I live in Texas but I’m seeing these Georgia results and I’m honestly shocked at how far left the south has shifted. I live in Texas which is red for now but I feel it will flip. I do think think a good portion of this has to do with people moving to red states. I’ll never understand people who move from blue states, complain about high taxes, and then vote for the same policies. Doesn’t help either that public schools are propaganda factories.
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The problem is, everyone is pumping their money into equities because the US dollar is losing value. Treasury bonds are not even giving you a positive return after inflation. I think this explains the Bitcoin bump... Everyone knows the stock market is overinflated (and the housing market); there's just barely anywhere else to put your money. The government is also pumping money in there, and if you're not in the game, you're missing out on the gibs. It will explode, but who knows when? They could delay a depression for another 10 years with their printing press. Of course it would just make things more destructive when it finally happened.
Why I keep buying farmland. Yeah the value on the books may go down, but it produces crops which = income. And over the last 20 years it keeps pace with real inflation.