Hi {{first_name}} ,

It's Edwin here, diving straight into the chaos that's brewing in the markets. If you caught my latest live stream—Episode 21 of The Everything Squeeze—you know we unpacked some massive connections that tie GameStop, Bitcoin, and even the mortgage giants into one wild ride. Missed it? No sweat, hit up the replay here [link on X].

Trust me, it's worth your time if you're tracking this saga like I am.

This newsletter's all about breaking down the key highlights from that broadcast, plus some fresh ties that are lighting up my radar. We're talking Ryan Cohen's master plan, Michael Burry's spotlight, and how everything's pointing to an explosive squeeze. Let's keep it real and roll through this together.

Quick tip: this newsletter reads best on our website. Just sign-in with your email to access.

Remember January 2021? That wasn't just a meme stock frenzy—it nearly nuked the entire financial system. Straight from the DTCC's own report (scan the QR code or visit dtcc.com for the PDF below), the National Security Clearings Corporation or NSCC flagged $GME as an "idiosyncratic risk" that caused a $1.6 billion back-testing deficiency on January 22, 2021. We're talking coverage ratios dipping to 98% in January alone. If they hadn't removed the buy button, domino bankruptcies could've hit globally.

It’s all part of the plan $HOOD ( ▼ 4.53% )

Let that sink in.

Fast forward to now: Millions of synthetic shares are still floating, thanks to market makers kicking the can with fails-to-deliver (FTDs). GME's the spark for all this market weirdness—toxic swaps, derivatives in the trillions. Thesis unchanged: Hold tight, and watch the pressure build.

Burry's back in the spotlight, and his latest moves are screaming clues. He's short on some big names, but dig deeper—it's looking like a pivot to going long on $FNMA ( ▼ 3.1% ) (Fannie Mae). Why? Connections to the mortgage-backed securities mess from 2008, those tranches that got can-kicked for years.

In the stream, I tied this to Burry's history with Scion Asset Management. He's betting on resolution here, especially with hints of a Fannie/Freddie IPO. This isn't random; it's part of the bigger unwind. Burry sees 3-5 years minimum on this hold, but with the right triggers, it could pop sooner.

Big clue: Bill Pulte's confirmation as FHFA director under the new admin. This guy's no stranger—tied to activist investing circles like Ryan Cohen, Carl Icahn, and President Trump. FHFA oversees Fannie Mae and Freddie Mac, sitting on $4.13 trillion in assets under $FNMA ( ▼ 3.1% ) (over $7 trillion combined with Freddie).

Hints of an IPO? Absolutely. If they go public and link into Bitcoin (more on that below), we're looking at massive upside. Pulte's role could accelerate this, resolving those old 2008 tranches (The BBB rated bonds with a missing Y). I called this crossover back in my early X threads—it's all connecting now.

Pulte already hinted at $FNMA IPO and clued in on what will likely take place right after with Bitcoin linked to mortgages. In a now deleted repost from Grant Cardone, billionaire real estate mogul which mentioned, “Imagine ‘when’ Fannie Mae & Freddie Mac create Bitcoin & real estate mortgage product”—oops, deleted.

Recall that 50-year mortgage idea that was recently floated? Yeah, that’s not a coincidence and people are losing their minds because they can’t understand. Don’t worry we’ll be early on this before it hits mainstream.

Here's where it gets juicy: Fannie and Freddie's $7 trillion could flood into Bitcoin if that IPO hits. President Trump's pro-BTC stance? It's fuel on the fire. This ties mortgage industry woes—rehypothecated treasuries, Basel 3 banking rules to end naked shorting—straight to crypto.

Secretary Treasury Scott Bessent has repeated on national television that mortgage-backed securities are a national security risk. Pulte has stated mortgage fraud is a national security risk. Treasury bonds also known as T-bonds (long-dated 20-year and 30-year) are linked to mortgage-backed securities (MBS). Insert meme: it’s the same picture.

So how does it work? In a nutshell:

I know what you are thinking right now, “Edwin, might be a coincidence.” And you might be right, but Dr. Michael Burry pointed out the obvious by revealing emails between Keith Gill/RoaringKitty, Ryan Cohen, and himself dating back to 2019 before the chairman of GameStop was forced to disclose his position in a 13D SEC filing in August 2020. Here are the receipts, the timeline matters more than you know.

Now, listen to what President Trump had to say about Bitcoin and the $35 Trillion of US National Debt:

Bitcoin is the hedge against this mess. With banks bleeding from overleveraged positions (check the Office of Financial Research chart below—hedge fund borrowing hit $3 trillion by September 30, 2025), $BTC squeezes as shorts get crushed. Everything shorted explodes: $GME, other highly shorted stocks via meme basket, then $BTC and alt coins (with injected liquidity ‘yentervention’ from Bank of Japan and end of Fed’s Quantitative Tightening).

Ryan Cohen's the meme lord dropping signals left and right. His posts sync with SEC filings, dates, and market moves—think that Cocaine Bear reference to easy Fed money on November 30, 2022 (swap cycle alert). Now, link $GME to MicroStrategy ($MSTR): Both are Bitcoin plays at heart.

Cohen's building a keiretsu (that interconnected empire) with GameStop at the core. $MSTR's Bitcoin hoard? It's the bridge. As $GME ramps, it pulls BTC along and vice-versa. White House reposts GameStop on October 26, 2025? Undeniable confirmation of ties to bigger forces. $DJT is backing $GME and $BTC so trust the plan.

We've hit the final swap cycle of 2025—those quarterly resets where shorts scramble for liquidity. November's always wild (yen intervention, $17.7T yen ~US $30 billion injected into Japan to stave off bond yields spiking like 1999). Fed's decision next week? Expect liquidity injections amid credit crunches. Liquidity boom is coming.

Shorts are terrified: Perpetual cycles bleeding billions. GME's moving averages (50, 100, 200-day) are converging weeks before December 9 earnings. Pressure's on—diamond hands win.

We're in ramp-up mode—GME earnings in December could be monumental. I've got two big items pegged before year-end (hop into TMC Discord for the info). And hey, Black Friday special's still live: Grab the first-edition collector’s set (jewelry-grade, 4 pieces) plus 12-month premium sub and a sticker for that extra flair. Details in this post.

Jump over to my X for the full video proof and more signals—let's keep this rocket soaring! Follow if you haven't, and drop your thoughts in the replies. If I missed anything, hit reply to this message because I am curious to know.

Very best,
Edwin

p.s. Thank you all for your comments, suggestions, and feedback over the years. Without your support, I wouldn’t be here. Hodl, the best is yet to come.