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https://www.nytimes.com/2021/01/30/business/gamestop-stock-profit.html I'm happy for you but I think this is already one of the major events of 2021 that China should take a good look at and it shows 2 things: how weak is the US economy and how weak is the US democracy (perhaps it is not even one) My analysis 
1/ In the US, the Wall Street traders have long been doing money on short selling. The beleaguered bricks-and-mortar purveyor of videogames Gamestop had become the next target of the sharks of Wall Street by heavily shorting their stocks.
2/ My opinion is that the Quantiative easing to couter the pandemic crisis hasn't been enough. The US economy was stuck in a liquidity trap with 0% interest rates, the market shares were at their lowest so they had to resort to what we call "helicopter money".
3/ https://finance.yahoo.com/news/joe-biden-wants-2-000-161000977.html Remember, the first round of stimulus money on household expenses and the next one to come from Biden are not given out of generosity 
It is just a measure to drive up the market and it has since worked pretty well!
It is just a measure to drive up the market and it has since worked pretty well!
4/ Then a bunch of mob retail investors came up online and managed to get organized on Reddit and Discord. Most likely a bit idle by the current situation and having this new purchase power (the stimulus money), they had spotted a major weakness in the speculation at Wall Street
5/ 2.1M people have organised a buy-up of Gamestop's shares and the firm's share price had spiked from a few dollars to a peak of 350$, getting about 20bn$ in buying power to pile drive the hedge funds. It says a lot on how you can read through their strategy
6/ And since a bankruptcy often lead to another, Wall Street panicked because of a possible domino effect that could have triggered another financial crisis They had no choice but to clamp down on those brave people 
but more seen as "thugs" in Wall Street!
They had no choice but to clamp down on those brave people but more seen as "thugs" in Wall Street!
7/ I remember a China hater(watcher) who blocked me @AntoineBondaz and said during the elections: "Capitol Hill is the heartbeat of democracy". Excuse me Sir but I think you're wrong. The heartbeat is in Wall Street and in the Silicon Valley! https://www.rt.com/usa/513840-discord-ban-wallstreetbets-gamestop/
and said during the elections: "Capitol Hill is the heartbeat of democracy". Excuse me Sir but I think you're wrong. The heartbeat is in Wall Street and in the Silicon Valley! https://www.rt.com/usa/513840-discord-ban-wallstreetbets-gamestop/
8/ They just shut down Reddit servers, they banned the Discord Chat and they shut down the online broker Robinhood to drive down the price and buy the shares back. Remember all of this was legal 100%. This is a serious violation of democracy and free speech.
9/ It is another strong evidence that the US democracy is rigged, people are now seriously getting angry to have their rights trampled on in this already divided society. They realize once more they just leave in a plutocracy where the interest of Wall Street is above.
10/ In conclusion my opinion is that the US economy has become unstable and very fragile. Quantitative Easing + 0% interest rates + stimulus check leads to over speculation and big surge in the stock markets and they just narrowly averted a disaster.
@Jerry_grey2002 @MrJerryGoode @Jingjing_Li @thecyrusjanssen @angelo4justice @BauJosephine @MaitreyaBhakal @MuppetPowerrrrr @6259yuan @Xi_Fan @notXiangyu @Xi_Fan @Xhinua_1988 @JeffHillinChina
@isocockerell @poetictapestry @AmbassadeChine @ChineseEmbinUK @EVANVAERENBERGH @ml_1maria @Sabina_91521 @SameeraKhan @chenweihua @CaoYi_MFA
At the end I'm very glad to have a state above the traders caste and it shows that "Where is Jack Ma?" was a good thing 
