TL;DR

Average Americans, fueled by patriotism, poured their savings into overpriced stocks, while Wall Street quietly exited, setting the stage for another 2008-style crash. The irony? The ‘patriotic’ investment is likely to bankrupt the very people it was meant to empower.

Story

John, a hardworking American, poured his life savings into Tesla, believing in the patriotic hype. He wasn’t alone. Countless others, struggling to make ends meet, jumped on the bandwagon, their rent money riding on meme stocks. But behind the scenes, a different story unfolded. Wall Street, sensing the naive optimism, quietly cashed out. Like vultures circling a carcass, they knew the inevitable crash would leave average Americans holding the bag. This isn’t new. Remember 2008? The housing bubble burst, wiping out trillions. Same story, different asset. The mechanics are simple: create hype, inflate prices, then bail before the music stops. The impact? Devastating. John lost everything. He’s not a statistic; he’s a victim of a rigged system. This isn’t about politics; it’s about greed. ‣ Meme Stocks: Stocks popularized online, often detached from actual value. ‣ BofA: Bank of America, a major financial institution. ‣ MM: Money Manager, a professional investor. ‣ JPow: Jerome Powell, Chairman of the Federal Reserve. ‣ Stagflation: Slow economic growth combined with high inflation. ‣ Volcker’s Hammer: Paul Volcker’s policy of raising interest rates to combat inflation in the late 1970s, causing a recession but ultimately stabilizing the economy. ‣ Tariffs: Taxes on imported goods, used as a trade tool.

Advice

If everyone is telling you to buy, it’s probably time to sell. Don’t let blind patriotism drain your bank account. Research before you invest. If something sounds too good to be true, it is.

Source

https://www.reddit.com/r/wallstreetbets/comments/1jfwuvf/its_time_to_call_bullshit/