The title of this article refers to the recent phenomenon of GameStop shares being traded for absurdly high prices due to a coordinated effort by small investors.
This event has been compared to Trumpism, in that it represents a rejection of traditional financial wisdom by outsiders who are willing to take risks.
What does this all mean
On the one hand, it could be seen as a positive sign that people are willing to invest in something other than the traditional stock market. This could lead to more money flowing into alternative investments, which could ultimately benefit the economy.
On the other hand, it could also be seen as a sign of irrational exuberance and could lead to a bubble that eventually pops. Only time will tell what the long-term effects of this event will be. In the meantime, it is certainly something worth keeping an eye on.
What is Trumpism
Trumpism is a political ideology that is based on the belief that America should be run like a business. This includes lowering taxes, cutting regulations, and pursuing an aggressive foreign policy.
Trump supporters also tend to have a populist streak, which is evident in their disdain for establishment politicians and institutions.
The connection between GameStop and Trumpism
Both GameStop and Trumpism represent a rejection of traditional wisdom by those who are seen as outsiders. In both cases, there is a belief that the system is rigged against regular people and that only by taking risks can they hope to succeed.
Whether or not this is true remains to be seen. However, what is certain is that both GameStop and Trumpism have shaken up the status quo and are likely to continue to do so in the future.
how trumpism explains the gamestop
The recent phenomenon of GameStop shares being traded for absurdly high prices due to a coordinated effort by small investors has been compared to Trumpism, in that it represents a rejection of traditional financial wisdom by outsiders who are willing to take risks.
Trump supporters tend to have a populist streak, which is evident in their disdain for establishment politicians and institutions. In the case of GameStop, small investors are taking on establishment Wall Street firms. Both GameStop and Trumpism represent a rejection of traditional wisdom by those who are seen as outsiders. In both cases, there is a belief that the system is rigged against regular people and that only by taking risks can they hope to succeed.
What gamers can do to support GameStop
Gamers can support GameStop by continuing to shop there for their gaming needs. They can also spread the word about the store to other gamers and encourage them to do the same. In addition, gamers can share their positive experiences with GameStop on social media to help counter negative press.
It is important to remember that GameStop is a business and, as such, its ultimate goal is to make money. However, if gamers can continue to support the store, it will be better positioned to withstand attacks from short-sellers and continue serving the gaming community.
