Like, maybe some failson at a hedge fund will take the fall for this and get hired in the same position somewhere else within a month, but the people who are going to get hurt the most are the poor people who come in last minute, think they're making a safe bet with their meager savings during a fucking depression, and get burned big time
I mean there doesn't have to be a morally good or bad side involved here. All of us here know the cartoonish insanity of capitalism, but rarely does it result in something so bizarre and publicly. If anything this is a perfect example to radicalize people off of. How can anyone defend the stock market as a reasonable tool to organize our economy and lives around? But yeah, I mean I'm certainly enjoying watching as the high finance community embarrasses themselves in front of the whole world. Obviously there will be victims of this bubble, and not to excuse it (or take too much of an accelerationist take) but this shit happens all the time, just rarely so publicized. Save some articles and use it as a talking point.
I think it's def important as a talking point for highlighting contradictions, but the way a lot of people have been hyping it up and speaking about it being basically guaranteed money is really fucked up and shouldn't be encouraged or tolerated on this site imo