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> Describing the presidential campaign, Mr. Thiel said it was "between one candidate who says everything is more or less fine, or it’s as good as it can be. And
by TYPE_FASTER 10y ago
> Describing the presidential campaign, Mr. Thiel said it was "between one candidate who says everything is more or less fine, or it’s as good as it can be. And then another one who says we’re on the Titanic, it’s about to sink. And so I prefer the second one."
Because saying that we are about to sink will attract more votes? So Thiel goes with Trump because he thinks he will win, not because he thinks Trump would be the better president? So Thiel knows where to invest his money?
That's one way of looking at the presidential election, I guess.
- chubot 10y agoYou don't think anybody in the country honestly believes that it's like the Titanic about to sink? I don't happen to believe that, but I believe Thiel and others honestly believe it. I would consider the possibility that there are things you don't understand here. Trump's victory is something that should cause people to reflect. It was certainly very surprising to me. Along those lines, Hillary and Obama's remarks about giving Trump a chance were gracious and sorely needed after such a noisy election.
- helthanatos 10y agoI believe it. How much debt can a country go into before the lenders want it back? How many government programs have to exist for companies to shrivel? How does a county's reputation for being the global police affect it when it's sinking? I don't think it's necessarily doomsday soon, but if it isn't fixed, it could lead to very dark places.
- thinkmoore 10y agoUh, we are paying it back? Why would any sensible household or business pass on ~1% APR loans to fund investment? Our interest payments are less than 1.5% of GDP (down from 3% of GDP a decade or so ago). People always whine about not running government like a business...
- deleted 10y ago[deleted]