There is an unmistakable trend in America on both the left and the right- and that’s the rise of populism. Forces like Occupy Wall St and the Tea Party have fueled the movement from opposite ends of the political spectrum. Mix these movements with technology like cryptocurrency and trading apps and you can see how the events on Wall St. this week were inevitable.
Today on the podcast we’ll talk about the rise of populism and how populists on opposite ends of the political divide have more in common than you may think. Can we trace the origins of these movements back to earlier administrations? We’ll dig in and offer some of our thoughts and trace a path from Clinton through Bush, to Obama and Trump – and arrive at GameStop stock – where retail investors saw a big opportunity not only to make money but to make Goliath fall. Is it a good thing? Who wins and what happened?