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Author: Anthony Pompliano, Founder and CEO of Professional Capital Management; Compiled by: AIMan@Bitchain Vision
For investors, Zohran Mamdani, a Muslim born in the 1990s who claims to be socialist, recently defeated former New York Governor Andrew Cuomo in the New York Democratic primary.I don’t usually care about politics, but here is a fascinating story about capitalism, financial markets, and wealth.
Zach Ware wrote: “Mamdani’s victory was a post by Rob Henderson on the Luxury Faith blog, which later became a reality. A group of rich people voted for a group of poor people and made them feel charitable, which sounded good. And the (wiser) poor people voted against it because they knew it was totally nonsense.”
Think about how crazy this situation is.A man who claims to be a socialist actually has the opportunity to become the mayor of the core of the global financial system.The irony is far from enough to describe this situation.
It’s simply crazy.
Capitalism is being attacked by TikTok-like brains, which don’t understand how the world works at all.If you don’t believe it, look at these data:
My friend Marty Bent expressed this perfectly, writing:
I believe most of you are well aware of the outcome of the New York City mayoral election for the Democratic primary.Zoran Mamdani – an open socialist –Promising to control rents during the campaign, setting up city-run grocery stores with price caps, and called for cuts to the New York Police Department’s funding during the 2020 Black Lives Matter riots — winning the primary election by overwhelmingly.This is largely due to New York City’s stupid sorting voting system.His campaign and primary victory are typical manifestations of knowledge corruption in the United States.Nothing can illustrate this better than the screenshot data shared by Geiger Capital above.
Working members without college education better understand the value of hard work and the meaning of an upright and dignified life. They prefer less radical current Democrat and former Governor Andrew Cuomo, while working members with college education prefer Mamdani..I can say with great certainty that this is a product of decades of indoctrination of Marxism at the university level, coupled with the never-ending propaganda offensive of mainstream media that convince educated liberals (especially white, and more specifically white women) that they should feel incomparably ashamed, to resist capitalist principles, and to belittle their lives by supporting socialist policies as a kind of implicit compensation.
The damage to this group’s thoughts is immeasurable, and if indoctrination and propaganda ultimately succeed through the socialist policies adopted by the United States, we will lose our once great country.
There are many reasons to criticize capitalism.It doesn’t work 100% for everyone.In fact, capitalism’s commitment is equal opportunity, not equal outcome.This is exactly what economic incentives and financial rewards are meant to those who dare to take risks and make the right choices.
People may not like this fact, but that doesn’t mean it is not true.
So you have to make a choice now.You can bet on your financial future on the rest of the country and become smarter and reject socialist policies; or,You can take your future into your own hands and choose to exit this system with some funds.
Bitcoin’s original intention is to become a sovereign, decentralized asset that allows anyone to benefit from the principle of sound currency.It doesn’t matter who is the president, the governor or the mayor.No matter how stupid our leaders’ economic policies are, Bitcoin always wins.Strangely, the more crazy the leaders’ economic policies are, the more beneficial Bitcoin will be to the people.
If you live in a violent community, you will move out or make sure you have the ability to protect yourself and your family.If you live in an era where capitalist systems are under threat, you must find ways (BTC) to protect the economic value you have worked hard to earn.
I know what I want to do for my family.Hopefully some of you have a plan, too.
