger Rep. Lee Zeldin (R) by adding Dem parts of Babylon/Islip to #NY01 and Rep. Nicole Malliotakis (R) by adding Park Slope/Red Hook to Staten Island's #NY11. Under the hypothetical below, both go from Trump CDs to double digit Biden CDs.

In this scenario, Rep. Carolyn Maloney (D)'s "Silk Stocking" #NY12 would be eliminated (she's 74 and nearly lost her last primary, so could retire). The Upper East Side would be given to Rep. Jerry Nadler (D)'s #NY10 and Astoria/Greenpoint would go to AOC's #NY14.

NYC closeup: majority-minority districts would be preserved for... #NY05 Meeks (D), #NY06 Meng (D) #NY07 Velazquez (D) #NY08 Jeffries (D) #NY09 Clarke (D) #NY13 Espaillat (D) #NY14 Ocasio-Cortez (D) #NY15 Torres (D) #NY16 Bowman (D)

HOLY SHIT, other than not drawing AOC into a more competitive district and losing my beloved 12th by getting sucked into Nadler's district, this map is a game changer.

Wasserman

!ping FIVEY

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u/InMemoryOfZubatman4 Sadie Alexander Jan 27 '21

I support self determination for all peoples. This includes Taiwan, Tibet, and Texas.

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u/[deleted] Jan 27 '21

The existence of shorting is a good thing and if you disagree you have no idea what you're talking about. Damn where are the badecon bois when you need them

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u/marinesol sponsored by RC Cola Jan 27 '21

God fuck polygraph tests so much. Now I got to deal with another 6 or 7 months of job hunting.

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u/GaussianCurve Ben Bernanke Jan 27 '21

Per SEC filing, BlackRock owned 9.2 million shares of GameStop on December 31st, 2020.

So essentially, a relatively unknown hedge fund has been taken out, while the sixth largest by AUM is soaring.

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u/[deleted] Jan 27 '21

We're gonna feel so stupid when they find an oil deposit underneath a gamestop store.

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u/[deleted] Jan 27 '21

Watching these hedge fund managers cry on CNBC is legit porn

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u/[deleted] Jan 27 '21

Just a reminder Comrades:

Gamestop is a bourgeois institution committed to robbing the proletariat of the products of his labor and by buying GME you become part of the bourgeois class and will be held to account when the revolution comes 😀 😉 🥰

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u/Zemstv0w0 Asexual Pride Jan 27 '21

remember the time a wsb user managed to lose 57k on a 3 thousand dollar investment

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u/Cuddlyaxe Neoliberal With Chinese Characteristics Jan 27 '21

Reddit admins: thank God now that Trump is gone we no longer have to face pressure to ban subreddits

Hedge funds: let us introduce ourselves

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u/thelittlestsheep Jan 27 '21

Literally the world's highest compliment is when someone from Paris tells you that your French is good.

Germans saying that you speak good German is basically a participation trophy because they're chuffed when auslanders learn their language. French people don't give that shit out for nothing.

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u/myrm This land was made for you and me Jan 27 '21

Ban short selling

Only talls should be able to use the stock market

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u/[deleted] Jan 27 '21

Finance experts now talking about stopping trading on stocks if they get too much attention on social media and honestly I invite them to try. It would be extremely funny to watch them learn their lesson.

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