this post was submitted on 04 Jan 2024
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Gifs

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[–] porkchop@midwest.social 39 points 2 years ago (14 children)

For the non-Brits, who is this guy?

[–] fubarx@lemmy.ml 38 points 2 years ago (10 children)

Jacob Rees-Mogg: https://en.wikipedia.org/wiki/Jacob_Rees-Mogg

Incidentally, the hedge fund he co-founded just announced it was shutting down: https://www.bbc.com/news/business-67648262

[–] chicken@lemmy.dbzer0.com 15 points 2 years ago (7 children)

Is there actual reason to think this guy had something like a short position on the British economy before contributing to Brexit or is it just a meme

[–] TawdryPorker@lemmy.world 35 points 2 years ago (2 children)

There's the small matter of his Dad, a former editor of The Times, having written a book about how to profit from disaster capitalism.

[–] Gradually_Adjusting@lemmy.world 11 points 2 years ago (2 children)

The apple didn't fall from the tree

[–] TawdryPorker@lemmy.world 19 points 2 years ago (1 children)

This is what people not from the UK (and a fair few who are) always fail to recognise: the Upper Class are engaged in economic war against everyone else, their goal is to maintain a local hegemony and they have been doing this continuously since at least the 11th Century.

[–] Gradually_Adjusting@lemmy.world 5 points 2 years ago

A revolution would be glorious.

[–] chicken@lemmy.dbzer0.com 3 points 2 years ago

That's something, I guess. Maybe we wouldn't know specifically how he took advantage of it because the trades aren't public record.

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