The best thing to come out of this is the narrative around it. But the reality of it is very different.
Based on historical precedent, I'm going to guess that the narrative will be co-opted to say "this shows how the people have power. the system works!" and consent will be manufactured as per usual. Nothing will fundamentally change, and people will continue to post about it on LateStageCapitalism and WhitePeopleTwitter for years to come, but no one outside reddit will remember or care.
A few hedge funds will crash, and a few more will make a lot of money at their expense (like the South Korean fund that cashed out today.)
A number of retail investors will be able to pay rent this month. A few wsb investor bros will never have to work again.
The best thing to come out of this is the narrative around it. But the reality of it is very different.
Based on historical precedent, I'm going to guess that the narrative will be co-opted to say "this shows how the people have power. the system works!" and consent will be manufactured as per usual. Nothing will fundamentally change, and people will continue to post about it on LateStageCapitalism and WhitePeopleTwitter for years to come, but no one outside reddit will remember or care.
A few hedge funds will crash, and a few more will make a lot of money at their expense (like the South Korean fund that cashed out today.)
A number of retail investors will be able to pay rent this month. A few wsb investor bros will never have to work again.