View full thread1. It’s a recession indicator. Doesn’t make sense to hold fake money when you don’t have enough real money to live
2. indicator of a broader Big Tech/AI bubble bursting and institutional investors shifting money away from tech/crypto/AI. It’s no coincidence that gold/silver are way up right now.
3. (gestures arms wildly):
View full threadMy genuine empirical argument for this is that Dems have run 3 prez elections on moderate, normal, competent, boring candidates & platforms, and are 1-2 against an illiterate tv star fascist who rapes girls and poops his pants. The GOP’s North Star is the eye of Mordor, but at least it’s something!
I think more left wing people such as myself believe that the best path to winning is by following a North Star, even when you’re facing into the headwinds of current events and demographic shifts.
Chasing the whims of the median voter is often fool’s gold, and you’re at the mercy of ever changing variables: unemployment rates, foreign conflicts, scandals etc.
A firm principle of “we will stand by human rights and the welfare of working class people” will play in any weather, rain or shine.
The old Deontology/Utilitarian debate. You need both to succeed in politics. Good politicians follow the wishes of their constituents, but great politicians convince their constituents to follow them.