return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square138fedilinkarrow-up1661arrow-down117cross-posted to: news@lemmy.world
arrow-up1644arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square138fedilinkcross-posted to: news@lemmy.world
minus-square5C5C5C@programming.devlinkfedilinkEnglisharrow-up61·2 months 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-up15·2 months agoThe word is regulatory capture, and the game is upwards wealth transfer.
minus-squarePasserby6497@lemmy.worldlinkfedilinkEnglisharrow-up10·2 months 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-squareBarneyPiccolo@lemmy.todaylinkfedilinkEnglisharrow-up5·2 months 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-up4·2 months agoThe government did it itself just way bigger.
minus-squareexcursion22@piefed.calinkfedilinkEnglisharrow-up4·2 months agoThis is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
minus-squarebaggachipz@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 months agoThey’d probably encourage it
minus-squareThat Weird Vegan she/her@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·2 months 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
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.
This is the government’s favourite sport. What do you think all the tariff announcements and later withdrawals are doing?
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.