by Jayant Bhandari
Sticking it to the Man
A certain Reddit group has recently become very popular. For many people, the group has emerged as the savior of humanity. With their collective might, this group has brought a few hedge-funds close to bankruptcy.
[…] Is this group going to save us from the greed and immorality of Wall Street?
The posts on the Reddit group are obscenity-ridden. They have no clue about valuations. They are trying to create short-squeezes, taking outlandish risks with their money, risks much worse than one takes in the casino. Of course, pumpers of all sorts are a part of that group, pumping what they want to get traction.
Do you think such a group can rescue us from the swamp of political and financial corruption?