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stuckindayz t1_iu93lvj wrote

Reply to comment by NOVUS_ORDO_SECLORUM6 in Are your shares being delivered - SECURITIES EXCHANGE ACT OF 1934 ? by NOVUS_ORDO_SECLORUM6

As an analogy.

You buy a car online. Pay everything, it says it's getting delivered.

You wake up the next day with a giant car sized cardboard box in your driveway, with a picture of the car you ordered on the outside but nothing is in the box.

When you go to complain, they say "Look on the box, the cars right there, you'll get the internal product from your cardboard box... uhh..whenever we can find it" and now queue a 3-90 day waiting period... if you ever even get it.

Most of the time, the cars value dropped so much, you just sell the cardboard box back to the company or to someone else and say "oh well, I only lost 10% of what I paid"

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NOVUS_ORDO_SECLORUM6 OP t1_iu9d3rj wrote

Great analogy. And on top of that, it’s not just the single buyer of the car in this specific case that’s affected right? What about all of the other people that already own this car, but are now looking for a new model. Well, when they go to sell the car (real car) it’s not worth as much as it should be because the dealer already sold a ton of empty cardboard boxes to other consumers; KBB data says there are a bunch of these cars out there and a bunch of others for sale, this car isn’t worth as much because a buyer can find this car anywhere from a seller who will probably take less to sell it.

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stuckindayz t1_iu9f2ov wrote

Ya the value of the car is affected in many ways.
Then you get into the aspect of the market itself for cars ordered online delivered in your driveway in a box; if the big guy is doing this with his car, but actually delivers after a week, you'll have skeezy pieces of shit middle and smaller guys pop up.
They will not fulfill the obligation of putting the product in the actual box until the last actual required delivery date, but at some point realize they can get away with selling A LOT more boxes than they even make in their single factory, by just buying the boxes from the larger guy and shipping them from their factory.
Some will even cut up their original cardboard and ship these smaller boxes that could never fit a car, basically becoming "IOU's" to the car buyer that right out of the purchase could never actually produce the car.

So eventually this fraud circle of shit digs deep until all of a sudden the big guys have so many orders they can't fulfill the boxes because too many skeezy bastards are buying to sell and now the big guy is only delivering every 2-3 weeks. But not only that, you also have the fact that instead of delivering X amount of cars with X Amount of boxes, the small and medium pieces of shit have to deliver up to 3 or 4 cars for every large box, because they cut them up so much to resell.

If no one stops the cycle, it, like all other crashes in history, gets to a point where someone calls someone out for not fulfilling a contractual obligation and then it unravels and goes Kaboom.
"The tide goes out" and all the cardboard boxes get flattened at once to see which have cars inside and a shit ton of innocent people get fucked.

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NOVUS_ORDO_SECLORUM6 OP t1_iu9h7w8 wrote

All of this. And at the same time there is a special police force, tasked with the sole purpose to prevent this level of corruption. But the police are sitting around eating donuts with the car CEOs watching and letting it all happen.

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stuckindayz t1_iu9iimk wrote

So the special police force is owned by the largest cardboard box car companies "independent" conglomerate , and it did a good job of making it seem like the cardboard box ordering system was safe, and that you'll always have a car and that the cardboard box car fraud will be kept to a minimum.
Not always, but hopefully most of the time.
The low credit costs as of recently flooded so much fuckin money into fraudulent small and middle sized cardboard box car factories that it's literally impossible to deliver all these cars needed for the amount of cut up boxes that exist in driveways.
So the police force knows this, goes to the big guys and says.. we can't fuckin do our job cause if we do the whole thing is gonna collapse.

And now weird shit has been happening to hopefully force all the people with smaller boxes to sell literally 100% of them out in the real world because there is not enough materials on the planet to make all the cars needed to fulfill these empty boxes.

So now either the entire market breaks unless 100% of those tiny boxes get sent back to the factories.
Unfortunately some weirdo's realized how they could demand their car from the tiny boxes, and now everyone is SUPER PANICKING because almost 1/3rd of all the cars possible are already gone and nothings fixed.

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