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My personal opinion is people voted for Obama out of hope. They felt betrayed as nothing really changed. Voted for Trump as a FU, voted brexit as FU and so on.
by rapsey 7y ago
My personal opinion is people voted for Obama out of hope. They felt betrayed as nothing really changed. Voted for Trump as a FU, voted brexit as FU and so on.
- basch 7y agoAnd part of this "FU" must be that if you have nothing you have nothing to lose. If you have nothing in the stock market, you don't care how the SP500 or Nasdaq performs, as long as your job is safe. The top of the top outperforming everything else is just another transfer of wealth, and an increase in wealth inequality. Starting a mansion on fire, knowing your tent hundreds of miles away is safe, and even if its not, a new tent is relatively cheap. The tea party, occupy wall street, and the latest worldwide populist wave are different coin sides all rooted in the same feeling of victimization. It's a purposeful intent to crumble and erode institutions that have amassed wealth. The feedback loops of tax loopholes and lobbying, siphoning off and storing value, pretending their holdings dont cause others problems, are culpable.