An epic David-vs-Goliath battle has erupted on Wall Street.
And it may just change the future of investing, helping to tilt the playing field away from the huge unfair advantage the banking cartel has enjoyed for decades.
In case you’ve been sleeping under a rock for the past week: millions of individual investors have banded together using Reddit chat boards, Twitter and other forms of social media to wage concentrated attacks against large hedge funds who were recklessly (and possibly illegally) over-shorting the stocks of weak companies.
This has resulted in a series of “Infinite Short Squeezes” that has rocketed the prices of previously-troubled stocks like GameStop (GME) and AMC Entertainment Holdings (AMC) by thousands of percent over the past two weeks, creating massive losses for the over-exposed hedge funds — a number of whom now find themselves at risk of insolvency from the damage.
Famed researcher Jim Bianco joins us this week to break down exactly what’s going on here, which is a much bigger story than just the recent crazy price action. The Wall Street model is becoming disrupted by new technologies and an emerging collective ‘people power’ that threaten to strip the banking cartel of the unfair power it wields. And rather than lean into the change and evolve its model, the cartel is stubbornly resisting and instead trying to crush the agents of change.
We have seen this desperate denial from a dying regime many times throughout history, and it always ends the same.
by agitating-prop-2 
