The retail trader insurgency has massive implications for the future of capital markets. This episode is sponsored by Nexo.io.This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at:The historical context of how the Great Financial Crisis set the stage for WallStreetBetsHow WSB gained infamy during the COVID-19 crisis by correctly predicting the market’s rebound while other investors remained bearish Why WSB started going after short-sellers, particularly around GameStop (GME)How WSB forced a short squeeze that required Melvin Capital to call in nearly $3B of emergency capital Why Robinhood forcing users to stop buying GameStop and other related assets will go down as an inflection point in the history of capital markets-Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.-Image credit: Spencer Platt/Getty Images News and WallStreetBets SubredditSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.