this post was submitted on 09 Jul 2025
152 points (100.0% liked)

El Chisme

476 readers
76 users here now

Place for posting about the dumb shit public figures say.

Rules:

Rule 1: The subject of a post must be a public person.

Rule 2: All posts must include links to the subject matter, and no identifying information should be redacted.

Rule 3: If your source is a reactionary website, please use archive.is instead of linking directly.

Rule 4: No sectarianism.

Rule 5: TERF/SWERFs Not Welcome

Rule 6: No ableism of any kind (that includes stuff like libt*rd)

Rule 7: Do not post fellow hexbears.

Rule 8: Do not individually target other instances' admins or moderators.

founded 9 months ago
MODERATORS
 
top 28 comments
sorted by: hot top controversial new old
[–] regul@hexbear.net 70 points 1 month ago (1 children)

My new strategy for eliminating the national deficit is doing insider trading, but with the profits going to the government.

[–] SchillMenaker@hexbear.net 28 points 1 month ago (2 children)

I don't know if you realize how smart that idea is but I'm going to steal it

[–] regul@hexbear.net 9 points 1 month ago (2 children)

It's called currency manipulation and it makes other countries very mad at you.

[–] SkingradGuard@hexbear.net 6 points 1 month ago* (last edited 1 month ago)

I wonder if this is part of their strategy to collapse the Lula government because AmeriKKKa needs a fascist in every Latin American country

[–] SchillMenaker@hexbear.net 4 points 1 month ago

The direct currency manipulation stuff is one thing, I'm more talking about stocks and weirdo derivative assets. The government should be snapping up rents so that capitalists actually have to produce or die.

[–] Des@hexbear.net 8 points 1 month ago

i'm going further. imagine as the state becomes increasingly impotent, dependent on "AI", with nobody understanding a single function anymore

until a group of leftists (who are still maintaining deep technical knowledge through the power of knee socks and cat ears) basically just finds an exploit in the entire U.S. market economy and interwoven remnant government structures

just take control of the military and police's paychecks. nobody in power knows even how to effectively "reboot" the decrepit systems or stop this because everything is intangible now

[–] SorosFootSoldier@hexbear.net 59 points 1 month ago (1 children)

Thinking about that dumb lib we had here the other day saying no to Trump being the most american president ever. What's more american than being the prez and pumping and dumping the stock market to make you and your white collar criminal friends multi-billionaires?

[–] psychoplantkiller@hexbear.net 25 points 1 month ago (1 children)

When I was a kid, this is what I told all my friends I would do if I were president. (albeit in a less sophisticated way)

[–] stink@lemmygrad.ml 21 points 1 month ago (2 children)

I won my middle school election by saying I'd turn all the water fountains to soda fountains.

Then I did nothing the rest of the year but still got a medal for it

[–] adultswim_antifa@hexbear.net 15 points 1 month ago

Kids gotta learn to :vote: harder sometime or another.

[–] TroublesomeTalker@feddit.uk 6 points 1 month ago

You say this like politicians taking office and then doing fuck all isn't a win condition in the current climate. You were a pioneer is all.

[–] vovchik_ilich@hexbear.net 50 points 1 month ago (5 children)

I really struggle to understand how people are supposed to invest in the stock market without insider trading. If you work without advantageous information respect to the general public, aren't you just playing roulette?!

[–] HarryLime@hexbear.net 49 points 1 month ago (2 children)

Or you can just get an index fund that is pegged to the overall performance of the market and you will do better than the vast majority of hedge funds or individual traders trying to beat the market.

[–] Redfox8@mander.xyz 23 points 1 month ago (1 children)

Not if you have insider knowledge though...especially with triple leverage

[–] stink@lemmygrad.ml 6 points 1 month ago
[–] vovchik_ilich@hexbear.net 6 points 1 month ago (1 children)

Let's all bet our savings on how well the economy is going, I'm sure that will surely generate no bubbles or inflationary tendencies whatsoever!

[–] aanes_appreciator@hexbear.net 4 points 1 month ago

looks at the american pension system

yeah

[–] culpritus@hexbear.net 36 points 1 month ago (1 children)
[–] Nakoichi@hexbear.net 12 points 1 month ago

Reaching around the isle

[–] CrawlMarks@hexbear.net 26 points 1 month ago

We all have to assume the game isn't fixed. So people can trust the market. Howver the game is fixed and the market is untrustworthy

[–] barrbaric@hexbear.net 25 points 1 month ago

Yes, the official story is that you're supposed to venerate and respect the people who can make money on stocks because they won at gambling.

[–] anarchoilluminati@hexbear.net 15 points 1 month ago

That's exactly how I think about it. Wish I could make enough to be comfortable and retire just from a day worth of stock shit, but we all know the people doing that are already very wealthy and connected.

Working class people aren't invited to the party. I don't even see the point of trying or would know how to start.

[–] DornerStan@lemmygrad.ml 38 points 1 month ago

most openly corrupt

Yet again libs are most upset that Trump is doing what everyone does but loudly

[–] Clippy@hexbear.net 17 points 1 month ago (1 children)

so somebody brought alot of USD and exchanged it for brazil money after the tariff geting a bunch of money? slightly confused

[–] fanbois@hexbear.net 27 points 1 month ago* (last edited 1 month ago) (2 children)

$1 is worth BRL 10.

You buy $ 100 with BRL 1000. You tell your broker, you'll pay him back later the BRL, for a fee. That's a "short".

You package it in a bet that says "whatever the difference is in BRL when I pay you back, we will do it 10x". That's "leverage", alternatively also "insane stock market gambling nonsense".

The tariffs get announced. You can now get BRL 10.2 for $1, because that's how the stock market thinks it's should be. You pay back your debt in BRL with $98. The difference of $2 gets increased 10x because of that bet. Congratulations, You made $20 with insider trading.

Usually you try to hide these things among the general stock market noise and not trade so much money, that it makes a visible dent in the evaluation of an entire fucking currency. It's common place, but as usual with Trump, just more on the nose, more blatant and just more fuck you.

[–] iamguiness@feddit.uk 5 points 1 month ago (1 children)

Forgive my ignorance, but in this scenario doesn't the broker then lose this $20 in the "returned" lower value BRL?

Why would a broker make trades like this? Why is a broker even lending money? It just seems like sanitised gambling with extra steps.

[–] aphonefriend@lemmy.dbzer0.com 5 points 1 month ago* (last edited 1 month ago)

It is. It's a gamble and the broker knows the odds are in his favor. Unless ofc you know the odds today won't be because, you know, cheating.

[–] Clippy@hexbear.net 3 points 1 month ago

thank you for explaining, my familiarity with this topic is low!