4 ms·
Because the most interesting thing about WW3 is how to make a profit from it? Who are these people? And what kind of society produces them?
by codr7 3y ago
Because the most interesting thing about WW3 is how to make a profit from it?
Who are these people? And what kind of society produces them?
- ryaneager 3y agoThey are capitalist and capitalism produces them.
- golergka 3y agoSociety that wants it's elderly and war veterans to live on something without having to work. An average "investor" is an ordinary person with a savings and a pension. Professional investors mostly manage their money.
- codr7 3y agoAnd that wouldn't be a problem; neither would making sure everyone has food, a roof over their heads and access to health care. But some people just need a hundred sailing boats and mansions, and wouldn't mind WW3 if it allowed them to get a few more. It's like any other religion, once you cross over into fundamentalist, it becomes a disease.
- jrsj 3y agoUnderstanding financial implications of this isn’t the same as trying to profit from it. With something this catastrophic you aren’t really likely to anyways. But considering it & preparing to at least remain solvent somehow isn’t necessarily a bad/immoral thing to do
- codr7 3y agoThat time would be a hell of a lot better invested learning how to clean your own water and grow your own food. And figure out ways to avoid going there at all. Who TF cares about the stock market? Most likely even gold isn't going to get you very far at that point.
- sgjohnson 3y agoLockheed Martin outperforms S&P500 currently, what do you want me to do in the current geopolitical situation? Not hedge my bets?
- codr7 3y agoThink outside the box? Do you really imagine the stock market will be a thing after the shit hits the fan? What part of 'sticks and stones' did you not understand?
- sgjohnson 3y ago> Do you really imagine the stock market will be a thing after the shit hits the fan? Yes. > What part of 'sticks and stones' did you not understand? I don't believe in the 'sticks and stones' part. Even if I did, it's not something I have to concern myself with—if I do, everything becomes futile anyway. WW3 doesn't have to mean the end for all civilization.
- codr7 3y agoWell, keep telling yourself that, makes it easier to go with the flow I guess.
- carabiner 3y agoMe, and American.
- codr7 3y agoThe first one is a choice, and a lousy one if you ask me.
- prepend 3y agoWho says this is the most interesting? It’s a factor, but the article doesn’t claim it’s paramount. What makes you think this is so important?
- codr7 3y agoMy argument is that it's not a factor, at all. The kinds of problems we'll all be facing at that point makes the entire discussion surreal.
- prepend 3y agoYou said “Because the most interesting thing about WW3 is how to make a profit from it?”
- ThrowawayR2 3y agoThe author actually discusses exactly that point at the very bottom of the article but apparently, in their frenzied, dopamine seeking rush to post uninformed kneejerk reactions, many here did not bother to read that far. And that's despite the article being rather short.
- codr7 3y agoI was responding to the discussion, and I consider my response more informed then the rest of it. I get the feeling you're mostly upset because someone had the gall to question your priorities/perspective; otherwise there would be no need to attack and try to insult me.
- TacticalCoder 3y ago> Because the most interesting thing about WW3 is how to make a profit from it? > > Who are these people? And what kind of society produces them? Not defending TFA but... What kind of society produces the warmongering politicians that are bringing us WWIII? Sure, traders are going to trade and investors are going to invest. But one thing traders and investors are not going to do is start WWIII. Let's not lose sight of whom the real psychopaths are here.