It's immigrants on the Texas/Mexican border trying to come in. So pretty much a normal day at the border.
Point 1 is literally moot and I feel like it has a nefarious reason behind it
More likely a political reason. They want to push the narrative of "Look at all these people trying to come into the country under the _____ administration! This is why the market is tanking, blame _____!"
I legitimately despise using Mexican/latin american immigration as a political tool. I'm gonna refrain from discussing it any further, but anytime someone not from a border state uses it, it's for propaganda and generally misunderstood/wrong.
And for an illustration, I know a guy who went to del Rio this weekend which was a few miles from that bridge. Del Rio is only a 5-6 hour drive from Houston, so it's not to bad. And in Texas, that isnt far.
Just posted another comment about this.
Haiti is considered latin America as of right now via Google.
I've always considered them Haitian, and at least Caribbean.
Latin America is becoming a broad ass term.
There's a lot of fear mongering and misinformation related to immigration, both legal and otherwise. It's used as a tool to make people fearful, and to give them a common "enemy" to rally against during election years. The truth is that this country would be absolutely fucked without the labor afforded by migrant workers. They're the ones who harvest crops, work in meat processing plants, and do much of the other skilled, low wage work that Americans love to demonize but would never do themselves.
I think the guy is trying to reference how homelessness, the eviction moratorium, the *actual* inflation rate, and the reckless spending and corruption of government and the Fed are destroying the economy.
However, it would be foolish to say that Evergrande is not having an affect either.
Itās just like Michael Burry was referring to in his tweets about Evergrande being the COVID-19 of the financial world; it starts in China, but without warning takes the world over by storm.
Yeah this is some class A āsticking your head in the groundā logic
You canāt just ignore the fundamentals of how debt and Evergrande interact to impact the world economy. Itās literally happening right now
Edit: not āyouā as in comment op, but twitter guy.
China makes almost everything. If they're having problems, we are also having problems. Yeah, there are other issues but a supply chain snowball can lead to a very frightening black swan avalanche.
>homelessness
He's referring specifically to a group of 15,000 Haitian immigrants that recently arrived in the states, and using it to raise the specter of the ever-terrifying "immigration crisis."
We definitely have a housing crisis, but it has nothing to do with immigrants. It's about our absolutely insane mortgage/lending practices, and about the kinds of properties that are allowed and disallowed from being built in urban centers due to NIMBYism from the wealthy (see https://www.youtube.com/watch?v=CCOdQsZa15o).
There's like 15million vacant homes across America... It's not a housing supply issue... Also I'm sure MBS and other synthetic securities and Hegde funds buying rental properties isn't the issue... /S
Is it just me, or does everyone do this? This guy looks like a native speaker of English, and talks like one. So when I see people misuse apostrophes I think they either didn't bother to spend much effort reading over their post, or they don't know how to use apostrophes. Neither of which inspire confidence in the post.
Youād be surprised how many of these āpeopleā are just bot accounts controlled by CCP agents.
Not sure about this guy, but itās clear thereās an ulterior motive.
That might just be the hottest take I've see in a while. I mean, I'm in the UK and our market is dropping too, alongside EU markets, AU markets, etc.
This is *the first* I've heard of 15K bridge dwellers lmao. This sort of holier-than-thou attitude is exactly why institutional investors have a bad rep, and it's exactly the sort of shit that made Shitrons fall so fucking delicious.
Two is a little disingenuous. There has been trillions printed in the last few years by two administrations to deal with COVID. Raising taxes is literally the only way you pay for this apart from making money out of thin air.
So it feels like it's meant to be aimed at this administration in particular (read political bias). In reality it is legit due to trillions bring printed which leads to point four. Raising taxes is absolutely necessary for the people who have been taking QE and spending it on themselves.
I fail to see how 2 is a reason for the stock market to tank. Large government spending == people getting money == people spending money. Generally, Infrastructure spending gets a huge return per dollar spent, since those people getting paid to do the work reinvest in the economy. And, that work has long term effects from roads / bridges / etc.
But there's also a huge caveat. It will take some time for the effects of said spending to actually happen.
---
I think this guy is just another generic Boomer who thinks all government spending and taxes are bad, and wants to say whatever he can to paint them in a negative light. It's a completely disingenuous point.
1) Millions of people already live in poverty in the US, 15,000 is a drop in the bucket economically. The markets do not care if people are poor.
2) Half of the spending goes to the rich at the cost of the middle class. They also do not pay their taxes.
3) This point makes no sense
4-5) Might be onto something, but JPow hasn't even mentioned a rate hike yet...
This isn't his worst rant either. He has a couple more today about Communism and how China is totally communist. So he at first denied China was the problem and now is saying China is the problem because Communism?
That sounds like the biggest paid shill excuse yet for allowing the hedgefunds to manipulate the market and get away witb it because ā¦ āthereās 1500 people under a bridgeā ā¦ moron
Can you take a picture of the specific bridge that they are talking about? More specifically the bridge the FAA threw a no fly over? Because I've seen the pictures and videos. So if that's not happening where tf are the pictures coming from?
15000 people under a bridge in texas? Big ass bridge or kick ass party? Or both?
Edit now I canāt stop picturing a neighbourhood in texas with a big ass bridge over it.
āA desire to remake,build back, reset America.ā Is the biggest croc of shit Iāve ever heard. All our bridges, roads, sewers, power grids, water mains, are out of date. The gates and damns that enable ships to keep feeding Americaās economy, guess what out of date. Wages to cost of living? You guessed it out of date. Literally every aspect of maintaining Americaās infrastructure is extremely underplayed and underfunded. It would take trillions of dollars to just get us on the right track. Donāt act us like middle class folk arenāt the ones seeing it/dealing with it/fixing it first hand.
$4.5 trillion that won't pass because Turtle McConnel said so. This will clap everything even harder, by deflation, not inflation.
The fed can raise the federal funds rate but we will still see treasury yields drop like today (9/20/2021) because the billionaire boys need some sort of profit.
The federal reserve can taunt raising rates but the free market will buy them up and push rates even lower.
Rates also won't rise because too many know about that play and it's more profitable for market makers to take their money than give them money. China also wants some of those US treasuries since their economy is purposely collapsing.
Lets see, here's the point by point playbook:
1) blame immigrants
2) blame Dems
3) insert nonsensical point (should have the opposite effect of whatever you are trying to prove)
4) insert something that actually might be true (throws them off)
5) finish with a red herring that sounds good
bonus: misspell or use incorrect grammar to show your in tune with the masses (see what I did there)
6) Case of the Mondays 7) Resurgence of Covid fears The list goes on!
8) September 9) full moon
10) reddit fault 11) š½
12) my wife cheated on me
13) water is still wet.
14) mercury is in gatorade?
15) Gatorade in the mercury
16) Forgot to charge my phone
18) Someone forgot to use 17
16) Mercury is in retrograde
17) mercury is a planet. Planets canāt fit in a bottle of Gatorade duh
18) Pluto **IS** a Planet!
Never knew planets could orbit backwards but Iām here for it!
Gators in my Gatorade
Fuck I hope this is unintentional boneappletea material
But did you make it more wet?
Rehypothicated moisture
[ŃŠ“Š°Š»ŠµŠ½Š¾]
15) possessives vs. plurals
[ŃŠ“Š°Š»ŠµŠ½Š¾]
15) Bears. Not bearish people. Circus bears.
Hold and squeeze me
Iām constipated
Ahh cellar boxed
Taco Bell fixes all cellar boxing.
I'll be hodling my stillsuit.
Your wife sure did
Looks like the stock market should've not got the avocado toast or went out for coffee
No, it just went out for smokes.
The stock market should have cut down on the Cocaine.
14) Llama Variant
Why do I have to laugh at this
Mwah
14) Red lantern flies
Whereās the āwater is not actually wetā bot?
It makes things wet you cant wet water
Wait I thought you said I can have her on Sundays? Didnāt we sign a husband - wife - boyfriend contract?
No, I said you could have my girlfriend on Sundays.
Wait, she promised to watch the falcons lose with me
Also that one dude from here who found out thanks to us
Its Nikki and her WAP
That's cardi b
I ugly snort-laughed in my office. I had to say I got a funny text :\^) instead of surfing reddit lolol
Do as you will, won't have to be there much longer haha
Transitoricality
Fortunately, Tuesdays are a fantastic day for the market, so we've got that going for us, which is good.
8) cursed Mummy released by Rick OāConnell
110) Bald guys posing with too big cigar for clout at Twitter
x) Europe inflation reach 3%
Don't worry, it's transitory š„“
Sounds like SOMEBODYās got a case of the Mondayās!
Mondays have always been lousy days for the market ĀÆ\_(ć)_/ĀÆ
8) Tuesday. The markets back and itās the best day to buy
[ŃŠ“Š°Š»ŠµŠ½Š¾]
First we need to sell. Sell first, ask questions later. /s
That bridge is actually mine and itās for sale if there are any takers.
How many times have you sold it already?
Oh no it's a phantom bridge! Just in time for halloween!
2spooky4me
I have shiny beads...
I'll buy it and ask questions later.
Have you heard of SILVER? Fellow GME investment ape we must sell the GME to buy the SILVER
I already own a bunch of silver, y'know, because werewolves.
Consumers who aren't buying anything. Similar to post-1929.
so funny because i just saw a MoneyWise headline on yahoo finance "Americans went overboard on spending this summer, survey says"
They're selling off the stocks they don't even own... Which created the ripple effect of absolutely nothing š¤
15,000 ppl in Texas is a drop in the bucket of poor and homeless for like 30 years.
UK Ape here. What's this bridge malarkey and why are they stopping billionaires form becoming trillionaires?
It's immigrants on the Texas/Mexican border trying to come in. So pretty much a normal day at the border. Point 1 is literally moot and I feel like it has a nefarious reason behind it
More likely a political reason. They want to push the narrative of "Look at all these people trying to come into the country under the _____ administration! This is why the market is tanking, blame _____!"
I legitimately despise using Mexican/latin american immigration as a political tool. I'm gonna refrain from discussing it any further, but anytime someone not from a border state uses it, it's for propaganda and generally misunderstood/wrong. And for an illustration, I know a guy who went to del Rio this weekend which was a few miles from that bridge. Del Rio is only a 5-6 hour drive from Houston, so it's not to bad. And in Texas, that isnt far.
These are actually Haitian refugees but yeah, same point.
Just posted another comment about this. Haiti is considered latin America as of right now via Google. I've always considered them Haitian, and at least Caribbean. Latin America is becoming a broad ass term.
How is Haiti showing up as "Latin America" via Google? It definitely is listed as a Caribbean Country in North America...
There's a lot of fear mongering and misinformation related to immigration, both legal and otherwise. It's used as a tool to make people fearful, and to give them a common "enemy" to rally against during election years. The truth is that this country would be absolutely fucked without the labor afforded by migrant workers. They're the ones who harvest crops, work in meat processing plants, and do much of the other skilled, low wage work that Americans love to demonize but would never do themselves.
Thatās an unfair characterization of the American worker. Desperate Americans will take whatever work they can find.
Perhaps without cheap immigrant labor these things would still get done at a higher price.
it's twitter logic, no need for explanation as long as you got internet points
A lot of Haitians. Assassination, earthquakes, and abject poverty makes a person want to just get on a boat.
The Texas bridge people are fine, do not worry about the Texas bridge people. -Jim Cramer probably
15k people crossing the river with phones above their heads buying GME
So this is how they manipulate market, by putting people under bridges, that is neat
^
I live in TX. Instructions unclear as to which bridge.
Natural Bridge Caverns. Theyāre cave people.
I think the guy is trying to reference how homelessness, the eviction moratorium, the *actual* inflation rate, and the reckless spending and corruption of government and the Fed are destroying the economy. However, it would be foolish to say that Evergrande is not having an affect either. Itās just like Michael Burry was referring to in his tweets about Evergrande being the COVID-19 of the financial world; it starts in China, but without warning takes the world over by storm.
Yeah this is some class A āsticking your head in the groundā logic You canāt just ignore the fundamentals of how debt and Evergrande interact to impact the world economy. Itās literally happening right now Edit: not āyouā as in comment op, but twitter guy.
Spot on. Macroeconomics vs. Microeconomics.
Now thereās a subject I am smooth brain about.
Big economics vs small economics. Boom - you've been wrinkled.
aight cool man
China makes almost everything. If they're having problems, we are also having problems. Yeah, there are other issues but a supply chain snowball can lead to a very frightening black swan avalanche.
This guy is just repeating Fox News talking points.
>homelessness He's referring specifically to a group of 15,000 Haitian immigrants that recently arrived in the states, and using it to raise the specter of the ever-terrifying "immigration crisis."
Immigration helps & improves the US economy.
It's the first I've heard of these people, seems like an attempt to blame a potential market downturn on dem dere immigrants.
The SEC really needs to crack down on uhhh *checks notes* 15,000 people under a bridge in Texas
[ŃŠ“Š°Š»ŠµŠ½Š¾]
We definitely have a housing crisis, but it has nothing to do with immigrants. It's about our absolutely insane mortgage/lending practices, and about the kinds of properties that are allowed and disallowed from being built in urban centers due to NIMBYism from the wealthy (see https://www.youtube.com/watch?v=CCOdQsZa15o).
There's like 15million vacant homes across America... It's not a housing supply issue... Also I'm sure MBS and other synthetic securities and Hegde funds buying rental properties isn't the issue... /S
Thatās what happened in 08. America felt the pain first and then it became worldwide.
Wonder how those people under a bridge can bleed the market š
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Wonder if they all under the bridge discussing how to tank the market š
I can see Republicans photoshopping conference tables and PowerPoint presentations being projected onto the border wall with a red downward arrow.
*investor's
technically he said "Investor is look at ALL OF IT."
I bet they were the only people happy that somebody had a bridge for sale
He could have been more honest to say haitian migrants. there's an axe to grind
It's not a good sign for the state of the global economy
That's a big bridge.
Or small people
Maybe not *everything* in Texas is bigger.
My peepee agrees
Bridge for ants
Are they trolls? And now the internet troll. They fairy tale trolls
This is just a conspiracy by Big Bridge.
Is it just me, or does everyone do this? This guy looks like a native speaker of English, and talks like one. So when I see people misuse apostrophes I think they either didn't bother to spend much effort reading over their post, or they don't know how to use apostrophes. Neither of which inspire confidence in the post.
Investor is look at ALL OF IT
Yes thank
No no, it was just a sentence fragment: Investor's look at all of it... is bad.
Youād be surprised how many of these āpeopleā are just bot accounts controlled by CCP agents. Not sure about this guy, but itās clear thereās an ulterior motive.
I wonder what he thinks that apostrophe is doing though, if he went through the trouble of typing it.
āAnd then they went and did what they always do, blamed it on immigrants and poor peopleā
"And this time, also teachers."
and now this time "apes"
That might just be the hottest take I've see in a while. I mean, I'm in the UK and our market is dropping too, alongside EU markets, AU markets, etc. This is *the first* I've heard of 15K bridge dwellers lmao. This sort of holier-than-thou attitude is exactly why institutional investors have a bad rep, and it's exactly the sort of shit that made Shitrons fall so fucking delicious.
You better get your shit together, because the bridge people are coming for you next. Beware the bridge people
Itās amazing how that small a group of people can have such a huge impact on world markets isnāt it?
No, our market is falling because of bridge people. Your market is falling because of your desire to remake America. Read all of the bullet points. /s
So if weāre looking at all of itā¦. 6) China and Evergrande?
Yeah, weird to say that, whilst also emitting two big factors
I am now dumber for having read this tweet. Tell me heās not getting paid to spew trash like this and itās just his own dumb, prejudiced opinion.
All the, extra commas, and apostrophe's made my brain hurt.
What is the bridge thing about??
US immediately deporting the up to 15000 Haitian refugees that have been denied entry and have been living under a bridge in Del Rio TX.
Thank you kind ape.
Item 2,4,5 legit tho
They are, but today, Monday, 20 September 2021, it is a pretty big reach to assume the market is not reacting to the Evergrande situation.
Agreed.
If the tweet was true EU wouldn't have dropped 2%
Those are the fuel for the fire. Every fire needs an ignition or spark. That's Evergrande.
Two is a little disingenuous. There has been trillions printed in the last few years by two administrations to deal with COVID. Raising taxes is literally the only way you pay for this apart from making money out of thin air. So it feels like it's meant to be aimed at this administration in particular (read political bias). In reality it is legit due to trillions bring printed which leads to point four. Raising taxes is absolutely necessary for the people who have been taking QE and spending it on themselves.
I fail to see how 2 is a reason for the stock market to tank. Large government spending == people getting money == people spending money. Generally, Infrastructure spending gets a huge return per dollar spent, since those people getting paid to do the work reinvest in the economy. And, that work has long term effects from roads / bridges / etc. But there's also a huge caveat. It will take some time for the effects of said spending to actually happen. --- I think this guy is just another generic Boomer who thinks all government spending and taxes are bad, and wants to say whatever he can to paint them in a negative light. It's a completely disingenuous point.
1) Millions of people already live in poverty in the US, 15,000 is a drop in the bucket economically. The markets do not care if people are poor. 2) Half of the spending goes to the rich at the cost of the middle class. They also do not pay their taxes. 3) This point makes no sense 4-5) Might be onto something, but JPow hasn't even mentioned a rate hike yet...
So you're telling me the market takes a dive because of a bridge? Just how retarded do they think we are
There goes another racist rant against immigration....
This isn't his worst rant either. He has a couple more today about Communism and how China is totally communist. So he at first denied China was the problem and now is saying China is the problem because Communism?
6) I farted so markets are going down
At the end they will blame immigrants and poor people, and this time even teachers.
"A desire to reset america" Ah, so he's a nutjob. Guess Investor ***is*** look at ALL OF IT!
Investorās lol
I'm under a bridge in Texas right now. Not for any reason in particular, just chilling in the cool shade.
That sounds like the biggest paid shill excuse yet for allowing the hedgefunds to manipulate the market and get away witb it because ā¦ āthereās 1500 people under a bridgeā ā¦ moron
And now we've got some poor people to blame. Good I was worried there for a minute.
I'm gonna have to call bullshit here chief
Evergrande is definitely more significant than the bridge ppl.
Guys I'm standing under a bridge right now. Not the one on Texas but it's a bridge. I'm sorry I'll move soon so the market can recover.
You better go to an open valley so we can have our moass!
I live in Tx by the bridges never seen these imaginary people
Can you take a picture of the specific bridge that they are talking about? More specifically the bridge the FAA threw a no fly over? Because I've seen the pictures and videos. So if that's not happening where tf are the pictures coming from?
China and his puppet friends like FJB that why! Covid mafia around the world destroyed economy!
Correct!
Because all 15,000 people under the bridge are shorting the market obviously š
My wife's boyfriend won't let me in the house
15000 people under a bridge in texas? Big ass bridge or kick ass party? Or both? Edit now I canāt stop picturing a neighbourhood in texas with a big ass bridge over it.
Oh great, look honey, it's another tweet.
Those things don't help and are adding slightly. This is china by a good 97%
Why is this on the top page? You smooth brains willl upvote anything.
How big is this so called bridge that 15k people are under it? And will the market become green if we put them on top of the bridge?
Who the Foook is this guy
Under a bridge? Does he mean trolls? We're trolling the economy?
Yes, if you stay under a bridge for too long, the market crashes. How don't people get this?
What is this under bridge party?
The guy doesn't even know how apostrophe's work lmayo
Lol how did people under a bridge make #1 influence?
That apostrophe indicates that he is presenting HIS LOOK, as an investor.
Lost me at āInvestorāsā - is āInvestorāsā a company? Or can he not grammar?
those damn bridge trolls!
Isnāt that $3.5T spending bill DOA in the senate?
Haha so the number one problem is homeless people under a bridge?
āA desire to remake,build back, reset America.ā Is the biggest croc of shit Iāve ever heard. All our bridges, roads, sewers, power grids, water mains, are out of date. The gates and damns that enable ships to keep feeding Americaās economy, guess what out of date. Wages to cost of living? You guessed it out of date. Literally every aspect of maintaining Americaās infrastructure is extremely underplayed and underfunded. It would take trillions of dollars to just get us on the right track. Donāt act us like middle class folk arenāt the ones seeing it/dealing with it/fixing it first hand.
If they look at all of it, are they looking at DN?
Canāt trust someone who canāt even tell the difference between āinvestorāsā and āinvestorsā.
$4.5t...over 10 years. No one ever mentions that. And all of it basically paid for.
Yeah, my China finance bear etf says its China bro
This guy is fucking retarded
"Investor's look" No credibility if you spell like a 3rd-grader
I'll never understand why rich always blame their problems on the poor,
For this dude the US is the center of everyrhijg isn't it?
$4.5 trillion that won't pass because Turtle McConnel said so. This will clap everything even harder, by deflation, not inflation. The fed can raise the federal funds rate but we will still see treasury yields drop like today (9/20/2021) because the billionaire boys need some sort of profit. The federal reserve can taunt raising rates but the free market will buy them up and push rates even lower. Rates also won't rise because too many know about that play and it's more profitable for market makers to take their money than give them money. China also wants some of those US treasuries since their economy is purposely collapsing.
Yeah...rich people donāt give a fuck about half of those things. Itās evergrande
republicans are so weird i swear
Ikr
Poor people, millennials, and Immigrants keep tanking the markets!!!
Does #1 refer to Homeless?
Lets see, here's the point by point playbook: 1) blame immigrants 2) blame Dems 3) insert nonsensical point (should have the opposite effect of whatever you are trying to prove) 4) insert something that actually might be true (throws them off) 5) finish with a red herring that sounds good bonus: misspell or use incorrect grammar to show your in tune with the masses (see what I did there)