Americano: Has wallstreetbets changed the stock market forever?
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The Spectator
4.3 • 827 Ratings
🗓️ 29 January 2021
⏱️ 27 minutes
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| 0:00.0 | Hello and welcome to the Americano podcast, a series of discussions about American politics and now the Joe Biden presidency. |
| 0:15.0 | We will be looking at how a 78-year-old president will change America, and we'll be asking if normalcy, |
| 0:24.2 | which is what he promised to bring, has returned to American politics. |
| 0:28.6 | The answer, of course, is no. |
| 0:31.3 | I'm joined today by Joe Wisenthal, who is co-host of the Odd Lots podcast and What Do You Miss on Bloomberg TV? |
| 0:40.7 | And he's also an editor and a wonderful tweeter, if anyone wants to follow him at the stalwart is the handle. |
| 0:47.9 | And we're going to be talking about, it seems, the only story of this week, |
| 0:51.6 | the only thing that anyone's talking about, which is GameStop and the |
| 0:54.8 | Wall Street Bet's revolution. Now, Joe, I think, I imagine some of our listeners are as financially |
| 1:01.0 | illiterate as I am. So could you just give us a summary of the story and what you think, |
| 1:07.5 | perhaps a lot of the media are missing about the story. Sure. |
| 1:11.0 | I mean, there's a lot of different angles to the story. |
| 1:13.6 | Thanks for having me on, by the way. |
| 1:14.8 | Very excited. |
| 1:15.4 | Pleasure. |
| 1:16.0 | You know, I think it starts with GameStop. |
| 1:19.2 | Everyone figures is going to be like the Blockbuster video that eventually went out of business. |
| 1:25.3 | And everyone figures, okay, here's this retail store. |
| 1:28.7 | It's in a lot of strip malls. |
| 1:30.5 | They sell physical video discs. |
| 1:32.2 | It's only a matter of time before they go out of business. |
| 1:34.6 | Consent is beyond Wall Street. |
... |
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