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How Reddit almost CRASHED the Economy with a meme.

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How Reddit almost CRASHED the Economy with a meme. – Latest News Today

The GameStop short squeeze has probably been one of the biggest events in recent Internet history, completely disrupting the status quo of the financial world of billionaire hedge funds. What happened with WallStreetBets, Reddit, Robinhood and the Stock Market will probably linger for years to come as a turning point in internet culture. Today we recap the events and talk about the larger implications, although there are most certainly many ramifications of this story that have yet to surface.

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SOURCES:

Interesting piece on how the stock market is being manipulated:
https://bit.ly/3kh4G39

On short selling, Tesla and Gamestop:
https://on.mktw.net/3qMwkaJ

Most heavily shorted stocks in January of 2021:
https://bit.ly/2ZJMS7q

Hedge funds losing billions of dollars:
https://bit.ly/2MkFIna

Robinhood capital infusion:
https://on.ft.com/3usvG4H

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CREDITS:

Andrei Terbea – Lead Animator

Stefan Popa – Assistant Animator
https://www.instagram.com/jtefe.ro/

Nicoleta Toader – Producer

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MUSIC:

Background track: “Delusional (Instrumental)” by Spring Gang
Outro song: Joakim Karud – “Loudness & Clarity”
http://youtube.com/joakimkarud

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#GameStop #Reddit #WallStreetBets

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48 Comments
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Robert Dunfee

48 Comments

  1. John Ashmore
    July 13, 2021 at 12:55 pm

    Great graphics bit that's not how shorting works.

  2. Angel Almanza
    July 13, 2021 at 12:55 pm

    Fun fact: stonks are used in the military as a and word for a artillery bombardment

  3. 𝙸 𝚊𝚖 𝚜𝚙𝚎𝚎𝚍
    July 13, 2021 at 12:55 pm

    I just got an ad for robinhood😂

  4. Jaedin4321 Echevarria
    July 13, 2021 at 12:55 pm

    When you where talking about Robin Hood I got a Robin Hood ad

  5. Benjamin Bousquet
    July 13, 2021 at 12:55 pm

    As soon as he was talking about Robin Hood I got an ad about it

  6. Jose
    July 13, 2021 at 12:55 pm

    Is it weird that robinhood (the app) came as a commercial while watching this?

  7. randomguyonyt
    July 13, 2021 at 12:55 pm

    I got a robinhood ad in the middle of this video

  8. Zhasurbek Umarov
    July 13, 2021 at 12:55 pm

    reddit: STONKS
    Economy: ⤵️⤵️⤵️

  9. Pudding Simon
    July 13, 2021 at 12:55 pm

    Funny is that a hedgefund guy who had Gamestonks wrote an opinion article about why people should sell and not buy gamestonks, never realy explaining why and at the end he mentioned that he is a hedgefund guy.

  10. Iordache Eduard Francisc
    July 13, 2021 at 12:55 pm

    esti un youtuber interesant

  11. Angel Natera
    July 13, 2021 at 12:55 pm

    Me: i would like to return this game

    Game stop employee gives the right amount of money
    Game stop: hey that's elligal

  12. Dat KuriBoi
    July 13, 2021 at 12:55 pm

    THEY had to be bailed out by the government Because they lost all their money to gambling and were getting dominated by the lower and middle class I have a feeling the government is being a biased dick

  13. AMANDA And KAYLA
    July 13, 2021 at 12:55 pm

    This feels like gambling on steriods kinda like kakegurui but irl

  14. samucapoty 1234
    July 13, 2021 at 12:55 pm

    I saw an ad of helping tiny companies. Conhencidense? (edit: Sorry for any english error)

  15. Pazzo Ragazzo
    July 13, 2021 at 12:55 pm

    Far from over

  16. ilham ilham
    July 13, 2021 at 12:55 pm

    Me ,who dont have any idea about stockmarket but sees pringles man at 2:28 and gets hungry

  17. Beeziate
    July 13, 2021 at 12:55 pm

    watched this guy for like 2 years, used to like him and i rewatched this video realising that content not just here but everywhere is kinda dry

  18. Endernites bros
    July 13, 2021 at 12:55 pm

    Litterly as I’m watching this I’m getting an add from robinhood

  19. Galaxy Something or other
    July 13, 2021 at 12:55 pm

    Lol i got an add for Robin Hood in this video

  20. Zerozone
    July 13, 2021 at 12:55 pm

    So this is what those people call "Reddit Moment."

  21. Goku_ videos
    July 13, 2021 at 12:55 pm

    Lol got a Robinhood add💀

  22. The ColaDealer
    July 13, 2021 at 12:55 pm

    My thoughts?

    Robinhood bad.
    Wallstreetbets good.

  23. movie nerd
    July 13, 2021 at 12:55 pm

    me watching this remembering elon musk tweet and the fall of bitcoin price

  24. jomsart
    July 13, 2021 at 12:55 pm

    yikes. robinhood is textbook anime betrayal.

  25. lugi
    July 13, 2021 at 12:55 pm

    The STONK market

  26. Bogart Torres
    July 13, 2021 at 12:55 pm

    Am I the only person who got a Robin hood ad

  27. An_Original_Name
    July 13, 2021 at 12:55 pm

    now i now why apes together strong

  28. daan
    July 13, 2021 at 12:55 pm

    This isn't even over yet, there was no short squeeze.

  29. GM M
    July 13, 2021 at 12:55 pm

    I am amazed that Reddit has not done this to the short sellers who are screwing fmcc and fnma.

  30. Olaf García
    July 13, 2021 at 12:55 pm

    This ain't finish

  31. Oncezek
    July 13, 2021 at 12:55 pm

    I had a robinhood ad…. lmao

  32. TRexIndominus
    July 13, 2021 at 12:55 pm

    All this makes me think of…. STONKS

  33. Alyssa Marie Cortez
    July 13, 2021 at 12:55 pm

    We're still working on it buddy

  34. -EJ- Strategist
    July 13, 2021 at 12:55 pm

    Now this is economy

  35. uZuMaKioBaRuTo
    July 13, 2021 at 12:55 pm

    Came for the drama stayed for the animation

  36. AmazonDrawz
    July 13, 2021 at 12:55 pm

    I think we forget that Reddit actually has influence

  37. Sovic91
    July 13, 2021 at 12:55 pm

    Oh, you are from Romania? We're neighbors. I'm just to the south of you in Bulgaria.

  38. Jason Black
    July 13, 2021 at 12:55 pm

    Rich people: pfft why don't poor people just buy into stocks, oh wait they're to lazy and stupid to do anything
    poor people: ok i'll do that
    rich:*loses money* no way not like that holy shit stop you'll ruin everything
    poor: awe that sucks
    rich: no wait stop please you'll ruin the stock market
    poor: ain't my problem

  39. theCreature
    July 13, 2021 at 12:55 pm

    4:08 I now just got a robinhood ad when this came up

  40. Your average person walking through a forest.
    July 13, 2021 at 12:55 pm

    Why do people hate vlad? If the market could crash because of my app I would do the same. Am I missing something or am I just stupid.

  41. Quartex Games
    July 13, 2021 at 12:55 pm

    Me, who doesn't know shit about banking:
    Interesting

  42. Stephen Davis
    July 13, 2021 at 12:55 pm

    There's a mr ballen story about Robin hood it made a mistake and that mistake made someone commit suicide

  43. random stuff
    July 13, 2021 at 12:55 pm

    The title is misleading, it was not Reddit but WSB a subreddit, and it was not the economy but Citadel Funds.

  44. iUsTiN41 GAMING
    July 13, 2021 at 12:55 pm

    Im both from Romania, și eu sunt din România

  45. terence gabriel
    July 13, 2021 at 12:55 pm

    Don't worry the big banks won't fail because they're not soppused to
    -Bill Wurtz

  46. Liam McCartney
    July 13, 2021 at 12:55 pm

    It's like the ultimate uno reverse

  47. Kapeel Manek
    July 13, 2021 at 12:55 pm

    Well said.

  48. ObnoxiousCat
    July 13, 2021 at 12:55 pm

    2000 turned into 60000 for those who went for the opportunity.