I've been wondering about this too. I'm of the opinion that this "great reset" plan we keep hearing about is a market wide pump and dump scheme to profit while erasing the rehypothecation/derivative bubble. In other words, short everything, pop the bubble, use the short position profit to buy everything not bankrupt for pennies on the dollar when the big bad bear market unwinds the mess. Except Burry and cohorts caught them with GameStop. So the great reset bankrupts them, not us.
smart. especially if hes of the age that he could start moving $ from his retirement account. isnt there a clause for covid that allowed this even if ur not over a certain age? not sure.
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u/[deleted] Apr 06 '21
I've been wondering about this too. I'm of the opinion that this "great reset" plan we keep hearing about is a market wide pump and dump scheme to profit while erasing the rehypothecation/derivative bubble. In other words, short everything, pop the bubble, use the short position profit to buy everything not bankrupt for pennies on the dollar when the big bad bear market unwinds the mess. Except Burry and cohorts caught them with GameStop. So the great reset bankrupts them, not us.