Writing and Life
Published in

Writing and Life

Are Kids Collapsing the Global Economy?

Hedge funds are bailing each other out because Reddit (WSB) is gambling on GameStop (GME)

Reddit’s WallStreetBets is setting fire to the global economy
Image created by author via Canva

It’s beginning to feel like 1999 again, only worse. Stocks have become memes, and kids are gambling on them against big hedge fund companies. This week, the kids are winning. Next week, we may all lose.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store