Paul Krugman's avatar

Paul Krugman

@pkrugman.bsky.social

I’ve been in a meeting with a number of men (and a handful of women) in suits, and while there has been intelligent discussion, my main impression is that Very Serious People are irrationally complacent about the consequences — economic and political — if Trump wins.

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ᴅᴏᴡɴ10⸻'s avatar ᴅᴏᴡɴ10⸻ @down10.bsky.social
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Because they won’t be harmed by a new Trump administration. Their safety and existence is not on the line.

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Cwnidog 🍉🇵🇸's avatar Cwnidog 🍉🇵🇸 @cwnidog.bsky.social
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Any complacency at all is irrational. The monied may think that they’ll be able to ride him out, but he’ll deviur them first.

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(((Eddie)))'s avatar (((Eddie))) @abracadocious.bsky.social
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Point to Brexit, and the number that Brexit pulled on the UK and EU economies. Point to how Trump loves tariffs and trade wars.

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Paul Topping's avatar Paul Topping @paultopping.bsky.social
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People who don't follow politics closely are often taken in by the "both sides" view that it is all partisan bickering. It's just the polarization and, like weather, it's particularly bad this year. If you tell them one side is driving it, well, you would say that, wouldn't you?

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Dave's not here, man!'s avatar Dave's not here, man! @davewithturbos.bsky.social
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I feel the same about very intelligent friends and coworkers that believe the 2020 election was stolen. They literally deny proof of the deception. "They admitted they lied but you think they didn't?"

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's avatar @jakemadtown.bsky.social
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They think that since they're part of The Club (where you never face real consequences no matter how bad you are at your job), they'll be able to slide by in a fascist America. And they have no clue, just like how they have no clue about a lot of things.

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David Majors 's avatar David Majors @deltajulietmike.bsky.social
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"What, Me Worry?" That's literally the answer, Paul. That's it. That's who they are.

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Howard Lee's avatar Howard Lee @hlee.bsky.social
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Americans who have been here a generation or two have no real concept of what it is like to live in an autocracy/kleptocracy. Those of us who have experienced those feel like we're frantically banging on a window, screaming for them to wake up, but unnoticed by those inside.

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Staid Winnow's avatar Staid Winnow @staidwinnow.bsky.social
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Makes sense, as long as they have donations to fork over, they'll be fine. It's not as if they'll be excluded from a tax cut.

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Richard H. Serlin's avatar Richard H. Serlin @richardhserlin.bsky.social
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There does seem to be a very strong status quo bias to being a VSP, like if you're VS, then you don't think there will be any revolutionary or fundamental change, and as a VSP evidence is irrelevant.

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's avatar @dneuschulz.bsky.social
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What a coincidence. All the Very Seriously People I talk to assert that I am irrationally UNcomplacent about that very same possibility.

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Michael Tae Sweeney's avatar Michael Tae Sweeney @mtsw.bsky.social
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right now Trump's implicit pitch to much of the business community is "if I win I will destroy fed independence and force them to lower interest rates and if Biden wins he will respect it and rates will remain high" and honestly it's not even wrong if all you care about is making money

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Steph Scythes's avatar Steph Scythes @stephscythes.bsky.social
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🤔🔥🇺🇸🔥Is #Biden v. #Trump the 2024 version of #Carter v. #Reagan 1980 only with accelerated catastrophic consequences?

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's avatar @retiredandlovingit.bsky.social
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Well the mainstream news certainly seems complacent about the whole thing.

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Nobody Ever's avatar Nobody Ever @frambley1.bsky.social
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Leopards, faces, etc, etc.

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Eulogy 's avatar Eulogy @eulogy.bsky.social
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Cause they're rich! Surely the leopards won't eat their faces?!

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John James!'s avatar John James! @bakerjohnj.bsky.social
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What is missing is a discussion about the promise of global online democracy

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Rev. Magdalen's avatar Rev. Magdalen @revmagdalen.bsky.social
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I blame Nancy Pelosi and I want history to also blame her. She is the person who was in charge of oversight over Trump during his presidency and SHE set the tone of "He's just not worth it" and "There's a school of thought that impeachment could create double jeopardy!" When there is no such thing.

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Andi's avatar Andi @andil.bsky.social
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You should meet the solar salesman I met yesterday. He think Trump walks on water.

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's avatar @roslynn.bsky.social
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They are so pro Orban. Has anyone examined Hungary’s economy?

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Faine Greenwood's avatar Faine Greenwood @faineg.bsky.social
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It truly terrifies me. Way too many people in power seem to lack the imagination needed to grasp the danger.

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Jojo's avatar Jojo @jojowiththeflow.bsky.social
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I'm so scared for the future

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's avatar @leonceg.bsky.social
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I would suggest ‘rationally complacent.’ Nothing Trump and his minions do will harm them. They will have more money and power. It’s a win win for them. I fear it’s a mistake to underestimate the selfishness, greed, and narcissism at work with these folks.

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's avatar @jimh49.bsky.social
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The supporters of the Rational Expectations theory are themselves, irrational.

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Macdoug's avatar Macdoug @macdoug.com
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They don’t get paid to have imaginations

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Mike Wilson's avatar Mike Wilson @mkwilson27.bsky.social
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Like the wealthy Germans of the 1930s…

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Hayward Zwerling's avatar Hayward Zwerling @hzwerling.bsky.social
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1945: the #GreatestGeneration saved us from #Nazi
1987: Cold War ended w/ Pres Reagan’s “Mr. Gorbachev, tear down this wall!"
Today: @realdonaldtrump, #MAGA, & #GOP promote #Nazi, #Putin, #facism, ending #democracy, demonize science.
Fascism is Coming to the U.S.A.
www.ihaveanidea.us/fascism/

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's avatar @dmgerstein.bsky.social
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Chances are it is the result of an intuitive calculation that there will be few consequences they could not themselves circumvent with their assets. As for the basic people and the less than serious people….not their concern.

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Riverdaleboy's avatar Riverdaleboy @riverdaleboy.bsky.social
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Fascist putsch as externality.

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Mighty Apollo's avatar Mighty Apollo @mightyapollo.bsky.social
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A nice reminder that titans of business are often short sighted f***wits.

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Mo's avatar Mo @moinqueens.bsky.social
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they can't imagine an America that they're not members of the elite, they don't believe it can happen here. they are dead wrong - everyone has a target on their back in a dictatorship

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Sock Puppet Pundit's avatar Sock Puppet Pundit @sockpuppetpundit.bsky.social
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“Let them eat cake.”

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En Buen Ora's avatar En Buen Ora @enbuenora.bsky.social
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such types do like the idea of getting rid of functional democracy, but they are stunningly naive and wrong in thinking that the harms they know will happen under a Trumpist regime will only happen to the peasants they don't care about

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Marcus Lupo's avatar Marcus Lupo @acropoet.bsky.social
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VSP never inspire, do they?

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Dawn Xiana Moon's avatar Dawn Xiana Moon @dawnxianamoon.bsky.social
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Let me guess: They're white.

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OK Doomer ☮️🏳️‍🌈🤷‍♂️🙈🙉🙊🔮's avatar OK Doomer ☮️🏳️‍🌈🤷‍♂️🙈🙉🙊🔮 @manqueman.bsky.social
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It's not like they've been hurt by anything the Republicans have done since they pushed the nation rightward and they'll benefit under Trump. Fact is that the majority of public and private leaders are OK with fascism and an anti-democratic authoritarianism. Always are.

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October Bird's avatar October Bird @octoberbird.bsky.social
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Which Newspaper do you work for again? Was it a non-important one?

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E. Allyn (aka Norton II, Emperor of the United States)'s avatar E. Allyn (aka Norton II, Emperor of the United States) @ericallyn.bsky.social
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"Democrats are exaggerating." "It's just the way Trump campaigns. He doesn't really mean most of that stuff." "Other people will keep him under control." But most of all: "It can't happen here."

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's avatar @rheumecraig.bsky.social
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This is unsurprising if you read accounts of Hitlers rise to power in Germany, abetted by “savvy” actors who assumed they could control him.

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's avatar @gwchilly.bsky.social
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The time to make these people uncomfortable to their face is now. Dominate and direct the conversation, put your Nobel on the table. I’ve seen this American elite detachment from the outside. We can’t penetrate it. People like you can. If we can assist elite truth-tellers like yourself, let us know.

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dutchtreat's avatar dutchtreat @dutchtreat.bsky.social
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There may be physical consequences as well

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Dan Fejes's avatar Dan Fejes @df1.bsky.social
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Consequences *for them.*

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Regnad Kcin's avatar Regnad Kcin @dmax801.bsky.social
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I wouldn’t be surprised if the complacency doesn’t include a bit of “yes, burn it to the ground. Show the people remaining that it was a mistake.” A very long view, accepting some collapse, a la Hari Seldon.

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I'm All Write 🍻's avatar I'm All Write 🍻 @imallwrite.bsky.social
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Any thoughts on why? Is it that Trump serves their interests? Is it that they don't believe that the consequences will be what you foresee them to be? Is it that these Very Serious People are rich enough to afford shielding and options regardless of who is elected president?

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Peter Sketch's avatar Peter Sketch @petersketch.bsky.social
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A couple of the big US engineering firms seem to be spinning off the bits of their operations that specialise in US Federal work into stand-alone companies. I'd been assuming the timing was just a coincidence, but now you come to mention it maybe they've just thought further ahead.

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Raven Onthill's avatar Raven Onthill @ravenonthill.bsky.social
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Like the German conservatives and the Nazis. 🎶 They still believe that they can hold the reins / But then they've got no sense of history.

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Adam's avatar Adam @papazit.bsky.social
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i can't stop laughing at 'in suits' no idea why

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Sid Oozeley's avatar Sid Oozeley @oozeley.bsky.social
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well yeah, it won't impact them in any real way so why would they care about the rest of us or society conor friedersdorf is gonna continue to get paid to be tedious either way

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pacanukeha's avatar pacanukeha @pacanukeha.bsky.social
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very serious people are completely isolated from any personal consequences. it's one of the best reasons to ignore their beliefs. don't ignore their actions which have outsized impact of course.

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's avatar @kirklewisweber.bsky.social
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It seems like they are playacting as very serious people instead of actually being Very Serious People.

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Old Millenial™️'s avatar Old Millenial™️ @brooktrout.bsky.social
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Very Serious People who have two homes I bet

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CaryJo's avatar CaryJo @caryjo.bsky.social
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You need more than a handful of women for starters. And how white is your cohort?

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Bonnie Johnson's avatar Bonnie Johnson @bonjohnson.bsky.social
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Makes you wonder why, yeah?

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's avatar @gpthacker.bsky.social
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And they shall all be known as The Van Pappens! Wait wait, that will never happen here as I’m sure once they’ve got unhindered power Bannon, Miller, Flynn et al with absolutely respect and listen to the delusional fucks who got rich inventing an app.

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Chalin's avatar Chalin @chalin.bsky.social
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Because (they think - and may be right that) money insulates you. They have far too much faith in the resiliency of American institutions.

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Donna L's avatar Donna L @donnalfromny.bsky.social
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😡

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DrGeophysics's avatar DrGeophysics @drgeophysics.bsky.social
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Very serious people are just crooks in suits. Same as it ever was, watching the real world burn from their posh bubble: They could care less. Brexit and Scamalot Trumpistan were the tells eh?

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Sarah Parcak, Book Writing Madness 's avatar Sarah Parcak, Book Writing Madness @indyfromspace.bsky.social
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Maybe tell the newspaper which employs you to wake up, but I'm sure Maggie Haberman will save the day once again with a grift ridden ethics lacking book deal.

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HoneyBearKelly 's avatar HoneyBearKelly @sashakhan.bsky.social
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I wonder if my Borg got the message.

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Bruno Judde de Larivière's avatar Bruno Judde de Larivière @geographedumonde.bsky.social
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Many are afraid of the next elections in France... What do you think about RN's electoral program ?

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kellyverdeck's avatar kellyverdeck @kellyverdeck.bsky.social
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The wealthy—and I assume these VSP’s are wealthy—assume that their wealth will always shield them. From crime, from climate, from hunger, from authoritarianism, from everything. Only too late will they realize we’re all in one big sinking ship.

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Kai's avatar Kai @kaikronfield.bsky.social
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And weirdly, your paper is doing a very good job of obfuscating the threat he poses to the economic and political landscape. Can ya maybe talk to someone about this over there?

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GT 's avatar GT @organicdays.bsky.social
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Lack of imagination. Most people cannot see possibilities.

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Nolan Zugernat's avatar Nolan Zugernat @zugernat.bsky.social
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They didn’t live through WWII, most of the didn’t live through the Civil Rights Era, and all of them thought history was “boring stuff no one needs to know”

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SallyinFrance's avatar SallyinFrance @sallyinfrance.bsky.social
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Extremely worrying.

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's avatar @jcameron.bsky.social
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Do you think these Very Serious People are hedging? If Trump wins, we know he'll be a disaster. We also know he'll pick winners & losers. Biden will play by the rules. Even though it's unethical, amoral, & short-sited, buttering up TFG is the safer bet if you're motivated by greed.

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Evil Clown's avatar Evil Clown @0xkefka.bsky.social
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I’m voting for Biden but the one area his admin has been weak is wealth inequality Did he really have to bail out billionaire and trillionaire VCs who caused a bank run at SVB only to watch those same VCs now fund Trump? And the stock market only allowed to go up also induced oligarchy

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Doug Wolfe's avatar Doug Wolfe @dwolfe.bsky.social
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your board room high off the ground keeps you from seeing brutality inflicted on the streets so you could not imagine the climate event that killed you by downing your helicopter to the Hamptons

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Azhrie Drake's avatar Azhrie Drake @azhrie139.bsky.social
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Is there any particular reason we are jumping through hoops to not just call these folks fascist collaborators and proceed accordingly?

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Dieterjosef's avatar Dieterjosef @dieterjosef.bsky.social
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The English desease. Politicans, managers and other important people that are strangely distanced from real life and what consequences their decisions can have. Either by upbringing or simply by loads of money. #Eton

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Steve "I Dissent" Arrants 🏳️‍🌈 🏳️‍⚧️ 🇺🇦 🟦's avatar Steve "I Dissent" Arrants 🏳️‍🌈 🏳️‍⚧️ 🇺🇦 🟦 @stevearrants.me
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This is why we're preparing a bolthole.

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