LogFAQs > #950018854

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Topic	Explain the Gamestop situation like I'm ten and barely understand stocks
Payzmaykr 01/28/21 1:17:13 PM #53:	People bought stock to save companies and it caused billionaire hedge fund owners to lose money. They raced to the government and they bailed them out overnight and put a stop to it. Half of the country didnt get their $600 check, but our government can bail these rich assholes out overnight, even though they fucking deserved what was happening. These people arent rich from working hard, but rather from fucking people like us over. The government essentially prevented individuals from purchasing stock of it hurts billionaires. <cite>Payzmaykr posted [p:950018854] in Explain th... [t:79263851]...</cite> <quote>People bought stock to save companies and it caused billionaire hedge fund owners to lose money. They raced to the government and they bailed them out overnight and put a stop to it. Half of the country didnt get their $600 check, but our government can bail these rich assholes out overnight, even though they fucking deserved what was happening. These people arent rich from working hard, but rather from fucking people like us over. The government essentially prevented individuals from purchasing stock of it hurts billionaires. </quote> ... Copied to Clipboard!
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