Formerly u/CanadaPlus101 on Reddit.

  • 7 Posts
  • 951 Comments
Joined 2 years ago
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Cake day: June 12th, 2023

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  • Wealth is a continuum; there’s no actual dividing line, like is commonly thought. But just personally, the posher people I know are less bearish, and it looks like the trend continues once you get even higher. Big fund managers tend to be in the picture. I don’t know off the top of my head how much movement is professionals and how much is retail investors.

    I feel the need to disclose that I’m personally short on the US, relative to other markets.

    Edit: And I should also mention the myth of meritocracy has a wide following, it’s just extra favoured by the people who would be implied to have merit by it. And there’s the fact that most people came up in a time where this sort of thing never happened, so there’s normalcy bias on top of it all.









  • I mean, there was never a question of if I’d prefer Trump-lite, regardless of how lite exactly. Thanks for giving the TL;DR, though!

    In his debates and speeches he’s seemed neither like a pushover nor overconfident. His record makes it clear he’s not stupid. Some of his policy ideas are creative and interesting. I have no further negative information, and the worst his opponents can find is that he’s been involved with for-profit businesses that weren’t even particularly ruthless. I don’t know what he’s like away from the cameras, but that’s par for the course in politics until it leaks out.



  • He was governor of the BoE during Brexit… There really isn’t much you can do as a governor of the national bank in such stupidity.

    It’s kind of interesting he hasn’t paid for that in any way, as far as I can tell. In a different election you might see people painting him as a supporter or at least an enabler of it.