Why has everyone rushed to defend random hedge funds? Do these people have any other ties?
This is about precedent. The Plebes can not be allowed to know that they have the power to burn the system.
It's a basic aspect of war. Security forces are always outnumbered and must project power, confidence, fear, and violence of action to maintain control. Always. It's not a maybe, it's life and death. 10,000 protesters can not be controlled by 1,000 cops without force, coercion, or persuasion.
When the market collapses and BoA, JP Morgan, Black Rock, are all loosing money, what the fucking do you think is going to happen when it stops being a bunch of retards on reddit who decide to fuck with short sellers, but a hundred million people who are so angry about their lost pensions and devalued home prices that they decide to a) stop paying debts, b) start shorting those stocks.
A mass run on the banks would kill the economy. Mass shorts on the "to big to fail" might kill them. Refusal to pay debt would destroy the world economy.
Make no mistake: the elites are running full speed towards the largest wealth transfer in human history. They want to be the first trillionaires. But by abandoning Fabianism, they are generating resistance in a way that they never imagined would happen. The power that a highly agitated and activated populace might take against them could destroy the whole fucking world order without a single shot... unfortunately, that's exactly why they are going to start shooting people.
The system is massive, but it is also fragile. That is why every symbolic victory, and I assure you these are symbolic victories, are dangerous blows. Nothing done by WSB will directly hurt the power-elite. But it shows a critical weakness in the system that can't be covered up.
This is about precedent. The Plebes can not be allowed to know that they have the power to burn the system.
It's a basic aspect of war. Security forces are always outnumbered and must project power, confidence, fear, and violence of action to maintain control. Always. It's not a maybe, it's life and death. 10,000 protesters can not be controlled by 1,000 cops without force, coercion, or persuasion.
When the market collapses and BoA, JP Morgan, Black Rock, are all loosing money, what the fucking do you think is going to happen when it stops being a bunch of retards on reddit who decide to fuck with short sellers, but a hundred million people who are so angry about their lost pensions and devalued home prices that they decide to a) stop paying debts, b) start shorting those stocks.
A mass run on the banks would kill the economy. Mass shorts on the "to big to fail" might kill them. Refusal to pay debt would destroy the world economy.
Make no mistake: the elites are running full speed towards the largest wealth transfer in human history. They want to be the first trillionaires. But by abandoning Fabianism, they are generating resistance in a way that they never imagined would happen. The power that a highly agitated and activated populace might take against them could destroy the whole fucking world order without a single shot... unfortunately, that's exactly why they are going to start shooting people.
The system is massive, but it is also fragile. That is why every symbolic victory, and I assure you these are symbolic victories, are dangerous blows. Nothing done by WSB will directly hurt the power-elite. But it shows a critical weakness in the system that can't be covered up.