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A Wall Street billionaire is crying about having to pay taxes and says YOU wanting fairness in the system is Bullshit. Leon Cooperman. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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A Wall Street billionaire is crying about having to pay taxes and says YOU wanting fairness in the system is Bullshit. Leon Cooperman. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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| A Wall Street billionaire is crying about having to pay taxes and says YOU wanting fairness in the system is Bullshit. Leon Cooperman. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
From what I understand, Melvin Capital didn't liquidate, but instead sold its position to another company (isn't it a shame retail traders don't have that option, instead of losing everything!). I believe that the squeeze is ongoing, and the coming pump or dump is dependent on who capitulates first (retail or the hedge fund). In the longer-term, of course, the price will return to fair value, which is much lower than it is now, but higher than Melvin believed it should be.
FED market irection for rich investors causing insurrection among poor investors.
I think he's cracking!
So that's why they were forcibly liquidating ppl's GME stonks. The hedgefunds didn't wanna have to buy shares at $400so they twisted robinhood's arm.
Mike is upset with Wallstreet , so he bought Park Ranger hat and will be living in wild as MMT Park Ranger in Central Park NYC hahaha… jk..
A government bailout is not taxpayer money. I thought you understood MMT.
Its still a net loss for the taxpayers of they don't get a penny of it and the brokerages do. Someone else gets put out ahead. I. This case the brokerages
good stuff, Mike…keep up the GREAT work…
Any body bought the market today guys
No
Sold out
I sold off 5.5% of my BTC at the 20% pump. My nephew texted me two hours later, asking my opinion about crypto, saying he just started investing, and he just bought the dips on BTC and Game Stop
.
Upon hearing that, I went back into my account and sold off another 1.5%
Hey Mike, on the national level, fiscal support is GREAT but do you have any concerns regarding the states sucking money out of the private sector…ie/CA has a 15B surplus… NY is thinking about taking more money out of the private sector…
Clearest and best explanation of what is going on …CNBC reporters need to subscribe. Thanks
full market jacket ,the great performance of lee emery and papillon soo soo
HOORAH!!
3:52
"Basically by taxpayers, they get a government bailout."
Mike, I thought you were an MMTer?
This is gold, thanks Mike.
Love the drill sergeant Norman
Game STOP not Spot
i was called a liar for stating what liz warren stated on cnbc wanting to clamp down on "MARKET MANIPULATION" in the face of what redditers did in recent days… lil ms anti wall st (pretending to be) couldn't even scratch out a inch of support of the little guy gettin 1 over on her supporting elites. TO BE A LIAR AGAIN! the next cnbc vid host asked her thoughts on those who took their $600.00 check to participate in "market manipulation" i mean to buy stock…. she filibustered i mean answered ?s that werent even asked to dodge the reality of a pittance she supported with a broader focus on those who aren't US citizens. "WHERE'S THE COPS!" go girl, get those redditers….. @NoExitLoveNow "Sen. Warren: Economy is in trouble, but the market keeps spinning upward" look that cnbc YT headline up & tell me how i'm still a liar….
also as i follow this i watch how THE NEWS reacts in comparrion to other events like jan 6. i supported that so called "insurection" even if it was antifa that lead the way as stupid right wankers say…. FINALLY THE BUBBLE PEOPLE got a dose of what avg citizens been puttin up with over the last yr. i need to call out now congress woman cori bush who led the march onto a private residence in st louis to kill n burn their house down. the owners (rightfully so) came out with guns to defend their life, liberty & property against a mob violating them for no reason. as victims are falsly bein dragged as fellons.
4:34 these guys are sociopaths