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  1. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    I'm not sure they're framing it as anything, there's been a handful of articles trying that angle, but for the most part media coverage is more neutral, and major figures within the democratic party have already been commenting on this and framing wall street as the bad guys (not just nuts like...
  2. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    No, but the other party can, and will.
  3. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    That still works out as a net positive, the attack ads practically write themselves. "In a fight between wall street and the little guy, [Canidate} backed....wall street" isn't a message anyone wants to see filling the airwaves during a reelection campaign.
  4. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    They'll be lucky if it's just a lawsuit. Biden needs something to keep the progressive wing of his party happy, and going after some inarguably guilty wall street types and the tech companies that colluded with them is perfect to both trigger a feeding frenzy on the left and have the right stay...
  5. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    I have an economics degree, I know exactly what I'm talking about. First, I didn't say "ability", I said "right", whether or not they can do something is a different question of if they have the right to do it. And secondly, there is next to no chance that either of those laws, if passed...
  6. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    No, the problem is human greed, which you can't regulate away. This is unhealthy for a few few hedge funds, for whom I have no sympathy. They knew going into this that trading on the market is risky and that unpredictable events can screw them over at any time with no warning. None of those...
  7. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    Ah, right, I'd forgotten that before Trump, Wall Street was incredibly popular and respected by the average person, and it's only been in the last 4 years that they've been more poorly regarded.
  8. Battlegrinder

    Business & Finance The GameStop Short Stock Sensation

    A bunch of larger firms were short selling gameshop stock, betting that it would lose value going forward. For a certain value of the term "betting". In this case it's like betting that the sun will rise in the morning and set in the evening, because this is gamestop we're talking about. Then...
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