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My friend composed this article spending many hours on obtaining factual FOI data
The markets are simply a PONZI scheme IMO as you say controlled so as to assist those who want them moved in a particular direction
It’s a long read
https://medium.com/@InspectorInvestor/the-trillion-dollar-naked-short-selling-scam-is-europe-destroying-american-companies-3f3783d97653
I’ve said EV’s all along were being forced into the market when the basics are obvious that they are neither sustainable or practical
Most manufacturers are now on the cusp of no return regards their split of production whilst the market is clearly indicating a pull back
Owners are finding it just too impractical and difficult to operate EV’s on a daily basis. The cost of fast charging out on the road has also skyrocketed
There are over 700 used Porsche Taycans for sale on Autotrader,who the hell is going to buy these even though they have shed 60% of their value already
Hmmmm
IMO Markets are nothing more than a manipulated Ponzi scheme controlled by MM’s and institutions according to boys club agreements
You only have to listen to Ken Griffins waffle before Christmas where he confirmed that (sophisticated) market managers set the prices of stocks according to where we think they should be
Now to me that sounds more like market fixing than a free market
Anyone who thinks they can read graphs or tea leaves has no idea what the next 5 minutes could hold with the criminals hovering offer the fraud button
If SP’s are based on fundamentals why did everything that popped before Christmas just crash in January?
Although Wall At has been fined 200 Billion in the last 10 years it’s only a fraction of the illicit gains through repeated wrong doing