3 ms·
The parts of wall street that lost were part of the 1%. The part of wall street that won were the funds that managed teachers' retirement accounts. This is the
by zests 6y ago
The parts of wall street that lost were part of the 1%. The part of wall street that won were the funds that managed teachers' retirement accounts.
This is the narrative. It doesn't matter which narrative makes the most sense or is the most correct, it only matters which narrative spreads the most and the quickest. The narrative that wins will always be the victory narrative.