return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square141linkfedilinkarrow-up1695arrow-down122
arrow-up1673arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 23 days agomessage-square141linkfedilink
minus-square5C5C5ClinkfedilinkEnglisharrow-up69·23 days 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-up17·23 days agoThe word is regulatory capture, and the game is upwards wealth transfer.
minus-squarePasserby6497@lemmy.worldlinkfedilinkEnglisharrow-up11·23 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-squareexcursion22@piefed.calinkfedilinkEnglisharrow-up5·23 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-up5·23 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.
minus-squareAtherel@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up4·23 days agoThe government did it itself just way bigger.
minus-squarebaggachipz@sh.itjust.workslinkfedilinkEnglisharrow-up3·23 days agoThey’d probably encourage it
minus-squareThat Weird Vegan she/her@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up2·23 days 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.