My feeling watching the IKBR guys' interview was that he said a little more than he should've. Exposed black holes in the system that people should know about (from their POV). Might cause serious problems, if the WSB folks should be able to keep *holding the line*.
Kind of crazy to think how they could not be prepared for something like this, crazy as it may be. It's like a bank not having enough money to pay their customers' loans (oh yeah, that's right, none of them ever have...) But peoples poor preparedness has stopped shocking me after covid ("no one saw it coming" yeah right... that's what they always say, and it's almost always untrue... And it's not like we didn't have precursors – SARS, H4N1, Ebola, etc. etc. etc. – which should've made us think that "hey, maybe we should have some kind of plan?") Seems like humans are just really really poor looking more than 1 week ahead.I
...And à propos margin, i had a hunch when I first read the word in connection to GME that there were some potential for 1929 like stuff –– well, after what went down this past week, basically all the signs of hyper-mania has been ticked off. |
