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A JPMorgan strategist predicts Joe Biden will drop out of the 2024 race
(web.archive.org)
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this post was submitted on 08 Jan 2024
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politics
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It's wild that the richest politician in the country is somehow one of the better ones
Same reason FDR was smart enough to invest in guillotine insurance.
I have met more than one rich person IRL who gets what’s going on and understands how to actually keep capitalism running. Weirdly it’s the CEOs and people who have inherited vast sums (like Pritzker) that are the sharpest on this. Entrepreneurs and business owners are completely off the deep end though, they all think they’re characters in an Ayn Rand novel.
If I was a soulless billionaire I would be pushing for social democracy tout court.
Inb4 a mega billionaire takes it too far for them and accidentally presses the communism button that also guillotines them at the same time
i like this for us