Monday morning that they were going to go bankrupt well you know in america when you go bankrupt in chapter 11 we declare chapter 11 what happens is your creditors line up to see who gets the debt whoever is this has the most senior debt the bond holders the bank loans anything like that they cant your money 1st your assets they liquidate everything and then if theres anything left over a which creditors make sure theres not and the lawyers get paid and everything that then maybe equity holders shareholders might get paid so they never get paid right but when the news broke that they were going to go bankrupt chesapeake. People on robinhood especially these free apps available and its mostly for millennia old and generations a very young traders new traitorous and they all just got new money free money stimulus checks 1200. 00 each from the government they poured into it stop prices up at 300 percent at one point it close at 170 something percent 180 percent but heres what you know the
The head you know the skulls on spikes and all that stuff and you can see that the madness that we had the willard or the marlowe in the case of the Joseph Conrads heart of darkness character that weve arrived into this heart of darkness this madness and these charts hurts filed for bankruptcy so obviously. The price soars another look at that same chart the market summarized the 1. 00 chart chapter 11 Company Hertz is now worth more than before the bankruptcy what cheap money can do incredible oh oh oh yeah captain well are going up forever into the heart of darkness pursuing colonel kurtz who is in this analogy the central bank hes gone rogue his methods are on sound he surrounded by heads on stakes as you mention and weird artifacts and jungle creatures and of course thats the Balance Sheet of the Federal Reserve bank and Dennis Hopper is an acolyte hes hopping up and down talking about fractions talking on fractions you know what does that mean i think youve got some thoughts about
500 stocks down over the last 10 weeks today was the 3rd straight day with over 6000000000 shares traded on the nasdaq all of which have been higher than any day in history to put that in perspective from 2009 until 2020 there wasnt even a one day with 5000000000 shares theres no connection between the economy and the stock market now that spot abnormal theres usually a lag between the 2 main street can collapse and then stock market can start moving up based on anticipation of main street or the economy picking up and sometimes the stock market will go down before the economy does because it has this tendency to be a quote discounting mechanism but what were seeing here is not a discounting of prices based on some fundamental analysis of the economy what were seeing is an utter divorce an utter split from the real economy and the financial ised funny money fed driven casino that is now taken over the globe this is causing 2 things the overlord class are becoming fabulously wealthy and
That thanks for joining us this is r. T. Internet. Protesters chanting blank lives matter slogans of seize control and barricaded themselves into 6 blocks of central seattle in the u. S. They are calling the area the capitol hill autonomous site and the move came after police had retreated from the neighborhood now hundreds of demonstrators led by the local council have also occupied city hall. The protesters are demanding the resignation of the citys mayor and for the police didnt give them a goal is to build a Community Inside the zoning downtrend police of those holed up inside city hall claim that the community is not going to sions should control Decision Making the capitol hill autonomous zone or chairs is a self declared commune aside from black lives matter activists claimed that the ante for movement also helped to set up the zone although theres been no official acknowledgement of its involvement no police or cars are allowed into the area and reports suggest some of those in
Backscatter this is the cars report never get off the boat never get out the boat there we get off the boat were going into the heart of darkness all the way up the river and remember never get off the boat stay safe max weve made it to the heart of darkness all of that up this river of money printing that has been going on for the past 20 years were at that and weve arrived for j. Colonel kurtz powell has his acolytes around him the deadest hopper character the heads on the you know the sky skulls and spikes and all that stuff and you see that the madness that we had the willard or the marlowe in the case of the Joseph Conrads heart of darkness character that weve arrived into this heart of darkness this madness in these charts hurts filed for bankruptcy so obviously. The price so warners another look at that same chart the market summarized the 1. 00 chart chapter 11 Company Hertz is now worth more than before the bankruptcy what cheap money can do incredible oh oh oh yeah captain we