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On Wednesday morning, ground zero of global capitalism woke in a cold sweat from a nightmare that had previously made its way across the world countless times, leaving a trail of destruction in its wake... only to find out it was all too real: Wall Street will soon have a socialist mayor.... or as Trump put it, a "communist lunatic."
Democratic socialist Zohran Mamdani’s stunning win over former Gov. Andrew Cuomo in the New York City Democratic primary for mayor shocked Wall Street, and pretty much everyone else including those Gen Zers who voted for him, who were then shocked to learn what socialism means after googling the term.
And with Polymarket putting the socialist's odds of winning the final vote at 73%, Wall Street's panic is completely justified.
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Wall Street has no one but itself to blame, because for too long they have supported progressive governments, starting with the Clintons, then Obama, Biden & Kamala.
They will get the government they wanted, good and hard!