a really good explanation of what happened with Gamestop https://twitter.com/andraydomise/status/1354406807737933826
it's not so much that what the redditors did is good (playing casino games with people's jobs sucks), it's that they exposed that this is all the stock market is. the stock market is a casino and we are the chips that rich people play. they bet on our lives to get worse.
and the economic decisions that our government make overwhelmingly prioritizes these gamblers and their casino over any worker or small business in this country. they gave us $600 and injected literally trillions into the casino.
The media reports on economic health not with worker pay or satisfaction or even how businesses are doing on a concrete level, but almost entirely on stock prices. To the media, the economy is only the casino. A casino that most people will never even play in.
Anyway, every time you see any mention of "wall street" or "the dow" or similar, just replace the word with "casino" because that's actually what's going on there.
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