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This sounds like an aristocratic response to a revolution. I don’t mean this as dismissive, I mean that clearly there are enough people dissatisfied with the st
by jakeva 6y ago
This sounds like an aristocratic response to a revolution. I don’t mean this as dismissive, I mean that clearly there are enough people dissatisfied with the status quo that they are taking measures surprising to those satisfied with the status quo.
- nsator 6y agoI think you are talking about a subject that's completely out of your depth. WSB has always been about greed and making profit. The so called revolution is just a halo that they attached to themselves so they can all look like heros. From an economic perspective, what they did is irresponsible and dangerous. I agree with most of what OP said. It's just that some facts are harder to swallow in the current political climate of poor = good and rich = evil.
- rland 6y agoIf what WSB did was irresponsible and dangerous, then all of Wall Street is irresponsible and dangerous. That's the point here. The only difference is that regular people made money this time.
- nsator 6y agoMostly done by one hedge fund but it's easy to jump on the band wagon to overgeneralize and criticize the entire Wall Street. You are essentially proving my point..
- rland 6y agoSo it's nihilism all the way down. I suppose then that shutting this trade down to protect the hedge fund is morally equivocal to letting them lose their shirts.