All tagged Trump

Patriotism vs. Nationalism and Why it Matters

According to a study from Brown and Stanford universities, the United States is polarizing faster than other developed democracies and is arguably more divided today than at any time in the past 40 years (Boxwell et al., 2021; DeSilver, 2022). Our view of the word patriotism has likewise become increasingly contentious. Though traditionally understood as affection for one’s country, many now mistake patriotism for its darker counterpart, nationalism, and vice versa; this can be attributed to the rhetoric of both major political parties. However, before we can understand the importance of, and difference between, patriotism and nationalism, we must examine their etymology.

What is DWAC? The Donald Trump SPAC

The last 18 months have been one of the most peculiar times in modern finance. From crypto surges and NFTs, to meme stocks and all-time market highs. In October, Digital World Acquisition Corp. (NASDAQ: DWAC), a SPAC, was yet another stock to experience a meteoric rise, and has joined the fray of peculiar financial securities, becoming one of the most popular ticker symbols on Reddit forum Wall Street Bets. However, DWAC has a uniquely political twist: It is the SPAC bringing public what will become (post-merger) the Trump Media and Technology Group, a firm created and being run by former President Donald Trump.