Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world.

The breakdown is sponsored by nexo.io and produced and distributed by coin desk what's going on guys it is

sunday february seventh and that means it's time for long reads sunday and boy oh boy do we have a

fiery one for you today today's selection is going to be hunger games by Ben Hunt published this week on his website

Epsilon Theory. Ben has obviously been a frequent guest on the show, and I think his perspective

on the whole GameStop movement is interesting. It's a little bit different than mine in the

sense that where his frustration has located itself

is less about the betrayal of the traditional financial system because, of course, they were

always going to betray, because what did we expect was possible?

His frustration is less about some perceived betrayal on the part of Robin Hood or any other aspect of the financial system,

and more of frustration with the promoters, the billionaire tweeters, who were egging the GameStop community along,

saying they should go try to fight the system when inevitably and always that system was going

to eat them alive. I think rather than say any more right now, I'm going to read the piece

and let you make up your minds for yourself. You have been told that investing in the stock

market is like betting on a sports game. You have been told that you are a spectator in the

game of markets, and that you

are watching a game being played out in front of you by lots of different companies. You've

been told that you should make bets on those companies based on how well you think those

companies can play the game that you are watching. The companies will play the game, and they

will keep score by beating or missing on revenues and earnings and the like, and

then that score will determine whether or not your bets pay off.

...