MacroDoomScroll

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[MacroDoomScroll @MacroDoomScroll]

@feelsdesperate More or less

[MacroDoomScroll @MacroDoomScroll]

@actingliketommy I don’t think that’s what it is. You may be describing the welfare state - but that depends on capitalism.

[MacroDoomScroll @MacroDoomScroll]

I don’t think there is. Communism seeks control through violent revolution; socialism through the ballot box. Both seek to have government control of the means of production - though I will grant you there are perhaps many different “socialisms” floating around right now - and they exist on a spectrum that is more or less hostile to free markets depending on the industry. But ultimately they all share ten e opinion that government control is preferable to private control.

[MacroDoomScroll @MacroDoomScroll]

I don’t like these “right to exist” questions. As many have said before, no country has the “right” to exist. Countries have the power to exist. If they lack the power they cease existing. Right now, Israel clearly has the power to exist and Palestine does not. The talk of rights muddles the reality. If your rights depend on someone else’s power then in truth you have no rights.

[MacroDoomScroll @MacroDoomScroll]

@Sublux8tor @clintoptions Of course it’s an opinion, this is X! AI stocks are also narrative stocks right now. It doesn’t mean they aren’t innovative or won’t change the world. But what is your opinion on why $TSLA dropped since you don’t like mine?

[MacroDoomScroll @MacroDoomScroll]

@herosnvrdie69 Interesting definition of working class.

[MacroDoomScroll @MacroDoomScroll]

@jonbrooks Prices will adjust. They always do

[MacroDoomScroll @MacroDoomScroll]

My favorite take on why oil never spiked to $200 and will return to the $65-$70 channel is because functionally there is unlimited oil and every oil producer lies about supply. If true, it explains nearly everything about the relatively unimpressive price action throughout the entire war. Heard on some episode of @MacroVoices. I love how the trade of the century appeared and then just fizzled… It’s like the more you know about something the less certain you can be about it.

[MacroDoomScroll @MacroDoomScroll]

Almost everything stated above is very nearly the opposite, though I’d agree there is a tendency in capitalism to make rich richer especially if they continue to invest their wealth. However, capitalism creates wealth and abundance. You don’t have to go full commie to believe in the welfare state or provide social services or redistribute some of the wealth created at the top to those closer to the bottom of the economic ladder. But the solution to poverty and scarcity is not to kill the golden goose. It’s to make more golden geese.

[MacroDoomScroll @MacroDoomScroll]

@AffordAnything Abolishing landlords is not a political position that comes from reason. It is a political demand that comes from anger because they cannot live like children. Socialism is the deep desire to call government Daddy.

[MacroDoomScroll @MacroDoomScroll]

@iam_biglad1 Human nature? I don’t know. The creation of wealth and innovative products and services? Yes

[MacroDoomScroll @MacroDoomScroll]

I was speaking particularly about the regulation of prices - not the regulation of economic activity out of other concerns (for example, making drugs, prostitution, gambling illegal, or setting rules and standards for markets). I don’t think government regulation of prices has a lot of success. Do you not see government intervention in markets for the purposes of price control as inherently problematic and self defeating? For example, I’d say rent control is pretty much well known to be a failure - it simply transfers benefits to current renters from everyone else but those benefits degrade over time as the buildings do and the costs are very real to landlords and those looking for places to rent.

[MacroDoomScroll @MacroDoomScroll]

I do not think that is particularly surprising given the party obsessed over identity and assumes all politics flows from such identity. The question is, could a Jewish candidate whose position is “Gaza is a genocide” win or would that candidate’s Jewishness undercut the political position? I think the politics would prevail - see Bernie Sanders - but I also agree that being Jewish without having a clear pro Gaza/ anti Israel politics will make it impossible to gain traction - unless everyone else is in the pro Gaza camp , in which case perhaps a small “contrarian lane” opens.

[MacroDoomScroll @MacroDoomScroll]

@KalshiPolitics These are good odds . She has the wind to her back.👇

[MacroDoomScroll @MacroDoomScroll]

https://t.co/iy7QIDgptX

[MacroDoomScroll @MacroDoomScroll]

@GeorgeGammon Clearing the way for socialism. Trumpism and socialism nearly meet at the open end of rhetoric horseshoe. One is nationalizing for “national security” ; the other will nationalize for “fairness”.

[MacroDoomScroll @MacroDoomScroll]

@nickgillespie Yes it is

[MacroDoomScroll @MacroDoomScroll]

Exactly. It’s not a slam on the stock but that valuation is based on a story about the future - not past earnings. Obviously $TSLA has a compelling story. Is it 35x more compelling than $TM? Apparently. The valuation is not the valuation of a car company but of robotics and applied AI with a giant data set.

[MacroDoomScroll @MacroDoomScroll]

It’s not really a wager. It’s just $TSLA is a narrative stock right now. Like $PLTR. It doesn’t mean it can’t go up. It can. But the dramatic swings tend to be amplified because the price is not based on earnings. It’s based on a story. But I am not anti Tesla - I think it’s great company. Not sure it’s a great investment at this point in time though.

[MacroDoomScroll @MacroDoomScroll]

@Cryptotea Interesting distinction. Feels “truish.” I would definitely consider myself a holder rather than a bitcoiner. Like the distinction between someone who holds gold versus a goldbug. Probably a healthy development and sign of a mature market.

[MacroDoomScroll @MacroDoomScroll]

With respect, that’s not a woke agenda. That’s the agenda of change and the anti-corruption efforts will be a wildly popular freebie that is not particularly ideological. The right (and mainstream Ds) would be wise to pick up the anti corruption plank. Affordability is a great plank to run on but Marxists are incapable of delivering it because their solution to everything will be price controls and government subsidies which will just make it all worse (see medical and education ).