This documentary is a must-see. It is hard to describe my feelings after watching the film.
The events surrounding GME opened my eyes and confirmed, that those practices are still ongoing. A flood of cheap money and lackluster regulation have created another monster like in 2008. It sounds unbelievable, that something so big could go on for such a long time, undetected by the public. But we can assume those practices made some heavy hitters a lot of money and they would protect their golden goose, until unlimited greed caused the GME disaster.
Michael Burry invested in GME before anyone else. And again he warns of the shady practices going on. But again the public is not aware of what is going on behind the curtain (GME just being the tip of the Iceberg). We can only hope it is not too late already to prevent the next major economic crash.
The events surrounding GME opened my eyes and confirmed, that those practices are still ongoing. A flood of cheap money and lackluster regulation have created another monster like in 2008. It sounds unbelievable, that something so big could go on for such a long time, undetected by the public. But we can assume those practices made some heavy hitters a lot of money and they would protect their golden goose, until unlimited greed caused the GME disaster.
Michael Burry invested in GME before anyone else. And again he warns of the shady practices going on. But again the public is not aware of what is going on behind the curtain (GME just being the tip of the Iceberg). We can only hope it is not too late already to prevent the next major economic crash.