The Big Squeeze - Prologue. Author's Note

Author’s Note:

I know most people probably assume my stories are all just too mental for comfortable reading, especially in my works in science fiction and fantasy genres. Well, I asked myself, what is exacting and interesting field that I could write in?

I am basically a trained accountant. I got credentials from both a Master’s Degree and the US treasury Department. However, before I studied accounting, I was an economics-finance major as I started College in September 2005. In 2007, I officially switched my major to Accounting. The reasons for the switch, without going into detail that you will probably learn more about in this story, is simply none of “high” finance made sense intuitively. Even with my switch in majors, I still graduated a year early as planned with my Bachelor’s in Accounting in June 2008 and continued in school for my Master’s in June 2009.

During the fall of 2008, the finance world experienced what many have called a “once in a century” event. The entire thing was a fiasco of monstrous proportions and implausible gambits by the federal government and Wall Street’s brightest minds. It’s aftermath have toppled national economies and even national governments as I suspect the reverberations of the 2008 Financial Meltdown might have indirectly led to the current European debt crisis.

As for the title, I developed it based on two concepts in Finance that I am betting few people without any experience in the field will get as it is not a nomenclature. In finance, there are two types of so-called “Squeezes”. A “Short Squeeze” is basically a run up in price after a large amount of short sellers cover their positions in a company or “investment vehicle” that they were shorting. They were betting stock, bonds, or whatever prices would go down, but they went up and they have to pay up the difference. It causes a surge in stock price and distorts realistic valuation for outside stakeholders. A “Long Squeeze” is the exact opposite, long term buyers sell their stock into an empty market and keep selling until the price hits near zero or there’s intervention. Both scenarios happened during the fall of 2008, the “Short Squeeze” due to government intervention and “Long Squeeze” as some companies were falling apart.

The story that I have developed with detail and nuance is fiction, but the main events are completely true along with the schemes and plots of CEO’s, government regulators, and even the political establishment. I think gay fiction is due for a new genre engagement and the world of Finance would be a fun thing to start. So buckle up tight and keep your 401K secured, you’re about to go head long into The Big Squeeze.