I’ll expect a small market crash in Q1. With senate control, and possible confirmations for Bernie-left people in key the red-scare bears will be out in force.
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“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.
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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.
