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☆ Opinion: Trump Media’s billion-dollar valuation makes no sense
▼ + stars: | 2024-04-02 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

CNN —At Trump Media, it was the best of times, and it looks like it’s headed for the worst of times. Courtesy Jill FilipovicLast week, Trump Media was valued at nearly $11 billion, an astronomical sum for a money-losing company with a few million in revenue. Truth Social, Trump Media’s answer to Twitter/X, has fewer than 500,000 monthly active US users, compared to X’s 75 million. The Trump Media story, though, is a fascinating one because it is an amplified example of so much of the Trump playbook. “The first rule of cults is: you’re never in a cult,” cult expert Daniella Mestyanek Young told Jennifer Rubin of the Washington Post.

Persons: Jill Filipovic, Donald Trump’s, Trump, Michael Ohlrogge, he’s, MAGA, there’s, Rick Ross, Robert Jay Lifton, ”, —, “, you’re, Daniella Mestyanek Young, Jennifer Rubin Organizations: Twitter, CNN, CNN —, Trump Media, Trump, NYU, Washington Post, Republican, Republican Party, RNC Locations: New York, America

☆ Nuclear War Could End the World, but What if It’s All in Our Heads?
▼ + stars: | 2023-08-21 | by ( Sarah Scoles | ) www.nytimes.com time to read: +1 min

There is a longstanding psychological term for this: psychic numbing, coined by Robert Jay Lifton. And that compounds with the tendency to make a decision based on one or a few prominent variables. Dr. Slovic has also researched factors that tend to make people — including presidents — more likely to favor a nuclear launch. Colonel Petrov thought it could be a false alarm and decided not to send the warning to his superiors. Because the colonel feared a nuclear war fought under false pretenses more than he feared not retaliating, a third world war did not begin.

Persons: Robert Jay Lifton, they’re, ”, Slovic, we’re, —, Janice Stein, Stanislav Petrov’s, Petrov Organizations: University of Toronto Locations: Moscow, United States

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