You cant afford a new house. You cant afford a new car. Healthcare costs are the single largest cause of bankrupcy and financial strain is the single largest cause of divorce.
But at least the billionaires are thriving.
“Eat the rich” is honestly where we’re headed. And I don’t mean literally eat I mean TAKE THEIR WEALTH.
Until billionaires are made illegal, and “real estate investment” (i.e. predatory price gouging on homes/apartments) is made illegal, everything is gonna continue getting more fucked. It’s too little too late though, greed has destroyed our planet. We’ve got front row seats to the downturn of human civilization.
I’m stocking up on canned food, and I’ve never been the doomsday prepper type. Honestly I think we’re about to enter a protracted global depression that makes ‘08 look like a speedbump.
The immigrant crisis around the globe is also at a tipping point. Climate change and corporate greed have fucked many places in the world out of habitability.
Immigrants aren’t going to stop coming because the alternative is a slow and miserable death or the threat of cartel governments. Now western countries don’t want to take care of them and don’t want to deal with them at all, because immigrants demand resources and we need all that money to hide in congress’ ratholes.
Well if we hadn’t fucking destroyed the planet in the blink of an eye maybe they wouldn’t all need to come to europe. If we hadn’t waged this stupid fucking war on drugs then maybe south/central americans wouldn’t need to flee cartel zones for fear of their entire village being beheaded and dumped in a pit.
America and Europe are only beginning to reap what we’ve sown over the last 50 years and we already want to throw in the towel.
Shit is going to get far worse, everywhere, imminently.
'08 never actually ran its course. They kicked the can in the hopes they would be able to not have it actually bear its foul fruit.
The derivates market is overleveraged, some entities over 30X. They are holding the hot potato and hoping it will cool off as they hold a blowtorch to it, as a manner of business.
My car is old enough to have kids my age, but at least I’ll never have to take it to a mechanic. No computers means I can do everything from valve timing to gearbox rebuilds myself, and parts are dirt cheap because they’re being thrown out all the time.
Don’t forget they created derivates based on that debt, because they “learned” from '08 how home mortgage debt derivatives isn’t as safe as they thought.
Good thing that non-dischargeable debt is nice and safe and won’t be wiped by government action, because that would make tiers of derivatives worthless and unwind multiples of the economy into a crater. That is why they fought against wiping student loan debts.
I agree with your point and also don’t really care how they’re handling having obscene wealth and untold power over everyone else, I just think it’s worth pointing out that giving these rich assholes exactly what they want doesn’t make them happier either. It’s a losing situation all around (though obviously more for people on the bottom).
The economy sure is doing well /s
You cant afford a new house. You cant afford a new car. Healthcare costs are the single largest cause of bankrupcy and financial strain is the single largest cause of divorce. But at least the billionaires are thriving.
“Eat the rich” is honestly where we’re headed. And I don’t mean literally eat I mean TAKE THEIR WEALTH.
Until billionaires are made illegal, and “real estate investment” (i.e. predatory price gouging on homes/apartments) is made illegal, everything is gonna continue getting more fucked. It’s too little too late though, greed has destroyed our planet. We’ve got front row seats to the downturn of human civilization.
I’m stocking up on canned food, and I’ve never been the doomsday prepper type. Honestly I think we’re about to enter a protracted global depression that makes ‘08 look like a speedbump.
The immigrant crisis around the globe is also at a tipping point. Climate change and corporate greed have fucked many places in the world out of habitability.
Immigrants aren’t going to stop coming because the alternative is a slow and miserable death or the threat of cartel governments. Now western countries don’t want to take care of them and don’t want to deal with them at all, because immigrants demand resources and we need all that money to hide in congress’ ratholes.
Well if we hadn’t fucking destroyed the planet in the blink of an eye maybe they wouldn’t all need to come to europe. If we hadn’t waged this stupid fucking war on drugs then maybe south/central americans wouldn’t need to flee cartel zones for fear of their entire village being beheaded and dumped in a pit.
America and Europe are only beginning to reap what we’ve sown over the last 50 years and we already want to throw in the towel.
Shit is going to get far worse, everywhere, imminently.
'08 never actually ran its course. They kicked the can in the hopes they would be able to not have it actually bear its foul fruit.
The derivates market is overleveraged, some entities over 30X. They are holding the hot potato and hoping it will cool off as they hold a blowtorch to it, as a manner of business.
Why not both?
Because people who scream eat the rich, also scream ban firearms…you need those to be able to eat the rich.
Nooo no no no no. Those two things are not the same.
You’re confusing liberals and leftists
Pitchforks and torches work well enough. They’re more fun also. ¯\_(ツ)_/¯
My Accord is old enough to vote and I’ll be driving it until it dies. Or until I do.
Hey, my Accord could start high school! Congrats to us 🤡
I’ve always driven cars until they die…or in the case of my 2007 Accord a my son totals it. 😑 I do as much of my own work as possible too.
I truly don’t get the point of getting a new car just to get a new car.
My car is old enough to have kids my age, but at least I’ll never have to take it to a mechanic. No computers means I can do everything from valve timing to gearbox rebuilds myself, and parts are dirt cheap because they’re being thrown out all the time.
Don’t forget they also made college unaffordable and made sure you can’t get rid of student loans in bankruptcy. Charming place this is.
Don’t forget they created derivates based on that debt, because they “learned” from '08 how home mortgage debt derivatives isn’t as safe as they thought.
Good thing that non-dischargeable debt is nice and safe and won’t be wiped by government action, because that would make tiers of derivatives worthless and unwind multiples of the economy into a crater. That is why they fought against wiping student loan debts.
this is all gonna snap, probably all at once
If the loud ones (e.g. Elon) are any indication, I don’t really think this is true either.
Elon isnt doing badly because of the economy, hes doing badly because hes a moron. Most billionaires arent “struggling” to grow their wealth.
I agree with your point and also don’t really care how they’re handling having obscene wealth and untold power over everyone else, I just think it’s worth pointing out that giving these rich assholes exactly what they want doesn’t make them happier either. It’s a losing situation all around (though obviously more for people on the bottom).