- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk’s X. Experts say the episode highlights the social media site’s enduring relevance, even as it helps amplify falsehoods.
How did it happen?
Yeah. Money is not lost in finance markets, it is redistributed. Reading any of this as random and/or unintentional is beyond naive.
IDK, it wouldn’t be the first time a news org published some random shit as fact because they’re too eager to be the first to report on something.
https://www.sfgate.com/bayarea/matier-ross/article/KTVU-producers-fired-over-Asiana-pilots-fake-4685627.php
Redistributed up.
I prefer “siphoned”