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Ripple Effect

Socialism Seems Cool, Let’s Try It

Addison WigginAddison Wiggin

November 6, 2025 • 1 minute, 9 second read


socialism

Socialism Seems Cool, Let’s Try It

Final polling shows Zohran Mamdani won on the strength of young New Yorkers — especially women — who broke decisively his way:

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Younger voters – particularly women – threw in their lot with Mamdani. (Source: Visegrad24)

It isn’t hard to see why young people are looking for an alternative.

This cohort came of age through financial crises, inflation, a pandemic, trillion-dollar federal debts, chronic political deceit, a rough job market, predatory credit, expensive degrees with dubious ROI, and rents that make homeownership a punchline.

The status quo clearly isn’t working for the young. In that vacuum, socialism seems “cool,” so why not try it?

This brand of socialism, Mamdani-style, was pitched like a designer accessory — looks great in theory, billed to someone else (in theory).

~ Addison

P.S. Today’s the day! At 2PM Eastern on Grey Swan Live!, we’ll be joined by bestselling author Harry Dent on the cross-section between these generational demographics, the dependency state, ascendant AI, and what happens when the terrifying bull market gets even more terrifying…

We’ll also get behind-the-scenes details of Harry’s own “AI Crash” forecast with Grey Swan collaborator Adam O’Dell, which came out yesterday.

If you’d like to catch up on Harry and Adam’s research findings, click here for a replay.

In the meantime, feel free to send your Grey Swan Live! questions for Harry to feedback@greyswanfraternity.com.


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The stock market is getting an unexpected boost to kick off August, bucking the historically weak summer session for the U.S. stock market.

What’s happening? The Bank of Japan and the U.S. Treasury are making a coordinated effort to support Japanese yen; a move last attempted nearly 30 years in the height of the Asian Financial contagion (1998).

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August 3, 2026 • Addison Wiggin

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