Spyke

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What’s an obscure but concrete technical fact that keeps creating preventable issues in the real world?

Among many other reasons, the biggest reason for me that the US stock market cannot be trusted is because market makers combine 3 techniques to create fraud and push risk to others to dilute unwitting companies and investors: borrow stocks, selling a borrowed stock to buy later, strategically failing to deliver stock.

Borrowing stocks doesn’t create a clean paper trail, can be done repeatedly, and steals shareholder votes.

Selling a borrowed stock to buy later can strategically intend to fail from the start where they don’t even have to locate (not even acquire as you might assume) a share to borrow, effectively creating new shares out of thin air. Market makers in the US can legally do this, even for the benefit of their hedge fund counterparts (sometimes under the same company).

Fails for stock delivery are allowed, so they’re a strategy. Cash in lieu is not the same as share ownership. Cash is fungible, stocks are not, and this gap can create technically infinite risk.

memes

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Here in America, you can have whatever car you like! Yup. As long as it's the same silver, white, or black truck or SUV, you're spoiled for choice!

The argument is not that some people need trucks.

It is that huge trucks and suvs shouldn’t be the way they are nowadays. They can tow just as much if the hood is redesigned so it has better visibility than an M1 tank, because it’s currently worse. They’re stupid and oversized in the wrong ways.

If you need a real truck, you probably should get a flat front Isuzu FTR or something more functional than a sidewalk princess designed to kill pedestrians.