Why I find the arguments of Strasserists, cryptocommunists, and basic bitch leftists repulsive is that they're driven by petty resentment, hyperbolism, and fundamentally flawed understandings. It's mostly the petty resentment though.
"A well deserved punishment to boomers" is the type of petty resentment that I despise. The whole thing is just "wahhh I'm in my 30s and mad at my parents still." Fucking grow up. Being mad at my parents was a defining part of my worldview when I was like, 15. It's a juvenile phase you're eventually supposed to grow out of. I guess if your whole work is reading Nietzsche to 15 year old boys you don't have to though.
Yes boomers are by default largely responsible for the current state of things because they're the oldest majority alive generation. They're also a generation that appears on average 15-20 points lower IQ than their successor generations, probably a result of things like leaded gasoline, lead paint, retarded diets, and abandoning most forms of mental exercise once they reached middle age. Most boomers have ektch-a-sketch brains that get reset daily by the television. This is valuable to understand, but that's just a first step to being able to do anything to improve your own situation or society as a whole within the circumstances that they created.
There's an attitude from various people of "BOOMERS JUST DIE ALREADY" and then what? Your whole plan is Total Boomer Death, ??????, Profit. Even if you deleted every boomer tomorrow you would still be stuck in the same world, and you'd have no plan, because you spend all day wallowing in resentment as an excuse to do nothing.
Keith might be so stupid he can't even read a chart. There is no spike in rates. Rates are lower today than they were 2 weeks ago. Where is the spike Keith? Show me on the chart the fucking spike. Not the one day chart, but on a time frame that actually makes sense in the context of the mortgages you're talking about, which would be a minimum 90 day period. There's certainly been spikes in market volatility over the past 2 weeks, but this is not really relevant to many people besides day traders and market makers.
The fundamental mistake most political commentators make when incorporating market data into commentary is an assumption that today's market prices are rational, or yesterday's market prices are rational, or the past 6 months of prices have been rational, or the past 2 years of prices have been rational. When left leaning people try to incorporate this presupposition they also create a self-exploding argument because they're basing their argument around the efficient market hypothesis, when one paragraph later or the next day later they'll also start advocating for centralized/socialized resource allocation, because they don't believe in the efficient market hypothesis.
Like I've mentioned previously, the drop in most stock values over the past 2 weeks is not a direct consequence of tariffs, but a direct consequence of the reality that the stock market had turned into a retarded casino where bulls hammering the bid on everything felt like they could just do it forever because government policy would always backstop them and paper over any inconvenience like poor earnings, logistical or development delays, and even bad corporate management. Trump's tariff announcements were a declaration that his administration were not going to just pump up the market at all costs, which was the more meaningful impact than the impact on trade. So you had an immediate revert of a full year of market insanity. Now new conditions are established and there's short-term volatility as we see how things actually shake out and analysts assess what the long-term implications on trade and earnings expectations really are.
