Keywords: Gamestop

  • ECONOMICS

    GameStopping the system

    • David James
    • 09 February 2021
    5 Comments

    The controversy over the shares of US video game company GameStop has again exposed what has long been obvious: there is something seriously rotten in the state of the world’s financial markets. It was a battle between a hedge fund, Melvin Capital, which manages $US13 billion, and a small group of ‘amateur’ investors who communicated with each other on a Reddit forum called WallStreetBets.

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