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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Arthur Chu‏Verified account @arthur_affect 11 Feb 2020

      The *worst thing* about democracy is this thing people do where they vote based on peer pressure anticipating how everyone else will vote The irrational feedback loop this causes is responsible for at least 50% of the disastrous decisions made by voting

      10 replies 60 retweets 269 likes
      Show this thread
    2. Provider Ugtweets, Mammoth Hunter‏ @otorhinosaur 11 Feb 2020
      Replying to @arthur_affect

      Interestingly, we appear to be okay using an identical process as a tentpole to prop up major portions of our economy, i.e. the stock market

      1 reply 2 retweets 6 likes
    3. Jayna‏ @Tuplet 11 Feb 2020
      Replying to @otorhinosaur @arthur_affect

      I think people gain little a rationality when money is involved. Maybe

      1 reply 1 retweet 1 like
    4. Dr. Ellie Lockhart. Republic serial villain.‏ @BootlegGirl 12 Feb 2020
      Replying to @Tuplet @otorhinosaur @arthur_affect

      Not really. I'm saving up money from my part time job and investing in stable, low risk index funds, and growth has been stagnant for weeks or even slightly negative because of "the Coronavirus". No one can say how they think the NASDAQ is directly affected, they just panic

      4 replies 1 retweet 7 likes
    5. David‏ @atonal440 12 Feb 2020
      Replying to @BootlegGirl @Tuplet and

      There are real economic consequences to panic though; people slow their buying, go out less, etc. That's how things go in a recession, once people get scared they might lose their job they stop spending and that leads to more job losses, etc.

      2 replies 0 retweets 2 likes
    6. Jayna‏ @Tuplet 12 Feb 2020
      Replying to @atonal440 @BootlegGirl and

      The problem with the economy is that it is based on *employing* people to make money for billionaires who see opportunities dry up because of random market stuff even though there is always lots of *work to do* regardless.

      2 replies 0 retweets 1 like
    7. David‏ @atonal440 12 Feb 2020
      Replying to @Tuplet @BootlegGirl and

      Eh. This stuff is way bigger than a few billionaires, the decisionmaking is spread across tens of thousands of business owners. They are all encouraged to overproduce until that comes back to bite them though.

      2 replies 0 retweets 0 likes
      Arthur Chu‏Verified account @arthur_affect 12 Feb 2020
      Replying to @atonal440 @Tuplet and

      "Overproduction" and "waste" is one of the less convincing arguments against market economies imo A fairly consistent failure state of planned economies is trying to predict exactly how much of something is needed, guessing wrong, and ending up with shortage and famine

      7:51 PM - 12 Feb 2020
      • 1 Retweet
      • 6 Likes
      • Cesar Castañon Dr. Ellie Lockhart. Republic serial villain. Zoey 👻 Orman Jayna David
      1 reply 1 retweet 6 likes
        1. New conversation
        2. David‏ @atonal440 12 Feb 2020
          Replying to @arthur_affect @Tuplet and

          Right, overproduction and market correction is preferable to actual deprivation every time.

          0 replies 1 retweet 2 likes
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