US News

2065 readers

165 users here now

News from within the empire - From a leftist perspective

founded 5 years ago

MODERATORS

Bezos has divested $12.5 billion worth of Amazon shares, while Warren Buffett has disposed of his Apple stock investments and is now sitting on a staggering $325 billion in cash reserves. (lemmygrad.ml)

submitted 1 month ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

19 comments fedilink hide all child comments

These actions suggest that we may be standing at the precipice of the largest financial bubble in history, which they seem to believe is about to burst imminently.

https://breakingthenews.net/Article/Amazon%27s-Bezos-sells-dollar1.25B-worth-of-shares/63056547

https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d

https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/

you are viewing a single comment's thread
view the rest of the comments

[–] big_spoon@lemmygrad.ml 15 points 1 month ago (1 children)

so....it's time to get some cash to avoid those dirty deeds?

[–] 201dberg@lemmygrad.ml 8 points 1 month ago

It's time to get their cash so the can buy up all the assets after the economy crashes. The oligarchy has been preparing their assets for some time. Using the federal reserves to pump the market till their affairs are in order.