In my life, I have never once seen Mr. Market drunker than he is now. - Coronavirus - Specter of Bernie Sanders as president - Valuations at all time highs Maybe everyone sees all this and are getting into equities for when our governments restart the printing presses.
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They mostly think the govt will chop others paycheck in half not theirs.
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What sanders calls socialism is tax a few rich people. What socialism meant before (mostly in europe) is we should all pay higher taxes / abolish private property altogether. I think this is a key diff and explains parts of the appeal. Redistribution vs common ownership.
End of conversation
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