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We discuss the broken price mechanism in a dangerous financial system
The GameStop squeeze on short-sellers is an extraordinary event in markets, where at face value, retail traders and investors have worked together in an attempt to put some of the largest wall street institutions out of business.
The events can be interpreted with many viable lenses and there are ironies baked in that are pure serendipity. There has been a centrally controlled game in the global financial system in which insiders benefited while outsiders got hurt that comes to a head with a company called GameStop. The broking firm of most of the retail side of this warfare ‘RobinHood’ is literally stealing from its poor, retail investors to give to its rich, capital backers. .../Click for more>>>