travmatt

Any business who followed your logic would be then vulnerable to the first competitor who was willing to sell the cure instead. To prevent that from happening, it would take a global conspiracy of every company who could develop said drug, along with the complicity of every scientist who knew about said research and who would be tempted to develop or leak its it themselves.

In reality, a company will look at the cure and know that it will end the market in management. They will also understand that whoever brings the cure to market first will take the majority of the profits, and the other will just lose. A company will not refrain from selling a cure to protect the market share of its competitors.

Your idea only works if you believe there is a global conspiracy of businesses and scientists who all agree to embargo research into cures, and who are all willing to forgo any profits on the cure while also recognizing any scientist and company not in their conspiracy could wipe out their profits at any time.

If a company is aware that a new drug could cure a previously managed disease, it’s pretty obvious that you’d like to be the one pocketing any available profits before a competitor does. The conspiracy only works to the extent that nobody else in the world could create the same drug, and that every person aware of its existence is prepared to keep it secret and lose out on the money to be made selling it.

I don’t think the stock market has correlated with underlying economic realities in a long time, and I don’t think short selling is the cause of that.

Additionally, I’d think that the small constant corrections of short sellers helps avoid most large cost corrections later.

Markets cannot find efficient prices without short selling.

One of the people in the world most vulnerable to short selling is against it.*

Short selling is still an essential part of markets and price discovery, it’s not really that hard to understand why Elon is against it.

I saw a picture on Reddit of a wall stacked high with 3060’s. In the comments, the poster mentioned he placed a bulk order, the downside was it took a while.

Some might argue that you should provide evidence and arguments that support your allegation that’s she’s selling influence.

I have a hard time reconciling the fact you claim to be making a dispassionate analysis, and yet cannot find a single accomplishment of Janet Yellen that would merit her being an in-demand speaker, except her ability to ‘direct government largesse’. If you were trying to make a sincere argument, I suspect you’d find a few reasons people would value her ideas.

I’m telling you that black people in America have a culture that is descended from a lot of sources, and you cannot just simplify it as Anglo-Saxon, again because such a wide swath comes from the African diaspora that ignoring that means ignoring its most noticeable aspects. Gospel, jazz, blues, and rap are not descended from any Anglo-Saxon musical tradition, nor are our dances, or many of our foods.

American culture is largely descended from Anglo-Saxon culture, but that doesn’t transitively mean that all American culture is now Anglo-Saxon. The pockets of non Anglo-Saxon culture are not recent additions to black culture, they’ve been intact and distinct throughout their history. The Gullah people are American, not an expat community.

I know expat Jamaican and Dominican communities in New York that celebrate festivals yearly. I ate jerk chicken with red beans and rice last week, I don’t think that was an Anglo-Saxon invention, nor was chitlins, collard greens or other dishes. And we don’t listen to Anglo-Saxon music, as African American music isn’t descended from anglo-Saxon music at all. The fact that it’s been widely adopted in Anglo-Saxon culture doesn’t mean that they claim it’s origins at all. Gospel music and hymns do not come from Anglo-Saxon culture at all, nor does jazz, rap or blues. Gullah culture isn’t Anglo-Saxon, nor is the creole language and culture practiced around New Orleans and Louisiana. Trying to label African-American culture as Anglo-Saxon erases most of the actual history, which again comes from the African diaspora. Mexican-American culture doesn’t become ‘Anglo-saxon’ just because they now live in America and can speak English.

African-American culture is most certainly not Anglo-Saxon. It’s actual roots in the African diaspora and the Caribbean, and there are entire communities, like the Gullah of the Carolinian coasts, that have preserved their culture and language since the diaspora began. The most noticeable elements of African-American culture have been adopted into Anglo-Saxon culture, they don’t come from it. American culture predominantly descends from Anglo-Saxon culture, but it’s distinct.