LFMsteve

[LFMsteve @THEshortsteve]

@AleAgoPiaggio @amitisinvesting RC basically hinted they were going to sit on the cash until interest rates drop. Until then GME is just a holding company.

[LFMsteve @THEshortsteve]

@MaxxCloneX @INArteCarloDoss It's the Iron Dome systems that Israel lent to the US. US has mostly been using it for testing/development and training.

[LFMsteve @THEshortsteve]

@INArteCarloDoss I would think Ukraine would have the opposite effect. Wartime Presidents almost always get reelected.

[LFMsteve @THEshortsteve]

@stan1m1r @financialjuice The question is who would be able to sue? You need to have standing to bring a suit to court and it would be very hard to argue that you were harmed because the government didn't default

[LFMsteve @THEshortsteve]

@ShayCormac_1 @Tactical_review @DFBHarvard It's selective enforcement. We currently have 2 laws conflicting with one another. The budget and the debt ceiling. Biden is saying he'll choose the budget because he believes the debt ceiling is unconstitutional due to the 14th amendment. Budget gives him the right to borrow.

[LFMsteve @THEshortsteve]

@Tactical_review @DFBHarvard @ShayCormac_1 The argument isn't that he can raise the debt ceiling. The argument is that the debt ceiling in itself is unconstitutional since it puts into question whether or not the US can pay it's debts.

[LFMsteve @THEshortsteve]

@lkk4000 @charliebilello If you don't, you're looking at entrenchment of inflation. 15 years of stagflation.

[LFMsteve @THEshortsteve]

@William48522998 @gurgavin you don't use bullets to shoot a balloon down. Last time a country did that it required 2 jets to empty their clips. Then you have hundreds of bullets falling to the earth which is a danger for people.

[LFMsteve @THEshortsteve]

@DailyCoachPicks @EleosDC @unusual_whales I guess you haven't followed his 13f. He regularly nets 15-20% returns yoy. that includes 2019-2021. The media likes to talk about Burry's bad trades, but in reality those are usually very small positions.

[LFMsteve @THEshortsteve]

@DailyCoachPicks @EleosDC @unusual_whales He does that all the time regardless of what happens in the market. He deletes when too many people start to DM him so that everything gets reset. His macro analysis has been on point and the market run up was just a typical bear market rally.

[LFMsteve @THEshortsteve]

@CryptoRSAT @KimberliteStonk @unusual_whales Even in this market he's making hand over fist. His quarterly disclosures only show his fund earning money.

[LFMsteve @THEshortsteve]

@michaeljburry It has nothing to do with Republican or Democrat and everything with China. It's only an issue because China is making a huge stink. China has a history of saber rattling on the foreign stage when their country has domestic problems to divert their citizens attention.

[LFMsteve @THEshortsteve]

@lib_destroyer77 @Hack_G1 @mouser58907 @unusual_whales Turned out the US approved of the acquisition, but the EU did not approve. Still just as ridiculous and corrupt, but the original purchase was for something else and not necessarily for the CHIPS Act.

[LFMsteve @THEshortsteve]

@lib_destroyer77 @Hack_G1 @mouser58907 @unusual_whales The stock was purchased with call options. I knew it was from a year ago because the option purchase was reported around the time NVDA was rumored to be buying ARM. My friend and I were debating whether we should buy since we thought it meant the merger would go through.

[LFMsteve @THEshortsteve]

@SScience83 @DanielMCharter @unusual_whales Politicians have been doing that for decades. It's the only thing they know how to do when they have to report bad news.

[LFMsteve @THEshortsteve]

@DanielMCharter @unusual_whales It's the political thing to say. Can't say RECESSION without causing mass panic. Statement is just a nothing burger.

[LFMsteve @THEshortsteve]

@Ruchika87373449 @DeAlwisRoshen @holo_hiro You usually don't see perjury charges come from civil litigations. Not that people don't lie, it's just that it's usually not worth spending taxpayer money to go after it.

[LFMsteve @THEshortsteve]

@RealDanFielding @jul_woo @KittyBSlayin @nypost No, the analogy is completely wrong. You may pay your mortgage over time, but the owner of the house you purchased from gets the money up front from the bank. There is no bank fronting the money in this pledge and the charities have not been paid.