GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality
The GameStop debacle shows exactly how foundationless the financial market really is at a time when Wall Street’s performance looks deceitfully rosy.
In this episode of Keiser Report, Max and Stacy look at the options trading that led to the GameStop debacle, and at the surge in foreign direct investment into China, and the collapse of FDI into the US that may lead to the next one.
Really, when the market keeps going up amid a major pandemic, millions of people losing their jobs,forest fires decimating parts of the country and, and, and it doesn't take a genius to know the market has been fixed to only benefit a few corrupt market gamblers.
Trading on the futures markets is very risky, don't even get me started on soybeans. Anyone remember Enron? A perfectly good gas exploration company whose stock made some money for me but I got out when natural gas began to be traded on the commodities exchange and Enron began trading natural gas futures.