What isn't true? The first set of panels references real events but doesn't always happen so let's say it's wrong for the sake of argument. The second part is capital gains tax, which is obviously real and the third is inflation, again obviously real. So this comic is actually 2/3rds true at worst.
I don't know if comics/memes are supposed to be posted in finance though.
The real story here is the markets are no longer a vehicle for class mobility or income growth if you are poor or lower-middle class, even supposing you make the right moves.
Hypothetically, in a functioning, non-manipulated market, even a pittance invested properly by some broke sonofabitch, should see some modest yield. But thats not the case any more.
And GME merely existed to highlight this very phenomenon. That making the correct moves, as people are constantly exorciated for "failing to invest smartly", as in "like the big guys do", is shown to be a farce on the larger scale.
Why?
Because the minute the bluff is called, we get to see what the market is actually about:
Gatekeeping the 'poors' from the very game that wallstreets corporate-welfare socialists rigged to benefit themselves while robbing mainstreet.
When fundamental analysis still had merit, I'd have agreed it was tard tier. Now that prices are almost entirely dependent upon central bank shennanigans, not so much.
(post is archived)