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The GameStop Surge Proves Our Corrupt System Is Unsustainable

And the rich are absolutely terrified

Walter Rhein

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Photo by Shane on Unsplash

It’s been said that the only two certainties in life are death and taxes. You live, you work, your money is taken from you, and you die. The only thing you’re allowed to pass on to your children is your debt. For many Americans, that is a harsh and inescapable reality.

The rich get richer, the poor get poorer, and despite new political administrations or technological breakthroughs, the story remains the same.

But a recent stock market manipulation has the wealthy elite shaking in their boots. Somehow, a bunch of kids on a Reddit chatroom managed to catch lightning in a bottle and drive up the price of a stock many elite hedge fund managers had been short selling. Almost overnight, members of the snobby old guard found themselves on the business end of a billion-dollar loss, and they’re squealing like mad about it.

What they don’t know is that their time might have already come and gone.

What happened?

The stock market isn’t as hard to understand as people would have you believe. To make money trading, all you need is the financial flexibility to leave your investments alone. Most people can’t invest because they’re saddled with crushing debt.

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