I don't know how they intended to succeed when they literally became crypto-marxists. I understand the appeal of taking care of the little ones, but rejecting investment because capitalism is "evil" is so myopic.
It's sad to see them fail so miserably at this, like you, there's a few people I like who are there still. But, I would lie if I said I didn't see this coming.
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One even told me exchanges are evil and you should instead use WLS as in house area. It just ugh...