this post was submitted on 24 Mar 2026
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At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.

6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.

But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.

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[–] sturmblast@lemmy.world 11 points 2 hours ago (1 children)

Most corrupt administration ever

[–] smeenz@lemmy.nz 5 points 55 minutes ago

The most blatantly corrupt. They literally do not care if their corruption is on full display to the world.

[–] kautau@lemmy.world 25 points 4 hours ago (2 children)

"Traders"... oh that's strange, they misspelled traitors

[–] smeenz@lemmy.nz 2 points 54 minutes ago

Those two words sound the same in many American accents, right?

[–] AlsaValderaan@lemmy.blahaj.zone 6 points 3 hours ago

Did you say "bets"? Wait nevermind, if you know the outcome it's not a bet.

[–] DandomRude@piefed.social 44 points 6 hours ago (4 children)

It’s really remarkable how blatantly corrupt a government can be. Well, not really, because it’s just the logical consequence of the fact that even the most serious crimes go unpunished in the U.S.

What’s almost funny is that so many U.S. citizens still insist they live in a country governed by the rule of law. I have no idea how they can still believe that, given what happens there every single day.

But then it’s not funny anymore, because the consequences for the whole world are so dire.

[–] Wilco@lemmy.zip 3 points 3 hours ago

We now live in a country of Contract Law. If you manage to get someone to sign a contract and fuck them over then you are golden within the US court system. If you want justice or a fair settlement against a corporation ... that is like a legal unicorn when it happens.

[–] HasturInYellow@lemmy.world 9 points 6 hours ago (1 children)

I have been saying for months the laws are dead. The social contract has been incinerated. Our nation is dead, irrecoverable.

[–] Barbarian@sh.itjust.works 2 points 2 hours ago

Never say never. In 1986, it was utterly unthinkable that the dictator of my country (Romania) would ever be overthrown. 3 years later, he fails a mad scramble to get out of the country and ends up being executed.

Might not be visible now, might not be for years, but there's always possibility.

[–] SpaceNoodle@lemmy.world 8 points 6 hours ago

Only the most serious crimes go unpunished. The little people get abused, killed, or just disappeared for doing things like protecting each other.

[–] A_norny_mousse@piefed.zip 5 points 6 hours ago

I have no idea how they can still believe that, given what happens there every single day.

They don't know. The sort of info they get either leaves out such things or twists them in a way that makes MAGA look good.

And if something still gets through it can be dismissed as "probably fake, created by haters".

But all this is - well, I'd be too optimistic if I said "crumbling", but it's becoming so transparent here and there that even (some of) those propaganda-fed thought-resistant fools can see it.

[–] fizzle@quokk.au 32 points 7 hours ago (2 children)

Outright unashamed corruption.

[–] 8oow3291d@feddit.dk 3 points 1 hour ago

And it has gotta be pretty obvious which trades are likely insider trading. So SEC could likely trivially prosecute them - and I assume it is blatantly illegal.

But I assume that Trump has also corrupted the SEC.

[–] Modern_medicine_isnt@lemmy.world 12 points 6 hours ago (1 children)

Trump was invited on a news program many years ago to be the pro corruption side of a debate. And did not disappoint. He doesn't hide who he is I suppose.

[–] fizzle@quokk.au 2 points 4 hours ago (1 children)

Yeah but these days they're just doing full mask-off extra-corrupt just-pay-me-bitch corruption.

Like paying $1bn to the "board of peace" of which Trump is the supreme chairperson eternal ?

[–] smeenz@lemmy.nz 1 points 52 minutes ago (1 children)

I bet that group is working hard around the clock on the Iran problem ...

Right ?

.... right ?

[–] fizzle@quokk.au 2 points 44 minutes ago

Yeah, I mean it's in the name. When things aren't peaceful this dynamic team of diplomatic masterminds goes to work.

[–] Mountaineer@aussie.zone 31 points 7 hours ago (2 children)

It's one thing for someone inside to profit off their insider knowledge.
It's a whole 'nother level of evil to make announcements and decisions based on the profits you can make.

[–] VinegarChunks@lemmus.org 1 points 1 hour ago

I would say it’s an extremely blurred line, not a clear difference.

From the perspective of citizens entrusting elected leaders with massive powers they should be considered identical.

[–] BarneyPiccolo@lemmy.today 9 points 5 hours ago

They are using war, killing and injuring countless innocent people, just to steer their investments. It's Market Manipulation at it's most global, most evil level, with billions of dollars being manufactured out of thin air when a bet was won. The money wasn't earned. It didn't come from selling a product. It was phantom money created out of thin air when a bet was won.

It's almost as if all the lives, and limbs, and property of all the people who have been bombed have been transmutated by MAGA alchemists into profits.

[–] BigTuffAl@lemmy.zip 6 points 7 hours ago

hey how does it usually go for Fiat currencies based entirely upon the whims of a dying despot

is that a sell

[–] Chough@lemmy.zip 0 points 6 hours ago

I wish I had business acumen like they do.