Retail sticking it to Wall Street

Day 1076 - Sep.27.21 - Retail sticking it to Wall Street

It’s scary to think about the world we’re entering. The next crash is going to create a lot of problems for a lot of people. Whether the world blames China for wiping out foreign debt holders and causing banks to crash is one thing. But the meme stock phenomenon and the truth about what’s happening is incredible. It’s the biggest F you from retail to Wall Street the world has ever seen. The ultimate transfer of wealth from the rich to the retail investor. It’s incredible what Reddit and Superstonk has been able to expose. It feels like a community of people who know they might change the world from all walks of life. Everyone with the common goal to stick it to Wall Street and the institutions. The government has to let it happen otherwise the world will never trust the American market again. If people really knew how these guys were making money through front-running trades, then betting against those same trades using different funds is unbelievable. Is Citadel, the largest market maker in the world, too big to fail? We’re about to find out and I think the answer is yes. All the SEC whistleblowers getting paid to blow it up and expose all the crime and corruption gives me hope. Let’s hope it ends that way but a lot of people will get hurt in the process.

‍