this post was submitted on 23 Aug 2023
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[โ€“] Zuberi@lemmy.dbzer0.com -5 points 1 year ago* (last edited 1 year ago) (2 children)

Plenty of big, big funds have massive exposure to short sellers

DRS GME to stop global financial crime

[โ€“] whats_a_refoogee@sh.itjust.works 4 points 1 year ago (1 children)

Join my pump and dump to stop financial crime

Lmfao.

[โ€“] Zuberi@lemmy.dbzer0.com 1 points 1 year ago

Pump and dump would imply it was a short-term play, but you can be on the sidelines when it goes down, seems fair to me.

[โ€“] cheery_coffee@lemmy.ca 2 points 1 year ago (1 children)

That's true. My assumption was the bubble doesn't pop unless people default, and what would cause that.

Flippers, investors, speculators, and banks aren't really factored in here.

[โ€“] Zuberi@lemmy.dbzer0.com 1 points 1 year ago

Certainly couldn't be the global instability in housing markets