2 ms·
> although it remains to be seen whether the "rich folk" hedge funds who shorted this week lost money. It also remains to be seen whether the "common folks" tha
by grecy 6y ago
> although it remains to be seen whether the "rich folk" hedge funds who shorted this week lost money. It also remains to be seen whether the "common folks" that piled on this week are going make a profit or are just going to be bagholders
My comment above makes no statement about who is going to eventually profit from this.
My comment is about how as soon as the "common folk" start to take their destiny into their own hands, the "rich folk" cry foul, to the point where Congressmen are issuing press releases, and there is talk of completely re-designing the entire system.
There is an awful lot of whining coming from one end of the wealth spectrum right now.