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Speaker 1: Hello the Internet, and welcome to this episode of Saffron Geist. Uh,

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Speaker 1: you don't want to cook wild geist and the geist

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Speaker 1: cooker is what is what I learned from a member

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Speaker 1: of the ze game that was that was what my

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Speaker 1: issue was. I I cooked wild rice and rice cooker

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Speaker 1: and it drive the funk out. Um. Anyways, I'm Jack,

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Speaker 1: that's Miles. Uh, and this is what's trending. Uh, the

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Speaker 1: stock market is trending. We just spent twenty minutes you

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Speaker 1: and on a trying to explain shorting to me. Uh,

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Speaker 1: even tomorrow's episode laboriously. Um, but yeah, I mean that

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Speaker 1: is what is trending today. We we got right now

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Speaker 1: they've moved off of game Stop and now they're on

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Speaker 1: to a MC and BlackBerry. Because the whole deal is

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Speaker 1: get something that you know, the whole point of the

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Speaker 1: short squeeze is that people who are selling short just

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Speaker 1: to in shorthand when they're gambling on the stock price

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Speaker 1: going down, there's a tremendous risk if that price goes up.

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Speaker 1: And that's the risk that these hedge funds were running

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Speaker 1: with the game stock price going up. But when it

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Speaker 1: starts to go up, you actually have to start buying

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Speaker 1: shares to cover your like your investment in shorting a stock,

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Speaker 1: so that effect has makes it look like more people

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Speaker 1: are buying it, which only raises the price. So it's

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Speaker 1: like this snake eating its own tail ship. But yeah,

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Speaker 1: that's why the word billions is trending an AMC because

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Speaker 1: people are talking about the billions lost by hedge Like

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Speaker 1: hedge funds just straight up got destroyed off of this move,

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Speaker 1: and yeah, now it's onto the next meme stock And

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Speaker 1: also like a lot of interesting stories. I mean these

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Speaker 1: screen grabs from the the Wall Street bed subredit of

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Speaker 1: like people who may actually were on the you know,

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Speaker 1: winning side of this. But by all means, this is

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Speaker 1: by no means a way to make money, like in

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Speaker 1: a h a safe way. It's very risky. Speaking safe

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Speaker 1: way might be trending pretty soon. Why is it businesses

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Speaker 1: that are specifically like nostalgia based, Why why are we

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Speaker 1: going to a m C and game stop and things

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Speaker 1: that were like big in the nineties. Oh I don't.

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Speaker 1: I think that's just because that's where they are in

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Speaker 1: their corporate death cycle. They're just on the way out

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Speaker 1: right now, so that just means they're really depressed stock

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Speaker 1: prices that like allows you for the largest margin to

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Speaker 1: gain because it's so low, you know, like that's it's

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Speaker 1: it's all. It's just very high risk, high reward. And

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Speaker 1: that's why I think most people are like, oh, just

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Speaker 1: I have a job where I hate everything, so add

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Speaker 1: extra thought to like how blackberries stock I right, like

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Speaker 1: the game stop thing. I was reading the we talk

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Speaker 1: on tomorrow's episode about the Bloomberg like analysis of this,

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Speaker 1: and they were talking about how it started because they

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Speaker 1: have a lot of cash on hand from like their

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Speaker 1: days as a relevant business, and so I'm just wondering

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Speaker 1: if that's also true of like BlackBerry and uh AMC,

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Speaker 1: I mean AMC maybe black Research in Motion, the BlackBerry

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Speaker 1: Parrot Company, or if they're even I remember that's how

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Speaker 1: old I am. I remember when the BlackBerry that was

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Speaker 1: called Research in Motion. But I don't know, let's just

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Speaker 1: talk about Halsey because you know what that means. Yeah,

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Speaker 1: I mean, it's just a trip. Because like the thing

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Speaker 1: that I've always thought was weird about the stock market

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Speaker 1: is like, or at least the standard brain thinks is

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Speaker 1: weird about the stock market is like they will value

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Speaker 1: Facebook stock at like billions and billions of dollars when

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Speaker 1: Facebook is like losing money or over the here or

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Speaker 1: Amazon for a long time. Yeah, it's all like future based,

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Speaker 1: and it seems like these people are coming in being

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Speaker 1: like what about the past though? What if we put

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Speaker 1: the value based on like what used to be too cool?

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Speaker 1: Uh No, they just found a way to just kind

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Speaker 1: of lash, like just strike back at Wall Street, you know,

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Speaker 1: Like that's really you know, when you look at the dynamics,

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Speaker 1: it's people who don't have as much money to invest

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Speaker 1: but coming together to make moves. And I think that's

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Speaker 1: what's really interesting too, is just sort of like this

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Speaker 1: fucking like you know, the like you know, millennials have

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Speaker 1: no money individually, but it's like maybe if millions of

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Speaker 1: us get together, we can cook the fucking stock market

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Speaker 1: collective action exactly. Yeah, I mean it's only a matter

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Speaker 1: of time because but we figured out to like, how

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Speaker 1: are you gonna get that money back? Because y'all are

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Speaker 1: old we need that too, so we'll we'll just, I

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Speaker 1: don't know, figure it out. Halsey is trending because she

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Speaker 1: is pregnant. Yeah, Colations, congratulations, you have won an iPod.

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Speaker 1: I don't know. Her partner is a screenwriter. I know

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Speaker 1: that and that's all I know. Lot of people like

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Speaker 1: everything you need to know about her boyfriend of several months,

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Speaker 1: which is always funny when like there's a like a

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Speaker 1: couple where one person is just astronomically like just a

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Speaker 1: super famous person and anything. I was like, everything you

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Speaker 1: need to know about their nothing burger partner? What did

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Speaker 1: he write? What did live aiden? Uh, let's just let's

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Speaker 1: go to people magazines roundup of everything we need to know. Um,

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Speaker 1: he's thirty seven and a writer. They got matching tattoos

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Speaker 1: in June, and he's Turkish and that's about it. So

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Speaker 1: he created the next small Shots the Netflix show Traded. Yes,

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Speaker 1: there you go. So I don't know, shout out to y'all.

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Speaker 1: I hope, I hope y'all. How wonderful healthy child bring

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Speaker 1: into the world. Absolutely. Uh. It is Holocaust Remembrance Day,

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Speaker 1: and so that's trendy. Um. It's just a it's like

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Speaker 1: weird when we like look at these days and you're like, right,

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Speaker 1: of course, and I know that the Holocaust happened, and

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Speaker 1: is that thing? Yet not even a month ago we

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Speaker 1: were looking at all kinds of weird anti Semitic ship

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Speaker 1: that the takes that could a straight come out of

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Speaker 1: the third Reich type ship and you're like, yeah, I'm

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Speaker 1: not sure how far have we come? How do we

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Speaker 1: gage that anymore? Um So, yeah, I think it's just

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Speaker 1: reminding people. Hopefully you don't have to deal with any

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Speaker 1: people who are like, you're awesome Holocaust and I are. Ship.

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Speaker 1: But yes, today is a remembrance day six million people.

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Speaker 1: Authoritarianism is on the rise. Fascism is on the rise. Uh.

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Speaker 1: Echo Umberto Echo in his like nineties work on or

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Speaker 1: Fascism talked about how basically predicted all this show is

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Speaker 1: going to happen with the rise of the Internet and

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Speaker 1: technology being able to just kind of influence and spread

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Speaker 1: ideas quickly. Yeah. So the new loud speaker and the

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Speaker 1: fact that the Republicans are gonna just you know, a quit,

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Speaker 1: probably that's why it's looking not not great. I mean,

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Speaker 1: I might I'd rather look so stupid in my cynicism

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Speaker 1: or just observations of Senate Republicans over the last ever,

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Speaker 1: uh and be like that they're not going to do it,

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Speaker 1: like and if they do, it's going to be because

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Speaker 1: something is so fucked up in might whatever they're presenting

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Speaker 1: that they're like, this is an untenable position, or maybe

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Speaker 1: more corporate donors figure out what decide to put their

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Speaker 1: money on. It's all very sad and strange. Um, just

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Speaker 1: a real quick update on Halsey's boyfriend or partner. That

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Speaker 1: show Small Shots was a TV program based on the

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Speaker 1: premise two actors from Staten Island set out to audition

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Speaker 1: from Martin Scorsese movie. Uh, and the two league characters

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Speaker 1: are Joey and Turbo. Um. So that's just something that

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Speaker 1: I thought was interesting. Oh wait, no, that's another thing. No,

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Speaker 1: Turbo and Joey isn't I think so? They said he

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Speaker 1: is a created small Shots a villain. Some of his

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Speaker 1: other work include include Turbo and Joey and Hip Men

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Speaker 1: Los Angeles. Maybe Turbo and Joey are recurring characters across

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Speaker 1: his work, like the Vega Brothers in the Tarantino Universe,

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Speaker 1: Joey and very specific Turbo and Joey, like we got

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Speaker 1: Boogaloo Shrimp from the Breaking from literally Turbo from Break

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Speaker 1: It's him. Finally, Miami Lebron is trending because people are

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Speaker 1: asking the question, which Lebron do you choose? Uh? Do

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Speaker 1: you go with Miami Lebron, Cleveland Lebron, lak Er. Lebron

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Speaker 1: returned to Cleveland Lebron back in the in between, and

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Speaker 1: people picked Miami. I get it, you know, but I

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Speaker 1: don't know Cleveland Lebron made me respect Lebron. James like,

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Speaker 1: does that come back to Cleveland Lebron. I was like,

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Speaker 1: Oh no, this is this is some kind of dark

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Speaker 1: energy that he's tapping into to be this like just clinical. Um, yeah,

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Speaker 1: I go, I don't either Cleveland or Laker. I I

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Speaker 1: just watching I was rewatching the Miami Finals against the

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Speaker 1: Spurs their first title and or no, I guess it

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Speaker 1: was their second title. And he just looks so much

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Speaker 1: less in control of the game then he does in Cleveland.

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Speaker 1: And like when he returned to Cleveland and as a Laker,

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Speaker 1: like he seems like he's like getting better. He's just

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Speaker 1: so effective now and then at the time, like he

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Speaker 1: wasn't he the best defender in the league when he

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Speaker 1: was in Miami. Didn't he win Defensive Player of the Year,

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Speaker 1: Like when I mean, yeah, but he's still pretty he's

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Speaker 1: still a pretty effective defense. Yeah. I think it's just

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Speaker 1: more of like as a thing to watch and behold

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Speaker 1: as like someone going out of their mind. Like we

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Speaker 1: always knew he was formidable. That's why, like for me,

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Speaker 1: it was debatable about his where he is in the

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Speaker 1: Golt conversation because I was like, oh, no, dude, he's

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Speaker 1: he's nasty as fun. You can't deny that. But then

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Speaker 1: like you're saying, you see these other things that don't

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Speaker 1: quite show, like I'm reading the fucking Matrix and then

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Speaker 1: that Cleveland when I was like, this guy's fucking he

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Speaker 1: wrote the Matrix. I'm pretty sure. I also I also, uh,

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Speaker 1: you know, and I'm always rooting for Lebron, so like

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Speaker 1: I have like feelings about this, Like I you know,

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Speaker 1: I was always worried about him at in Miami because

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Speaker 1: he could and shoot, and then he got a little

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Speaker 1: bit better as a shooter in Cleveland. But now he's

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Speaker 1: pretty like knocked down. So like that's that would be

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Speaker 1: the argument for Laker, Like obviously he doesn't have the

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Speaker 1: same amount of energy and spring as he did with Miami. Yeah,

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Speaker 1: there's like something to those players who know how to

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Speaker 1: adapt their game later in their career and like just

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Speaker 1: rely on their intelligence and understanding of the game to

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Speaker 1: be like I can just be so much more efficient

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Speaker 1: with my movement and stuff, because like I'm I'm cutting

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Speaker 1: passing lanes or I'm seeing passing lanes. Reminds me of

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Speaker 1: a latter day Ryan Giggs at Manchester United. People said

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Speaker 1: he was too old, but he somehow was playing better

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Speaker 1: despite his lack of pace. I was just gigs gigs, yeah,

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Speaker 1: And I hate to say that as an Arsenal supporter,

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Speaker 1: but I remember that's when everyone's like, gigs bigs that

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Speaker 1: you actually you got that right, I got it. I

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Speaker 1: mean that that one wasn't hard to figure out. Gigs

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Speaker 1: all right. That is what's trending this afternoon. We are

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Speaker 1: back tomorrow with the whole last episode of the show.

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Speaker 1: Until then, be kind to each other, be kind to yourselves,

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Speaker 1: wear a mask, wash your hands, stand inside, don't do

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Speaker 1: nothing about white supremacy, and we'll talk to you all tomorrow.

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Speaker 1: Bye bye,