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GameStop exposes destructive hypocrisy of Wall Street
****News Topic 269*****
GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality
GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality
The destruction of a short-selling hedge fund by investors on Reddit was a formidable display of people power. It exposed the US stock market’s feet of clay – and the panicked elites are sure to retaliate.
AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’
AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’
Democratic Rep. Alexandria Ocasio-Cortez has heaped mockery on Wall Street hedge funds who’ve taken a beating after a short-selling scheme on GameStop shares miserably backfired, accusing them of treating markets like a “casino.”
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
More here:
https://www.moonofalabama.org/2021/01/the-system-is-rigged-episode-4537-game-stop-corp.html