I think it was an attempt to destroy physical media. Gamestop is a keystone of physical media, and this open revolt against Wall Street is shutting down their finishing move.
This could explain why we are seeing so many post about WSB on reddit, 6 out of 20 posts in the front page are about this event, and you know why? Because China is in control of reddit and because China wants to see the US fall apart.
There's a parallel here with the 2008 crash where wallstreet was creating value out of nothing by prepackaging high risk mortgages to make them appear low risk. I wasn't paying too much attention at the time so I don't know what exactly made that bubble burst, but that was also a case of the entire economy possibly crashing because of some very shady antics.
If the fed does another bailout as in 2008, we could be seeing massive inflation. Don't go crazy, but brace for the possibility.
Oooooh shiiiit! When did this happen?!
I think it was an attempt to destroy physical media. Gamestop is a keystone of physical media, and this open revolt against Wall Street is shutting down their finishing move.
This could explain why we are seeing so many post about WSB on reddit, 6 out of 20 posts in the front page are about this event, and you know why? Because China is in control of reddit and because China wants to see the US fall apart.
There's a parallel here with the 2008 crash where wallstreet was creating value out of nothing by prepackaging high risk mortgages to make them appear low risk. I wasn't paying too much attention at the time so I don't know what exactly made that bubble burst, but that was also a case of the entire economy possibly crashing because of some very shady antics.
If the fed does another bailout as in 2008, we could be seeing massive inflation. Don't go crazy, but brace for the possibility.
Nah man stock up on linwood
The old system is too compromised to change. It has to go. People are realizing this and they want to burn it all down.
Ironic, but I'll say it: Our motto should be "Build back better". LOL. Reversing their slogans and symbols on them.