If you’ve been on the internet today (and I assume you have been, if you’re reading this), you’ve probably noticed that your timeline looks a hell of a lot like the r/wallstreetbets subreddit.
That’s because the Wall St stock exchange has been absolutely ransacked by a bunch of Reddit finance frat boys (presumably named Chad) who harnessed the power of Gamestop stocks to quite literally send a bunch of hedge funds broke.
It’s absolute madness and I’ve already explained the whole fiasco here (don’t worry, I explained it like you’re five). But the only thing better than the story itself is the memes that have come out of it.
Memes, glorious memes!
To be quite honest, this was me this morning:
Me RN tryna sort out what’s going on with #Gamestop and #stonks pic.twitter.com/CMxs5MyDgD
— Troy Baker (@TroyBakerVA) January 27, 2021
But after hours of doomscrolling through the bird app (Twitter), I have now decided that total anarchy is good, actually. And if Wall St bros didn’t want to end up bankrupt, maybe they should’ve built a stock market that isn’t fragile enough to be destroyed by some bored dudes on Reddit.
I’m confused….if you didn’t want to help poor people then why did you name your app ROBINHOOD?!?!??!?!!? #stonks #saveamc
— Ann Marie Lastrassi (@bryanjoonviews) January 27, 2021
But as someone with very little invested in the stock market, and absolutely no stake in Gamestop, the situation is mostly just a source of entertainment for the day.
So sit back, grab a glass of wine and join me in admiring the glorious memes as the stock market crashes and burns into a Reddit-fuelled madness.
I forget where I saw this, but it is pretty hilarious. “There is something pleasurable about watching a bunch of people wearing virtual Guy Fawkes masks crippling hedge funds.” #Stonks
— Hikaru Nakamura (@GMHikaru) January 27, 2021
Personally, I believe in the bimbofication of the stock market and have no real interest in having a bunch of Wall St bros explain things to me.
good for those gamestop boys or whatever but i am ready for the bimbofication of the stock market
— Jill Gutowitz (@jillboard) January 28, 2021
— alex (@alex_abads) January 27, 2021
But hoo boy, it does feel good to watch everybody slowly realise that the entire foundation of the stock market is flimsy at best and that capitalism sucks.
It’s almost like the stock market is an unscrupulous game used by the wealthy and powerful to multiply their wealth and power.
— Jared Yates Sexton (@JYSexton) January 27, 2021
https://twitter.com/RespectableLaw/status/1354460863009271809
I mean, who needs occupy Wall St when you have r/wallstreetbets?
https://twitter.com/GarbageApe/status/1354435503530110977
Anyway, I’ve spent too long deep-diving into the stock market and now I think I’m actually convinced that Elon Musk will send everyone to Mars in a rocket branded with Gamestop logo so I think it’s time that I log off for the day and give my therapist a call.
https://twitter.com/OlegBarun/status/1354178788863537152
https://twitter.com/ziwe/status/1354471298810974212
Dear Wall Street, you’re fucking with a generation who are already fucked. We’re bored. We’re sick of it. We have nothing to lose.
TO
THE
MOON— craig reynolds VERIFlED CHECKMARK HERE (@reynlord) January 27, 2021
It’s Gamestop’s world and we’re just living in it, baby.