Their economist incentives are crazy backwards, and they're going to continue to bleed residents and industry.
If the film industry decides to relocate, they may never recover.
This is a well-known trick of writers though. You put something down that sucks, and it basically makes your brain think about it while you're not doing anything. Harlan Ellison talks about this too. It's why so many Simpsons episodes are parodies of films; you take the basic plot outline to a film, change up as much as you can to make it funny, and then fill in the rest.
I'm curious if the HFs that shorted Gamestop, are also profiting off of the wild swings by Redditors who have now lost hundreds of thousands of dollars. They could easily swing-trade this stock all the way down, using massive buy/sell orders to drive the price.
If Melvin Capital isn't bankrupt after all of this, there might just be A LOT of broke redditors who cashed in their lifesavings on this gamble.
I've been to these cities before, so while I think the month-long stay is a good idea, I'm not sure if I need to do that. I work from home, so even if I moved to Miami for a year and didn't like it, it's not like a huge setback, I can move somewhere else next year.
I think it's more about finding the right people to network and be friends with (people with similar interests, other angel investors, etc.), regardless of city, and I think that's easier in larger cities. For example, I'm hesitant about Denver or Austin because of all the Leftists politics, which is why Houston/Miami is more appealing.
If you're struggling to pay for basic necessities, then you need to examine your spending habits and cut out unnecessary things in order to increase your savings rate.
After a base-level is established, you can have more "freedom" to either spend it on luxuries, or invest.
I personally am able to save/invest about 60-70% of my income/month, and I have about a 10% buffer each month available for "extras/fun/emergencies". If I have an expensive month (for example, December, which included a lot of travel and gift buying), then I just temper January's spending so that I can save more that month.