Occupy Wall Street 2.0

The GameStop saga has opened up a new frontier of anger against the financial elites. It is Occupy 2.0 with a big difference

If you have been anywhere near market news last week, you could not have missed the stunning saga of GameStop. This heavily indebted chain of over 5,500 game stores in the United States, Canada, Australia, New Zealand, and Europe was valued at $1.2 billion on January 4. A lot of hedge funds were short on the stock, betting that the business would get worse, the stock price will fall and they would buy it back cheaper. And then, suddenly, a horde of “investors” banded together under a Reddit sub-group called wallstreetbets, and descended like fearless marauding Mongols to scoop up