this post was submitted on 04 Jan 2024
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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
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
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.
The apple didn't fall from the tree
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.
A revolution would be glorious.
That's something, I guess. Maybe we wouldn't know specifically how he took advantage of it because the trades aren't public record.
Jacobry Smog