eli04

joined 2 years ago
 

cross-posted from: https://linux.community/post/3587385

I don't mean only the US but in much of the world: in many European countries the populist far right is unseating Christian-Democratic parties (conservative parties), like in Hungary, Slovakia or Czechia. In others like Germany or France the far right is at the gates of power, in the UK, Reform UK is running high in the polls. In Turkey autocratic Erdogan is copying the Putin playbook to systematically dismantle the social-democratic opposition. In Japan, a neo Thatcherite that doesn't hide she honors Japanese war criminals is about to become the new PM.

Something common I see in all these parties is strong disaffection with the current state of their countries and a longing to an idealized past they promise to bring back, to make countries great again...

Except that societies have changed beyond recognition in the last 40 years, emerging China, India, Mexico and a myriad of south east Asian countries can produce cheaper than us in the developed countries, so called first world democracies are now much older and indebted than 40 years ago (no wonder societies have shifted so hard to the right), buying a house is now waaaay more expensive than 40 years ago, you cannot earn a livable wage just assembling toasters like 40 years ago, you just cannot roll automation and digitization back, no matter how much you complain...

The past cannot come back, neither will it come back just because some people want it to. It's completely futile, but people are not rational about this, they're completely emotional and tribal.

It's like a huge, collective effort in denial: denying that we in the developed world are older, not the first ones in the world anymore, that other countries we always considered inferior to us are even surpassing us technologically while we complain and hope for a savior that brings us 40 years back when we, the white guys, ruled all over.

I don't see it happening: being angry and voting the far right may make some people feel good, it may make them feel they're somehow taking their country back, but it's not going to stop China, India and other countries from developing, investing in new technologies and even creating trade alliances that bypass the US or the EU.

My question: was there a moment in history where societies were so shifted to the right like today? How long did it last?

 

I don't mean only the US but in much of the world: in many European countries the populist far right is unseating Christian-Democratic parties (conservative parties), like in Hungary, Slovakia or Czechia. In others like Germany or France the far right is at the gates of power, in the UK, Reform UK is running high in the polls. In Turkey autocratic Erdogan is copying the Putin playbook to systematically dismantle the social-democratic opposition. In Japan, a neo Thatcherite that doesn't hide she honors Japanese war criminals is about to become the new PM.

Something common I see in all these parties is strong disaffection with the current state of their countries and a longing to an idealized past they promise to bring back, to make countries great again...

Except that societies have changed beyond recognition in the last 40 years, emerging China, India, Mexico and a myriad of south east Asian countries can produce cheaper than us in the developed countries, so called first world democracies are now much older and indebted than 40 years ago (no wonder societies have shifted so hard to the right), buying a house is now waaaay more expensive than 40 years ago, you cannot earn a livable wage just assembling toasters like 40 years ago, you just cannot roll automation and digitization back, no matter how much you complain...

The past cannot come back, neither will it come back just because some people want it to. It's completely futile, but people are not rational about this, they're completely emotional and tribal.

It's like a huge, collective effort in denial: denying that we in the developed world are older, not the first ones in the world anymore, that other countries we always considered inferior to us are even surpassing us technologically while we complain and hope for a savior that brings us 40 years back when we, the white guys, ruled all over.

I don't see it happening: being angry and voting the far right may make some people feel good, it may make them feel they're somehow taking their country back, but it's not going to stop China, India and other countries from developing, investing in new technologies and even creating trade alliances that bypass the US or the EU.

My question: was there a moment in history where societies were so shifted to the right like today? How long did it last?

 

I'd like life to be black and white, but ¯_ (ツ)_/¯

I'm a floor nurse, a job incredibly full of egos, passive aggressiveness, picking favorites, openly denigrating you with you present, a job I don't like. I'm basically wiping up asses, dealing with alcoholics who fight you, washing people with dementia who don't want to be washed, patients who refuse their meds but in the eyes of the charge I'm the guilty one if I don't, somehow, make the person take his meds.

I hate it but this job pays my bills and even lets me save for retirement. Coming from a poor background, financial stability is incredibly important to me. I'm in in 40s for reference and not smart enough to study medicine.

It is what it is.

Job I applied for: moving beds, not empty beds but moving patients in beds from floor a to b, or taking them to the OP room, or for any kind of intervention. Everyone doing this job is happy: no floor stress, nobody micromanaging them, they get ample of free time, because they get to choose when to mark the patient as moved, don't have to wash patients, if a patient refuses transportation they document it and move on, no drama, like when the charge asks you why patient x didn't do whatever... seems an easy job.

but those 20K per year... (102K vs 81K fwiw)

Is it even worth it? I really hate my job but need the money.

 

SRI ETF = social responsible index exchange trade fund

I'm a total newbie looking for one world ETF for a 30 year investment to keep it simple and to reduce risk.

ETFs I'm considering are

MSCI World SRI Index (USD) https://www.msci.com/documents/10199/641712d5-6435-4b2d-9abb-84a53f6c00e4

MSCI World Climate Change ESG Select Index (EUR) https://www.msci.com/documents/10199/84e37acb-a91e-8ff3-a909-6f8c7c6306dd

most people I asked know about the SRI but not about the climate change one. climate change's annual performance is way higher than SRI's. Very unsure about how to proceed.

Just to be sure, annual performance is way more important than the cumulative index performance - net returns, right? Because here climate change is better than SRI.

If I'm US based, is it better to invest in a USD denominated ETF or does it simply don't matter if I invest in a EUR denominated one (like climate change)?

How does trump play into all of this?