Reporting on this story, it is clear that the 2008 financial crisis — no one going to jail for breaking the global economy, the rich getting richer — has been the defining event in shaping young people's cynicism about the financial world
The tone on WSB has dramatically evolved over the last week.
It was always about making money (which is still true) but now there is this sense of moral righteousness, that holding on to GME is revenge for 2008
We don’t know who the posters on WSB making Braveheart memes about holding $GME are, and we definitely do not know what their actual financial positions are.
This week has made a lot of WSBers rich, but the site didn’t start this week, and many people have gotten wrecked trying to chase the crazy gains that make it to r/all
Omar is a young guy, who’s the children of immigrant working class parents. He stumbled onto WSB after seeing it on Reddit, and got into a early whole selling options. Then he bet his student loans.