Inequality in US may spur ‘terrible civil war’, says hedge fund billionaire

Discussion in 'Wall St. News' started by thecoder, Dec 3, 2021.

  1. VicBee

    VicBee

    Yet, let's not believe this is only an American problem. Europe is in a similar but very different crisis. We cannot seem to amend for our past while Europeans are unable to accept the large influx of foreigners. Similar in that we're essentially talking about whites openly asserting their ethnic and cultural dominance over all others. Different in that non whites are no less legitimate than whites are, while in Europe a case could be made that immigrants have a duty to integrate in the nation's culture they settle in. Conversely, so called minorities in the US have a case to fight for equality while minorities in Europe ought to live by the standards of their adoptive country or leave. European immigrants use the arguments of American minorities but they aren't the same for a simple reason, America is a land of immigrants, willing or not; while European nations are a reflection of their unique cultures over which many wars were fought to assert. European nations have no obligation to protect minority rights, but minorities have an obligation to integrate into general society.
    The speeches of far right politicians in the US and Europe may sound the same, but their references are very different.
     
    #11     Dec 3, 2021
    taojaxx likes this.
  2. taojaxx

    taojaxx

    That was back in January. Dalio has more and more intellectual achievements designed to ingratiate him with whomever seems likely to help him: in this case that was the brand new Brandon administration. We also had his recommendations to invest in Chinese bonds earlier this year. He has kept quiet on this lately, as the CCP is busy annihilating foreign investors holdings.
     
    #12     Dec 3, 2021
    Trader200K likes this.
  3. Trader200K

    Trader200K

    Dalio is quite accomplished and his violence prediction is far more plausible than I like, but here he is cursing the darkness of untreatable symptoms. Screaming at a Yugo at the end of the assembly line will not improve its roll.

    Divide & Conquer investment is as lucrative as it is pervasive. Rule of Law is at the knee of the Solzhenitsyn curve. Barring some miracle, both appear unstoppable IMHO.

    Civil and World War will be a suboptimal, but likely an effective approach at all levels for re-teaching the values of logic, reason, freedom and equal justice to the survivors in hindsight.

    Kondratieff saw the Big Wave in his time, unfortunately his normalcy bias was too strong to save him from being killed by it.
     
    #13     Dec 3, 2021
  4. %%
    Like bond slaves??:D:D Most likely turn out for the better, long term. Some NRA members have a gatling gun/civil war winner.............................................................................The good news is scientific study shows all ,are people of color/to prove that\ just hold up your white paper trading notebook paper right next to your colored skin:caution::caution::D:D
     
    #14     Dec 3, 2021
  5. In effect, the US sells bonds on the back of the citizens labor so yeah, you've got it.
     
    #15     Dec 3, 2021
    murray t turtle likes this.
  6. One of the richest men on earth preaching about wealth inequality.
     
    #16     Dec 3, 2021
  7. Overnight

    Overnight

    Ironical, ain't it?
     
    #17     Dec 3, 2021
  8. Cuddles

    Cuddles

    The economic/welfare need venn diagram of the low class on both parties may as well be a circle, so the powers that be push culture wars to the forefront instead.
     
    #18     Dec 3, 2021
  9. easymon1

    easymon1

    delete lrsn.jpg delete kdl;.jpg delete hfs;.jpg delete lshd.jpg
     
    #19     Dec 3, 2021
    murray t turtle and thecoder like this.
  10. easymon1

    easymon1