miller
Rookie
- Banned
- #1
THIS CASE IS ABOUT CRIME, KNOWLEDGE, AND TRUST
Pimco is making absurd, idiotic claims about a new normal and a flight to quality into Treasuries. It is plain to see that every time there is a panic into Treasuries that panic produces instant, guaranteed losses.
If youre going to panic out of the stock market, the obvious safe haven is a savings or checking account.
Anyone with any sense at all would never have their money in the hands of super stupid people like Pimco.
This case needs to destroy the entire Pimco brand from the start. Being long futures is crazy. The risk isnt lower rates, its skyrocketing rates. So their plan is to rig prices higher to make money on their long Treasury position.
It is long overdue that the privileged Wall Street crooks need to be exposed. The government is allowing the crooks to rip off the entire nation and no one is blinking. The nation is in a catatonic state.
Pimco is making absurd, idiotic claims about a new normal and a flight to quality into Treasuries. It is plain to see that every time there is a panic into Treasuries that panic produces instant, guaranteed losses.
If youre going to panic out of the stock market, the obvious safe haven is a savings or checking account.
Anyone with any sense at all would never have their money in the hands of super stupid people like Pimco.
This case needs to destroy the entire Pimco brand from the start. Being long futures is crazy. The risk isnt lower rates, its skyrocketing rates. So their plan is to rig prices higher to make money on their long Treasury position.
It is long overdue that the privileged Wall Street crooks need to be exposed. The government is allowing the crooks to rip off the entire nation and no one is blinking. The nation is in a catatonic state.