This is insane. Robinhood is not merely raising margin requirements, but actually preventing its users from buying Gamestop, AMC, and others.

The system is putting its thumb on the scales to stop ordinary people from hurting the hedge fund shorts.

blog.robinhood.com/news/2021/1/28…
Merrill Lynch is also specifically banning buying $GME and $AMC while still allowing sales. They are even cancelling open orders that were already successfully placed in the past:
Interactive Brokers is also only allowing selling:
TD Ameritrade, Charles Schwab, and Webull have also gone to "liquidation only" on these stocks.

nytimes.com/2021/01/28/bus…
The coordination on these moves is stunning.

Allowing people to sell but not to buy is the definition of market manipulation.
A large number of major monthly options contracts close tomorrow. This may be relevant.

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More from @nick_kapur

7 Jan
The MAGA invasion of the US Capitol recalls similar events in Japan - the 1960 Anpo protests also saw an invasion of the National Diet and one woman killed.

I wrote a whole book on this!

A thread on similarities, differences, and consequences for US society going forward... Image
On June 15, 1960, radical left-wing activists smashed their way into the National Diet compound, precipitating a bloody battle with police that injured hundreds and killed a female Tokyo University student, Kanba Michiko. ImageImageImageImage
At issue was arch-conservative prime minister Kishi Nobusuke ramming through an unpopular renewal of the US-Japan Security Treaty, which is the treaty that to this day allows US troops to be based on Japanese soil.

(pictured: Kishi; Kishi and Eisenhower sign the treaty in 1960) ImageImage
Read 19 tweets
5 Jan
Japanese terms for rude things to do with your chopsticks!

If it's something rude you can do with a pair of chopsticks, Japanese has a special term for it.

A thread... Image
1. Hashiwatashi 箸渡し ("chopstick passing")

Don't pass food directly from your chopsticks to another person's chopsticks. Image
2. Tsukitatebashi 突き立て箸 ("piercing standing chopsticks"), or just tatebashi 立て箸 ("standing chopsticks") for short

Don't stab your chopsticks into your bowl of rice so they stand upright (this is done for Buddhist funerary offerings, so doing it otherwise is very rude). Image
Read 42 tweets
31 Oct 20
Japanese halloween is great for many reasons, but one of the greatest is the annual "mundane halloween" contest hosted by website @dailyportalz, where people dress up like mundane, everyday things.

Here is a thread of some of my favorites from 2020...
"Uniqlo mannequin that suddenly started wearing a mask during the pandemic"

"Man who forgot he was wearing a mask and tried to bite his corn dog"

Read 23 tweets
29 Aug 20
The 2025 Osaka world's fair logo had 5 finalists. Option E was the winner.

Its official name is inochi no kagayaki ("brilliance of life"), but Japanese Twitter nicknamed it koroshite-kun ("please kill me now-kun")

Here is a thread of memes!

1/

#いのちの輝き
#コロシテくん
Many people emphasized the potentially horrific aspects of the logo:

2/
Other people saw a chance to exercise their creative sides!

This person knitted a kill-me-kun out of yarn:

3/

Read 28 tweets
30 Jul 20
I made a map of the very first thing Japanese people think of for every prefecture in Japan, at least according to Japanese Google autocomplete...
Many people outside of Japan have been asking questions about these search terms, so I though I would explain some of them in a thread...

Eight prime ministers have come from Yamaguchi - the most of any prefecture.
Hyōgo indeed has many strange crimes.

Just to name a few...

The Kobe and Akashi Nude Murder Cases (1980s)
The Kobe Serial Child Murders (1997)
The Kobe Graduate Student Lynching Case (2001)
The Amagasaki Serial Murder Incident (2000s)
The Takarazuka Crossbow Murders (2020)
Read 20 tweets
12 Apr 20
I wish articles like this would also point out that the Republicans have actively been trying to destroy the Postal Service for decades, and directly caused its recent woes.

A thread. 1/

washingtonpost.com/business/2020/…
In 2006, George W. Bush and a Republican Congress passed the Orwellian-named "Postal Accountability and Enhancement Act," designed to destroy the Postal Service. 2/
Conceived and written by lobbyists for FedEx and other private package carriers, the law forced the Postal Service to pre-fund its employee pension obligations for the next *75 years* - something no other govt. agency, let alone a private corporation has to do. 3/
Read 12 tweets

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