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Posts
7
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843
Joined
1 yr. ago

  • In some ways perhaps culture and tradition do stand in the way of progress, but it's not that clear cut.

    In Australia the majority of migrants are from South East Asia, which are much more conservative politically than Australia.

    For example, more migration is not going to further transgender rights.

    I have a feeling that this might be true of a lot of places, just because of the nature of migration.

  • My take:

    Americans are either republican or democrat.

    If you're a republican then you're going to vote for your guy. They see everything he does as just bullshit and bluster. "He says things to rile up the lefties but that's just his brand." They see the legal issues as politically motivated, or "maybe he's a bit dirty, but all politicians are".

    I think it really is that simple. The vast majority of the population is not making a decision of whom to vote for based on their research regarding each party's policies. They will just always vote the way they've always voted.

  • What’s so valuable about it?

    Nothing.

    It's a very unusual situation.

    It's basically a proxy for a bet on whether Trump will get a second term. That's why it took a dump after the debate didn't go well.

    Supporters want to say they have some TMTG shares, and are happy to pay absurd prices for shares without reference to the actual value.

  • Because in many cases the risks are much more manageable than the risks associated with any meaningful alternatives.

    Nuclear power isn't good nor bad, it's one of many options, each of which may be suitable in a given circumstance.

  • Investors have instead treated the stock as a proxy for the market’s bet for a second Trump administration

    Exactly.

    That said, only an idiot would hold any at present. Guaranteed those shares will be worth less after the 20th than they are now.