Could Gamestop's stock drama ruin billion-dollar titans? Maybe it should, says @salkhanacademy: "At the end of the day, if the hedge funds want to do something like shorting," balance demands "allowing, every now and then, for them to lose their shirts when a bad bet goes wrong."

Jan 29, 2021 · 1:13 AM UTC

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Replying to @MehdiHasanShow @salkhanacademy
It's not evil coordination. Just a bunch of people who were buying #GME . That alone is destroying a $15B hedge fund because they were that stupid...Hedge funds would have never failed this bad if they hadn’t shorted these stocks to this extent #wallstreetbets #Webull #Robinhood
Replying to @MehdiHasanShow @mehdirhasan @salkhanacademy
Great interview.
Replying to @MehdiHasanShow @mehdirhasan @salkhanacademy
Shorting is a contrived way to bet on the loser. It should go away.
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Replying to @MehdiHasanShow @salkhanacademy
as that idiot schumpeter would say they pioneered a form of apocalyptic creative destruction, clearly there’s tons and tons of money to be made in squeezing hedge funds to death
Replying to @MehdiHasanShow @mehdirhasan @salkhanacademy
I got 1 word: fuggem!
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Replying to @MehdiHasanShow @mehdirhasan @salkhanacademy
The Mehdi Hasan Show: Brilliant analysis, brilliant chyron😂
Replying to @MehdiHasanShow @mehdirhasan @salkhanacademy
After the MBS crisis my inexpert take was that the bailouts had some pretty bad moral hazard implications, but valid "too big to fail" concerns trumped. This seems like a good opportunity to remind financiers that actions have consequences without taking down the entire economy
Replying to @MehdiHasanShow @salkhanacademy
Thank you comment I like what you share. Beautiful video.
Replying to @MehdiHasanShow @salkhanacademy
@PkKhoza
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Replying to @MehdiHasanShow @salkhanacademy
The crooked Wall Street is at it again