This will likely be a good thing. The market is too important to be left to market fundamentalists. They’re now almost the main threat to healthy markets. They are to the economy as creationists are to biology. Blind faith getting in the way of inquiry.
-
-
Show this thread
-
I think free marketers are in denial about how much economic damage Covid has done and how much state-driven repair will be needed. And how unwilling people are to give Wall Street yet another get out of jail free card. Public will correctly demand a public stake in any bailout.
Show this thread -
“Socialism” has become such a catch-all provocation for a broad and peculiar sort of American moral panic, I’m actually kinda curious to see how the pragmatic horse-trading between AOC/Bernie crowd and center actually works out. Everybody is expecting gulags and holodomors.
Show this thread -
It is vastly overblown Galtian panic. I think there’s barely even appetite for a tenth of great society type ideas. We’re all Reaganites now. It’ll be good to get the supposedly “socialist” idea space converted from abstract demons to specific proposals.
Show this thread
End of conversation
New conversation -
-
-
which bernie left people are going to be in key positions? None of the big 4 (Treasury/AG/State/Def), nor commerce, nor CEA is set to be a Bernie person. nor is Tanden at OMB
-
Dunno, but with “can’t get through Senate” out as a key objection they’ll demand their pound of flesh. They already flexed weakening Pelosi’s majority.
- Show replies
New conversation -
-
-
Buy some options to lock that trade in :D
-
I’m not smart enough to figure that out
- Show replies
New conversation -
-
-
Could it also be a coordinated profit booking?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.