Re:Day trader army loses all the money it made in meme-stock...
by zapataband1 on Tuesday May 10, 2022 @12:37AM
(#31323495)
This is what every major crash in the US economy is. Poor people lose assets and rich people can coast long enough to buy them up cheap. Not a surprise that we are headed towards continuously record-breaking levels on income inequality
And in the end it was redistribution from the lower to the upper class. The last two years were the biggest wealth transfer in history. And "wealth" is so much more than just money... we absolutely screwed our kids in a way that will impact them for quite some time.