Yeah, the whole plan is to have every US citizen’s 401k’s autobuy into the SpaceX IPO.
Your retirement fund is Elon’s exit liquidity.
Its a truly fantastic fraud.
Because… the Nasdaq… well a few weeks ago it changed its rules on the delay time between an IPO and it being part of the index, the index that everyone’s 401k’s buy into.
I guess you could say its going to be ‘epic’ when this all blows up.
See this is basically how the us economy works:
Poors roll over negative equity into their next car loan.
The ever diminishing ‘middle class’ basically does the same with homes, helocs, etc.
The owners roll over debt via corporate amalgamations.
But because the rich have a magical legal barrier of ‘all the bad and dumb things i do are a legal fiction doing them, not me personally’, well, the legal fiction gets what its due and/or evaporates when it can’t pay what it owes… and the rich remain on top.
Yeah, the whole plan is to have every US citizen’s 401k’s autobuy into the SpaceX IPO.
Your retirement fund is Elon’s exit liquidity.
Its a truly fantastic fraud.
Because… the Nasdaq… well a few weeks ago it changed its rules on the delay time between an IPO and it being part of the index, the index that everyone’s 401k’s buy into.
I guess you could say its going to be ‘epic’ when this all blows up.
See this is basically how the us economy works:
Poors roll over negative equity into their next car loan.
The ever diminishing ‘middle class’ basically does the same with homes, helocs, etc.
The owners roll over debt via corporate amalgamations.
But because the rich have a magical legal barrier of ‘all the bad and dumb things i do are a legal fiction doing them, not me personally’, well, the legal fiction gets what its due and/or evaporates when it can’t pay what it owes… and the rich remain on top.
Yeehaw!