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Reddit's GameStop, AMC surge is the new Occupy movement

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Re: Reddit's GameStop, AMC surge is the new Occupy movement

#3
Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work.

Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century will be less focused on speculation and more on actual earnings.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#4
post #3

Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…

I also don't care about a hedge fund losing out but Id hardly call the current value of Gamestop to be "real" Economics.

And for the few /r/wsb guys and girls making a killing there are a lot more late comers who will lose big, and can't afford to.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#5
post #2

"terrifying". That seems way over wrought.

Agreed its hyperbolic. Some might be terrified. Depending on how the narrative shifts the dominant cognitive effect could go from terror to amazement or admiration. If so we might see second order effects like submission (if it shifts to admiration) or awe (if it moves toward amazement). I imagine its a good opportunity for a reboot for populist leaders of previous movements (tea party and occupy). But they will have to struggle for the same mindshare.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#9
post #3

Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…

>It will harm everyone, but at least this Century will be less focused on speculation and more on actual earnings.

It's far more likely that this would lead to narrowly-targeted regulations than some sort of collapse in global finance, as much as some people would like to see the latter.

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