Reddit user on r/wallstreetbets is "going to short the whole country of South Africa."

SlinkyMike

Executive Member
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Jan 23, 2006
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7,606
Definitely some tit on this forum.

The mask slips at some point in the thread and they start ranting about how "all the Bantus have STDs anyway..." etc.

Anyhow, all the comments in the thread are accurate, the interest alone makes this a non-starter but that was never the point it's just some fragile afrikaner with an over abundance of self-pity looking for somewhere to rant because their pentie are in a knot, again... Sound familiar?
 

NarrowBandFtw

Honorary Master
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Feb 1, 2008
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This is being driven by low interest rates on mortgages, not the Fed buying assets and treasury bonds
two sides of the same coin; the interest rates are kept artificially low because of the Fed buying assets and treasury bonds
 

Foxhound5366

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Oct 23, 2014
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Talking about the EFF as roaming bands of pirates so matter-of-factly ... talk about conflating issues, to the confusion of an international audience that doesn't know any better. Why not? We ride lions to work already, so now we have actual pirates running around too. That sounds like progress actually. Here's to the glorious age of steam power, just about to arrive any decade now.
 

HavocXphere

Honorary Master
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Oct 19, 2007
Messages
33,057
Definitely some tit on this forum.

The mask slips at some point in the thread and they start ranting about how "all the Bantus have STDs anyway..." etc.

Anyhow, all the comments in the thread are accurate, the interest alone makes this a non-starter but that was never the point it's just some fragile afrikaner with an over abundance of self-pity looking for somewhere to rant because their pentie are in a knot, again... Sound familiar?
Yeah did smell like staged / not as it seems.

Don't think it's anyone here though. Not a huge amount of people with overlap on IB, lots of USD, enthusiasm for WSB schemes...who would also be the type write up something like that.
 

SlinkyMike

Executive Member
Joined
Jan 23, 2006
Messages
7,606
Yeah did smell like staged / not as it seems.

Don't think it's anyone here though. Not a huge amount of people with overlap on IB, lots of USD, enthusiasm for WSB schemes...who would also be the type write up something like that.
There are a few suspects in the GME/Robinhood thread. The venn diagram goes: 'has working knowledge of trading' / 'massively butthurt that SA is not longer under white rule' ...that net catches a handful of forumites, wouldn't surprise me in the slightest to learn that it's someone who is active here. Maybe even the same guy that started QAnon. :ROFL: :ROFL: :ROFL: :ROFL:
 

SlinkyMike

Executive Member
Joined
Jan 23, 2006
Messages
7,606
Completely disagree.
The moron referred to musk as an afrikaaner.

No South African would make that mistake.
It's a dumb yankee
I'll entertain this actually. Recall that that massive cnut Lauren Southern made a doccie about farm murders in order to create more outrage amongst fragile whites in the US and then take their money. The topic of farm murders does come up in that thread albeit briefly, WSB knows what it's about by and large so it went nowhere.

Could well be an American trumpie latching on to SA so as to froth up some of that good old 'white genocide' outrage, again.
 

Rosaudio

First Officer
Joined
Sep 24, 2008
Messages
21,822
Not really.

The currencies are expected to devalue again each other by the difference in inflation over the long term.

The Rand will never get much stronger against the dollar only weaker. (Except if the US accidentally prints too much and manages to create inflation themselves) which is unlikely.

The principle is correct.

If you can leverage that over the long term you might get his stated 20 something present.

The only problem I see would be the fees to have such a position open for a long term. The broker or whoever isn't stupid and they have calculated it to be profitable for them.
The fees would be far too much to make any money on this, especially on the leveraged position required.

Sure the principle is correct, in reality it wont work.
 

Oldfut

Senior Member
Joined
Jan 28, 2018
Messages
644
I'll entertain this actually. Recall that that massive cnut Lauren Southern made a doccie about farm murders in order to create more outrage amongst fragile whites in the US and then take their money. The topic of farm murders does come up in that thread albeit briefly, WSB knows what it's about by and large so it went nowhere.

Could well be an American trumpie latching on to SA so as to froth up some of that good old 'white genocide' outrage, again.
Yoh, so much race hatred here jawohl. Go you good thing.
 
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