I was kind of joking, but I did see this recently which made me wonder if the institutional buyers/investors thing is a bit overhyped and coming to an end not that far into the future:
I know in the US, if we taxed 100% of all US billionaire wealth, dropping their and their companies' productivity to zero, you could fund the federal government for only like 7 months. You'd squander tons of production for comparatively little gain. The problem isn't that we don't tax the rich enough, the problem is that we waste money left and right.
There were some microtransaction services that sort of worked like this. I think one was called Flattr? I don't know how well they actually worked or what happened to them.
I think people use things like Reddit for anything because Reddit has a built in system of human curation. It's not just SEO engineered garbage fake websites like basically every search engine will yield now, or sites' internal searches pushing you to their top players instead of what you're actually searching for.
In fairness, I don't think Biden is some genius, either. Perception of his intelligence isn't helped by the fact that he apparently can't stop plagiarizing other people's speeches.
I think he thinks he'll lose, and he thinks a big loss is actually less believable to his supporters than a close loss, so he's trying to create a big loss, which will make more of his supporters Jan 6 2.0.
Most people don't want less oppression, they just want someone who will oppress the people they don't like instead of them. In fact, I think given the choices A) I get oppressed 2x but people I don't like get oppressed 3x where x is my current oppression, and B) everyone gets oppressed less, most people would choose A.
The article also mentions how storms are becoming increasingly deadly, which they're not, necessarily. It's so up and down year to year it's hard to pick out an actual trend.
All of Earth has always been a disaster zone. Do you realize how incredible it is that we don't all get eaten by lions every day like our ancestors did? Lol
The criticisms I hear from the American left about carbon taxes is that they don't work, not that they look like socialism. I think they probably would work, but what do I know.
We don't just allow construction in risky places, we subsidize it. If you're an owner or developer and you wanna put your own money at risk by building in risky places, you should be allowed to do that. Just don't expect me to pay for it through taxes and FEMA flood insurance.
Good. Subsidizing risky behavior, as we do with some kinds of disaster insurance, encourages risky behavior. Rising insurance costs are the market telling people to stop living in certain places. We'd do well to listen and stop living in places like Florida so much.
PolitiFact article about it
Pretty much a fact, with slightly fuzzy details.