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Reply to "Stock Market is not a Free Market after all "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Look, GME is not just a funny game of “getting back at the man.” If this is allowed to fester, there will be systemic volatility. You might think this warning is alarmist, but people have underestimated the destabilizing power of the alt-right for years. I understand that people are hurting, but we’re going to have to decide if that should provide them a free check to be destructive. Lots of people -including you and me - have major investments in the current system - like your retirement funds. How much revolution are your jobs, finances, etc. prepared to take? Be careful what you ask for; you may just get it. [/quote] 1. [b]WSB isn't the "alt-right".[/b] 2. Yes, this may cause systemic volatility and rightfully so. It certainly would be destabilizing if people realized that all of their investments that they have scraped together for college and retirement in the hopes that the free market will work for them were all a sham and that they were manipulated by the ultra-rich. Yep. I can see how that might bring down the whole system. And yet here we are. [/quote] Yep--Way more Bernie bros[/quote] WSB is millions of people. I would bet they have diverse political beliefs. It is foolish to try to attach WSB to a political leaning. [/quote] I totally disagree. ECONOMIC INEQUALITY. A common denominator w many Bernie Bros, Warrenites and Trumpkins. [/quote] And there’s more than just a few Redditer comments from young adults who watched their families get screwed in ‘08 while WS got saved. And then they were also lectured about “moral hazard” for gaining on too much mortgage and other BS. Lots of blaming boomers for fckin up the planet, the economy, and politics. This is the new era folks. Revenge of the youth and the financially downtrodden — inequality is the rot. [/quote]
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