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Isn’t this related to financial nihilism where normal people can’t invest or earn enough to grow money for basic life costs like housing and college with standa
by nytesky 3mo ago
Isn’t this related to financial nihilism where normal people can’t invest or earn enough to grow money for basic life costs like housing and college with standard investments or jobs. They need a moonshot, hence gambling has become normalized. It isn’t even about the White House or crypto per se, it’s a desperate embrace of risk to catch up.
- randusername 3mo ago[flagged]
- Joel_Mckay 3mo ago[dead]
- cgh 3mo agoThe phrase “financial nihilism” is explicitly mentioned and discussed in the article.
- seydor 3mo agoIt's the same with everything speculative, including polymarket, spaceX , tesla etc. Where previous generations inflated physical goods values (and real estate), the new ones are inflating digital air.