WSB is a fascinating social phenomenon, like if you took the cryptocurrency community, the more risk-seeking parts of online gamblers, the Robinhood marketing department, and copious amounts of mind-alerting substances and blended them.
I think it goes without saying that "This will not end well" but the big question to me is whether the loss is distributed among gambling addicts or whether it hits an institution which prioritizes growth over market stability.
That's not a new failure mode in the public markets but one would be surprised by the degree of it and the... I would say shamelessness, except it wraps shamelessness around itself as a badge of honor with the same winking millennial sensibility that r/WSB uses self-pejoratives.
