This GameStop story is fun, but I feel one branch of the take machine needs trimming right quick — poor people don't *buy stocks, & I'm not sure we can say anyone has made money 

Let's just celebrate that finance bros have lost a tonne of cash


Let's just celebrate that finance bros have lost a tonne of cash

* I'm not trying to be a gatekeeper here, individual people can & do invest maybe some people who qualify as poor by income cut-off or whatever are involved in GameStop but if they make money it likely won't lift them out & still could leave them worse off — still gotta sell

This is an excellent thread on who the big winners are (or could be) and suprise, it isn't the average joes... https://twitter.com/doctorow/status/1354848494192738304?s=19