One of the most interesting aspects of this Gamestop saga to me...

SteveM

SteveM

Is how in two days, it was able to completely divert the national consciousness (+media) away from Trump, Capitol Hill riots, COVID, etc.

And perhaps even crazier, it seems like it has created some national and political unity among both citizens and politicians who've decided to collectively turn their moral outrage away from one another and towards hedge funds and brokerage accounts instead. At least if social media is a sign, then that's what appears to be happening.

"If we didn't have a $GME squeeze, we woulda needed to invent one.*" - Deep State


*perhaps they did orchestrate it?
 
OptionsOptionsOptions said:
Outside of the trading world nobody has heard of - or care about - GME.
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Numerous politicians have weighed in on the brokerage actions - bipartisan support too. First time I can recall seeing bipartisan unity in a long time.

Also, my social media feeds have been 90% political outrage for the last few years, and today they are at least 80% $GME, brokerages, hedge fund outrage, etc.

Maybe I just follow too many people involved in the markets, but it's real, at least in my little corner.
 
NoahA said:
Wait till the people find out how screwed over they are by the FED and money printing.
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It's not so clean cut, the Fed really can't let the real economy sit around idle due to a collapse in credit either because that screws main street as well.
 
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