The news of the (second) impeachment seems strangely pedestrian after the blowtorch intensity of Reddit vs. The Hedge Funds.
The good news is that the hedge funds didn’t conspire with market makers and trading apps to suppress a (warranted) generational revolution.
The inevitable Netflix/Hulu/Starz versions will not be so romantic; Reddit mainly inspired a transfer of wealth from one hedge fund to others. It was a pump and dump masquerading as a movement … with many retail investors left holding the bag.
Read the entire article: The Algebra of Wealth | No Mercy / No Malice