‘$GME GO BRRR’: Times Square Billboard Gloats Over GameStopGate in Wall Street’s Own Backyard
A Times Square advertisement is gloating about the big gains made by GameStop traders who are punishing Wall Street hedge funds with their rush on the over-shorted stock.
The large digital billboard announced “$GME GO BRRR,” and showed a corresponding chart of the stock’s rise. The billboard reportedly ran for an hour. Digital billboard creator Matei Psatta paid for the ad, according to Disclose.tv.
The billboard can be seen here:
Wall Street raiders are freaking out that the common people are banding together and showing their collective economic power to attack the controlled markets.
Big League Politics has reported on some of the fallout that has arisen from what is now being popularly referred to as GamestopGate:
The investment app Robinhood has restricted cryptocurrency trading on their platform “due to extraordinary market conditions,” which means the little people were exercising their financial power and needed to be shut down.
Robinhood has restricted trading temporarily due to the surge in prices for Bitcoin and other meme-based cryptocurrencies, such as Dogecoin. They feared that investors would rush these stocks, similar to what has happened with GameStop, and cause fluctuations undesirable to the corporate elite.
The app is now engaging in blatant market manipulation to stop small investors from making gains. This shows how the system is designed to protect the rich and powerful at the expense of the average American.
“Due to extraordinary market conditions, we’ve temporarily turned off instant buying power for crypto,” Robinhood said in an announcement released to CNBC.
“Customers can still use settled funds to buy crypto. We’ll keep monitoring market conditions and communicating with our customers,” Robinhood added…
More people are understanding that Wall Street is a rigged casino that is designed for the elites to make a killing off the backs of the American people. This is true injustice and will only add to the populist anger that is rising nationally.
Sen. Elizabeth Warren (D-MA) wants the people to be punished for daring to challenge the Wall Street titans who she sometimes claims to oppose on the campaign trail to dupe voters.
“Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it’s doing to prevent market manipulation,” Warren tweeted Friday morning along with screenshots of her letter.
The fallout from GamestopGate is forcing the economic system to show exactly what a rigged scam it has become. Populist frustrations will only worsen as a result.