The USA might just unify despite Joe Biden. There are not many things that can bring the Occupy and Antifa crowd together with Proud Boys but sticking it to the overlords of Wall Street is just the ticket.
The Gamestop monster battle between the ruling class and the peasants
The naked short sellers of Wall Street were never a healthy part of a free market — they were selling shares they didn’t own. Their predatory behaviour could create the very destruction they profited from, ruining potentially productive assets in the process. In a bonfire of gambling greed, the Predators could effectively sell more shares than even existed — betting they could drive the price lower and buy back for a bargain. But the little-guy-punters in the reddit/Wallstreetbets crowd got organized and called the bluff. They pushed the $4 stock to $400, busting the Smarty-pants players and reveling in it. There are estimates that hedge funds have already lost nearly $20 billion. One group of short-selling guru’s have been burnt so badly they’ve abandoned publishing short selling research. The wake from this is just beginning.
The problem for the Democrats is that this wave is a form of Draining The Swamp. […]
January 29, 2021 at 01:36PM