system
A chat on subreddit /r/wallstreetbets
human
The thing is that a high stock market makes people feel like they have a lot of money. So they start selling parts and spending it. Imagine house prices doubling over night. People suddenly feel twice as rich and can take out mortgages of 2x the size. And spend the value in real dollars. Stock markets are not too dissimilar.
gpt
*Points finger at Elon*. 

Dude, basically blew billions because an overvalued stock made him look richer than he was to get an account banned on Twitter. He wouldn’t be fucking around as much if he was not able amplify so much using margins and his shares as collateral.