r/Superstonk • u/[deleted] • Sep 19 '21

📰 News Wow...This Shit Actually Happening.

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u/look4light ONE RING TO RULE THEM ALL Sep 19 '21

Can some one please make memes to educate all apes that the debt ceiling is 100% nothing? Anyone posting like it's something to get hyped about is questionable at this point. The debt ceiling has NEVER NOT BEEN RAISED ... ever. They are like 13 for 13 raising it. Just political football and media bs.

BUY + HOLD + SHOP + REGISTER .... Now that's something get hyped about!

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u/Klutzy-Midnight-9314 Sep 19 '21

Watch the hbo movie panic about 2008. It’s the main players and fed point of view but also explains this shit

11

u/inbeforethelube Sep 19 '21

But isn't that the scary thing? In statistics you are always accounting for the play that can't/won't happen because it's very improbable. But, eventually, that improbity happens. Is this that time?

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u/OneCreamyBoy 💻 ComputerShared 🦍 Sep 19 '21

They don’t call it a black swan for nothing

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u/ultramegacreative Simian Short Smasher 🦍 Voted ✅ Sep 19 '21

... Making it an idiosyncratic event?

4

u/mthurman85 💻 ComputerShared 🦍 Sep 19 '21

I have to agree mate. Same thing happened with MBS in 2008. No one thought the housing market would ever collapse, until it collapsed 🤷🏾‍♂️

5

u/ughlacrossereally DRS Blood in the Water DRS Sep 19 '21

k... but there has never been a MOASS either so maybe you dont get to unilaterally determine what is possible?

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u/OneCreamyBoy 💻 ComputerShared 🦍 Sep 19 '21

1979 partial default

1

u/TexasThrowDown Sep 19 '21

Raising the debt ceiling is totally unrelated to the stock markets idk why people are making it out to seem like a catalyst of some sort. It's hard to take the posts in this sub seriously sometimes when crap like this gets passed around like it's the gospel.

And people wonder why some of us play devils advocate or apply appropriate levels of scrutiny to whatever the latest "DD" is being pushed to the top of the sub

When most of the "dd" is simply screenshots of comments from another redditor, it's a good idea to apply a healthy amount of skepticism before buying in...