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0 pointsdanhak5y ago0 comments

No, it's not. Not even close.

The current market cap of GME is $25 billion. Meanwhile, the size of the subprime mortgage market in 2008 was in the neighborhood of $50 trillion.

0 comments

swader9995y ago

Shorting losses can be infinite. Then add in the derivatives at play. Who backs these trades? Who backs them? What gets triggered when any of these default on their contracts?

j / k navigate · click thread line to collapse

0 pointsdanhak5y ago0 comments

No, it's not. Not even close.

The current market cap of GME is $25 billion. Meanwhile, the size of the subprime mortgage market in 2008 was in the neighborhood of $50 trillion.

0 comments

swader9995y ago

Shorting losses can be infinite. Then add in the derivatives at play. Who backs these trades? Who backs them? What gets triggered when any of these default on their contracts?

j / k navigate · click thread line to collapse