this post was submitted on 22 Nov 2023
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DRS Your GME

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Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

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[–] bibic_jr@lemmy.whynotdrs.org 12 points 11 months ago (1 children)

We're in a recession because the poors aren't spending enough money! Spend more money poor people! This recession is all on you, definitely not the over leveraged institutions and debt addicted banks.

[–] psycho_driver@lemmy.world 7 points 11 months ago

Spend more or we wont give you your 1.5% cost of living raise for the next three years!

[–] Supervisor194@lemmy.world 11 points 11 months ago (1 children)

For anyone interested in how this all started, there's a book I read that I quite enjoyed Flash Boys. It's 8 years old now, but it's difficult to read it and believe that the stock market could be anything approaching legitimate now, particularly given the bullshit around meme stocks.

[–] H00SEHOUSE@lemmy.whynotdrs.org 5 points 11 months ago

Tremendous recommendation. Flash boys is fire.

[–] zcd@lemmy.ca 7 points 11 months ago

And Ken Griffin is a massive piece of shit!

[–] blanketswithsmallpox@lemmy.world 6 points 11 months ago

Taken from another comment because I'm lazy. Just because the Stock Market is bullshit doesn't mean you shouldn't be putting into a retirement account like a 401k/ROTH IRA.

The smartest thing any person can do is make their best informed decision with the information they have now. Not with speculative catastrophizing of a future that will keep marching on with or without you.

Because it will, despite all the doomerism in the world lol. And take this from someone who thinks the stock market is just a money generation machine for the rich that plays with made up magic in order to subsidize workers retirements only possible through unsustainable growth based gdp. It's what makes compound interest even work lol.

The peons don't like the idea of being paid so little they can't save up for retirement without magically generating money from hoarding scraps. Heads would be literally rolling daily and worker rights and pay would be enshrined in every first world.

[–] psycho_driver@lemmy.world 4 points 11 months ago

Just another casino.

[–] MozooZ@lemmy.whynotdrs.org 3 points 11 months ago

Anyone happening across this and looking for a little more info, you may want to check out https://WhyDRS.org and https://marketliteracy.org.

[–] Chakravanti@sh.itjust.works 2 points 11 months ago

I missed the part where you're willing to pay in Monero.