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Comments by "XSportSeeker" (@XSpImmaLion) on "What Regulators Are Looking Into With the GameStop Frenzy | WSJ" video.
So, no lessons learned? How about looking into why hedge funds are allowed to freely bet on a company loss and artificially force it to fail, and how healthy an environment this creates? How about looking into the stock market's role in general and how it has been deviated from it's purpose and exploited for empty profit? If anything, the entire WallStreetBets case biggest accomplishment was exposing how broken the system is, and apparently how little government and regulators have learned in the past few crashes. Or how much they are letting it run because of secondary intentions. It's just an endless cycle of exploitation, crashes and bail outs that keeps the same people rich all the time at the cost of the rest of the population. It's not manipulation folks, it's people getting fed up with this whole charade. And if the government and regulators won't do nothing about it, don't complain when people decide to do something within the rules of engagement.
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