The Reddit Revolution, GameStop and Melvin Capital - Glenn Greenwald
3 years ago
6
All credit goes to Glenn Greenwald one of the best journalist you will ever follow. I post it here because its a good message and YT sucks.
One of the most interesting and potentially significant conflicts to happen in some time — not just financially but culturally and politically — deserves serious scrutiny.
A remarkable series of events culminated in at least one major Wall Street hedge fund on the verge of insolvency and widespread anxiety and even panic from the titans of the financial system. It was all initiated on a sub-group of Reddit known for its heterodox interest in stock markets, video games, and vaguely populist politics.
Original post
https://www.youtube.com/watch?v=o3ZLFDQ36tI
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